Dubai's DEWA Gains After FY Profit Up 22% From 2021

The video discusses the factors driving growth, including population increase and demand from existing households and companies. It highlights consumer trends, cost control measures amidst inflation, and the company's efficiency improvements. The focus then shifts to renewable power production, carbon credit monetization, and future expansion plans. The company aims to leverage digitalization and sustainability to support growth, aligning with Dubai's economic agenda.

What were the main factors driving growth according to the speaker?

• Population growth and increased demand from existing households and companies

• Decreased competition and market saturation

• Technological advancements and new market entries

• Government policies and international trade

What was the growth percentage in the number of accounts in power and water last year?

• 6.45%

• 5.6%

• 4.6%

• 3.5%

How did the company respond to inflationary pressures in Dubai?

• By increasing prices

• By improving efficiency and cost controls

• By reducing workforce

• By expanding into new markets

What was the reliability factor achieved by the plant?

• 100%

• 95.5%

• 97.8%

• 99.9%

What percentage of renewable power was connected to the grid in 2022?

• 16%

• 14%

• 12%

• 10%

How does the company monetize its renewable power production?

• By investing in fossil fuels

• By exporting power to neighboring countries

• Through carbon credits and certificates of origin

• By selling electricity directly to consumers

What is the expected capital expenditure for 2023?

• 5 billion

• 9 billion

• 7 billion

• 11 billion