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As of May 12, DEWA joins the Dubai Financial Market indices


Thank you for reading. Read the news: As of May 12.. DEWA joins the Dubai Financial Market indices

Basrawi News Encyclopedia – Books: Rania Muhammad / The Dubai Financial Market announced on its website, today, Thursday, that the Dubai Electricity and Water Authority (DEWA) has joined the general index of the market and the index of the public utilities sector, as of May 12, 2022.

And “Dewa” was listed on the Dubai market last April, within the public utilities sector.

This listing is the first on the Dubai Financial Market this year, and the first of 10 planned offerings for government and semi-government companies.

With its completion, DEWA became the largest listed company in the market, with a market value of 124 billion dirhams ($33.8 billion) based on its final offering price, which was set at 2.48 dirhams per share.

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