Dubai's daily electricity load peaked to 9,074 MW this year, compared to 8,516 MW in 2019.
That's according to Dubai Electricity and Water Authority (DEWA), which added that the 6.6 per cent year-on-year increase is the highest since 2012.
"This increase in the peak load is a testimony to the boost of social and economic activities in Dubai. DEWA has an installed capacity of 11,700MW of electricity and 470 MIG of water per day," explained Saeed Mohammed Al Tayer, MD & CEO of DEWA.
Meanwhile, DEWA reduced losses in electricity transmission and distribution networks to 3.2 per cent, compared to 6-7 per cent recorded in Europe and the US.
This comes as water network losses decreased to 6.6 per cent, compared to 15 per cent in North America.
Al Tayer highlighted that DEWA achieved a new world record in electricity Customer Minutes Lost (CML) per year. DEWA recorded 1.86 minutes, in Dubai, compared to around 15 minutes recorded by leading electricity companies in the European Union.
Dubai's Roads and Transport Authority (RTA) has collected AED 4.42 billion in digital revenue in 2024, marking a 16 per cent growth compared to the previous year.
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, held talks with President of Global Markets at PayPal, Suzan Kereere, to collaborate within the dynamic digital payments landscape.
In a call with UAE's President, Lebanon's President Joseph Aoun expressed his gratitude for the decision to lift the travel ban on Emirati citizens travelling to Lebanon.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed ways to strengthen cooperation across various fields during talks with Emir of Qatar Sheikh Tamim bin Hamad Al Thani in Abu Dhabi.