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The Board of Directors of Dubai Electricity and Water Authority PJSC (DEWA) has made several appointments. H.E. Majid Hamad Rahma Al Shamsi is appointed as the Chairman of the Board, and H.E. Saeed Mohammed Al Tayer as the Vice Chairman. Mr. Saeed Mohammed Al Sharid is appointed as the Chairman of the Audit & Risk Committee, with members H.E. Essa Mohammed Khalifa Ghanim Almutaiwei and Mr. Mohammed Gomaa Saif Al Suwaidi. Mr. Hilal Khalfan Bin Dhaher is appointed as the Chairman of the ESG, Nomination, and Remuneration Committee, with members Dr. Hamad Mubarak Mohammed Buamim and Dr. Moza Sweidan. H.E. Marwan Ahmed Ali Bin Ghalita AlMheiri is appointed as the Chairman of the Budget Committee, with members Dr. Saeed Mubarak Khalfan Kharbash Almarri and Mr. Rashed Ali Ahmed Bin Obood AlFalasi. Ahmed Talaat is appointed as the Board Secretary. The Board also reviewed general business matters.
Dubai Investments PJSC is inviting its shareholders to attend the 29th Annual General Assembly Meeting on April 16, 2025, at their office in Dubai and via electronic attendance. The agenda includes approving various reports and financial statements for 2024, considering a cash dividend distribution of 18%, and approving remuneration and discharge of liabilities for the Board and auditors. Shareholders will also vote on policies related to dividends, board remuneration, and corporate social responsibility. A special resolution will authorize the Board to approve voluntary contributions not exceeding 0.5% of net profits for 2025. Shareholders can register and vote electronically, and proxy appointments are allowed under certain conditions. The meeting requires at least 50% shareholder attendance for validity, with a second meeting scheduled if necessary.