DEWA | Dubai Electricity & Water Authority | MD & CEO Quote

2 January 2022

Quote by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA on the approval of the Dubai Government budget for 2022

Saeed Mohammed Al Tayer. MD & CEO of Dubai Electricity and Water Authority

“Thanks to the wise vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai has managed to consolidate the foundations of a robust economy that is capable to grow and attract investments. Dubai has become one of the fastest cities to recover from the effects of COVID-19 pandemic despite the challenges faced by the world economy over the past two years. It is currently hosting the world at Expo 2020 Dubai, which has achieved significant success as an exceptional event that has amazed the world. The approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum of the general budget for the government sector for 2022-2024 with a total of AED 181 billion shows that Dubai is moving steadily towards its objective in enhancing its overall economy and global competitiveness. This shows the importance the wise leadership gives to achieving the happiness of citizens and provide them with a decent life. It also demonstrates the great resilience of the Government of Dubai and its commitment to driving the economy and enhancing the sustainable development. Allocating 30% of the total government budget to social development underlines that our wise leadership considers the people the true fortune of the country,” said HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA).

“At DEWA, in line with the vision and directives with the wise leadership, we continue our efforts to enhance Dubai’s leading position in the clean and renewable energy sector through pioneering and innovative projects to achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy to provide 100% of Dubai’s total power capacity from clean energy sources by 2050,” added Al Tayer.