Dubai Electricity and Water Authority has appointed a group of companies to provide consultancy services on its seawater reverse osmosis plant in Hassyan.
Selected consultants on the desalination plant include Deloitte, WSP and Addleshaw Goddard, Dewa said on Sunday. The project will become operational in phases in 2025 and 2026, it said.
“We are building production plants based on reverse osmosis (RO) which requires less energy than that multi-stage flash distillation (MSF) based plants, making it a more sustainable choice for water desalination,” Saeed Al Tayer, Dewa's chief executive and managing director, said.
The authority is using clean solar energy to desalinate seawater using the latest RO technologies, he said.
The Hassyan plant, which will have a capacity of 120 million imperial gallons per day, is Dewa's first project to be built under the independent water producer (IWP) model.
Dubai's strategy is for 100 per cent of its desalinated water production in 2030 to come from a mix of clean energy that combines renewable energy sources and waste heat.
In addition, increasing the operational efficiency of separating the desalination process from electricity production will save about Dh13 billion until 2030, while reducing 44 million tonnes of carbon emissions, it said.
Advisory services provided by the companies on the Hassyan plant include tender document preparation, soliciting development and investment market interest as well as financial model development, Dewa said.
The consultancies will also undertake IWP developer tender submission management and evaluation, development of supplemental agreements, commercial negotiation, concluding a water purchase agreement and financial closure with the developer, the authority said.
The scope includes preparing a project marketing plan, participating in marketing activities and local and international roadshows, Dewa said.
The utility company made its debut on the Dubai Financial Market in April this year.
The listing of the Dubai utility was the largest in Europe and the Middle East since Saudi Aramco’s debut in 2019. Dewa raised Dh22.41bn ($6.1bn) from its initial public offering.
Dewa is the first of 10 state-owned companies that will eventually list on the DFM as Dubai seeks to increase the size of its financial market to Dh3 trillion.
Global state-owned investor ranking by size
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Under 19 Cricket World Cup, Asia Qualifier
Fixtures
Friday, April 12, Malaysia v UAE
Saturday, April 13, UAE v Nepal
Monday, April 15, UAE v Kuwait
Tuesday, April 16, UAE v Singapore
Thursday, April 18, UAE v Oman
UAE squad
Aryan Lakra (captain), Aaron Benjamin, Akasha Mohammed, Alishan Sharafu, Anand Kumar, Ansh Tandon, Ashwanth Valthapa, Karthik Meiyappan, Mohammed Faraazuddin, Rishab Mukherjee, Niel Lobo, Osama Hassan, Vritya Aravind, Wasi Shah
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Torque: 400Nm at 1,750-4,000rpm
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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
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Timeline
1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line
1962
250 GTO is unveiled
1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company
1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens
1976
First automatic Ferrari, the 400 Automatic, is made
1987
F40 launched
1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent
2002
The Enzo model is announced
2010
Ferrari World opens in Abu Dhabi
2011
First four-wheel drive Ferrari, the FF, is unveiled
2013
LaFerrari, the first Ferrari hybrid, arrives
2014
Fiat Chrysler announces the split of Ferrari from the parent company
2015
Ferrari launches on Wall Street
2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary
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Specs
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Power: 659hp
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1) Beware of cheques presented late on Thursday
2) Visit an RTA centre to change registration only after receiving payment
3) Be aware of people asking to test drive the car alone
4) Try not to close the sale at night
5) Don't be rushed into a sale
6) Call 901 if you see any suspicious behaviour
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Saturday, August 3 - First T20i, Amstelveen
Monday, August 5 – Second T20i, Amstelveen
Tuesday, August 6 – Third T20i, Voorburg
Thursday, August 8 – Fourth T20i, Vooryburg
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Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
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Southampton: Ings (54')
Man of the match: Theo Walcott (Everton)
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Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
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Rating: 3/5
RACE CARD
6.30pm: Handicap (TB) $68,000 (Dirt) 1,600m
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8.15pm: UAE Oaks – Group 3 (TB) $125,000 (D) 1,900m
8.50pm: Zabeel Mile – Group 2 (TB) $163,000 (T) 1,600m
9.25pm: Balanchine – Group 2 (TB) $163,000 (T) 1,800m
10pm: Al Shindagha Sprint – Group 3 (TB) $130,000 (D) 1,200m
Racecard
7pm: Abu Dhabi - Conditions (PA) Dh 80,000 (Dirt) 1,600m
7.30pm: Dubai - Maiden (TB) Dh82,500 (D) 1,400m
8pm: Sharjah - Maiden (TB) Dh82,500 (D) 1,600m
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10pm: Fujairah - Handicap (TB) Dh87,500 (D) 1,200m