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Dubai Electricity And Water Authority
The Dubai Electricity and Water Authority (DEWA) () is a public service infrastructure company that was founded on 1 January 1992 by Sheikh Maktoum bin Rashid Al Maktoum. History DEWA was formed by merger of the Dubai Electricity Company and the Dubai Water Department that had been operating independently until then. These organizations were established in 1959 by Sheikh Rashid bin Saeed Al Maktoum, the ruler of Dubai at the time. The objective of the state-run company is making available to the people of Dubai an adequate and reliable supply of electricity and water. As of end of 2019, DEWA employs a workforce of 11,727 employees and provides 915,623 customers with electricity and 816,580 customers with water.https://www.dewa.gov.ae/~/media/Files/Customer/Sustainability%20Reports/DEWA%20Sustainability%20Report%202019%20EN.ashx In 2019, DEWA had an installed capacity of 11,400 MW of electric power and 470 million imperial gallons (2.14 billion liters) of desa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utilities
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods and services that are considered essential; water, gas, electricity, telephone, waste disposal, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. A monopoly can occur when it finds the best way to minimize its costs through economies of scale to the point where other companies cannot compete with it. For example, if many companies are already offering electricity, the additional installation of a power plant will only disadvantage the consumer as price ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pumped-storage Hydroelectricity
Pumped-storage hydroelectricity (PSH), or pumped hydroelectric energy storage (PHES), is a type of hydroelectric energy storage used by electric power systems for load balancing (electrical power), load balancing. A PSH system stores energy in the form of gravitational potential energy of water, pumped from a lower elevation reservoir to a higher elevation. Low-cost surplus off-peak electric power is typically used to run the pumps. During periods of high electrical demand, the stored water is released through water turbine, turbines to produce electric power. Pumped-storage hydroelectricity allows energy from Intermittent energy source, intermittent sources (such as solar power, solar, Wind power, wind, and other renewables) or excess electricity from continuous base-load sources (such as coal or nuclear) to be saved for periods of higher demand. The reservoirs used with pumped storage can be quite small, when contrasted with the lakes of conventional hydroelectric plants of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of Dubai
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent forms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power In The United Arab Emirates
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing with electrical c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Dubai
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharjah Electricity And Water Authority
Sharjah Electricity, Water and Gas Authority (SEWA) is a governmental utility within the Emirate of Sharjah, serving roughly 300,000 consumers with electricity, water, and natural gas. Additionally, SEWA owns a subsidiary, Zulal, specializing in bottled drinking water. Saeed Sultan Al Suwaidi has served as chairman since 2020. Sharjah Electricity, Water and Gas Authority became a profit-making organization in 2015, contributing to government revenues. It also won the Best Arab Electricity and Water Authority Award for 2014. History Originally a private entity, SEWA transitioned into a Government-owned organization upon the formation of the United Arab Emirates in 1971. It later became part of the Sharjah government and was renamed the Electricity and Water Department. As the emirate grew, the company expanded to become a financially and administratively independent entity. This decree was issued by Sheikh Dr. Sultan Bin Mohammed Al-Qassimi. SEWA opened a new SCADA center in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Power In The United Arab Emirates
While being a major oil producing country, the United Arab Emirates (UAE) has taken steps to introduce solar power on a large scale. However, solar power still accounts for a small share of energy production in the country. The country was the 6th top carbon dioxide emitter per capita in the world in 2009, with 40.31 tonnes,World carbon dioxide emissions data by country: China speeds ahead of the rest Guardian 31 January 2011 but is planning to generate half of its electrical energy by 2050 from solar and sources, targeting 44% renewables, 38% gas, 12% coal, and 6% nuclear energy s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy In The United Arab Emirates
Energy in the United Arab Emirates describes energy and electricity production, consumption and import in the United Arab Emirates (UAE). The UAE has 7% of global proved oil reserves, about 100 billion barrels.2011 report on oil and gas companies, Promoting revenue Transparency 2011 p.113-114, 116 Primary energy usage in 2009 in the UAE was 693 TWh and 151 TWh per million persons.IEA Key energy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Income
In business and Accountancy, accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and Amortization (accounting), amortization, interest, and taxes, and other expenses for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period,Weil, Schipper, Francis. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning and has also been defined as the net increase in Equity (finance), shareholders' equity that results from a company's operations.Weil, Schipper, Francis. (2010) Financial Accounting. Cengage Learning. It is different from gross income, which only deducts the cost of goods sold from revenue. For Household, households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Financial Market
The Dubai Financial Market (DFM) () is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000. Overview , there are 67 companies listed on DFM. Most of them are United Arab Emirates, UAE-based companies and a few others are dual listings for companies based in other MENA region countries. Foreign companies are from the following countries: Kuwait, Bahrain, Oman, and Sudan. Many companies allow foreigners to own their shares. During 2004 and 2005, there were significant increases in the volume of shares traded and the share prices of many companies. However, towards the end of 2005 and through the first few months of 2006 the bubble burst and share values dropped by around 60% on DFM, along with similar decreases in most other Persian Gulf stock markets. DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Exchange (ADX) also lists mostly UAE companies and NASDAQ Dubai was set up to trade international stocks. DFM and ADX are bot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hatta, United Arab Emirates
Hatta () is an inland exclave of the emirate of Dubai in the United Arab Emirates. Formerly an Omani territory, its ownership was transferred to Dubai in or around 1850. Geography It lies to the south-east of Dubai's main territory and is about east of Dubai. It is located relatively high in the Hajar Mountains. It borders Oman to the east and the south, the Ajman exclave of Masfout to the west, and Ras al-Khaimah to the north. History Formerly, known as Hajarain, Hatta became a dependency of Dubai during the reign of Hasher Bin Maktoum after the Omani Sultan Turki bin Said transferred the territory, finding himself unable to defend it against the Na'im of Buraimi, who had settled neighbouring Masfout (today a part of the emirate of Ajman). The village was still called Hajarain as recently as 1906. The old village of Hatta includes two prominent military towers from the 1880s, a fort from 1896 and the Juma mosque, which was built in 1780 and is the oldest building in H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
