VP approves Dhs26.417b Dewa budget, stresses innovative plans
DUBAI: Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum has approved Dubai Electricity & Water Authority’s (DEWA) total budget of Dhs26.417 billion for 2018, compared to Dhs24.358 billion in 2017.
As per the directives of Sheikh Mohammed, the 2018 budget incorporates investments in conventional and non-conventional energy sources, advanced technologies and innovative projects to make Dubai a smart, sustainable and innovative city, and consolidate its position as a global model for the green economy.
Sheikh Mohammed highlighted the importance of innovation in the energy sector as a key driver for development as well as inspiring youth to participate in building the future of the UAE and accelerating the implementation of smart solutions that enhance the development of the UAE. MORE: B1-2