Overview
An opportunity to subscribe to the DEWA Initial Public Offering (IPO). As Dubai’s exclusive provider of electricity and water, DEWA is a key part of Dubai’s economic growth story and is at the heart of the emirate’s energy transition.
A few facts about DEWA:
- DEWA provides electricity and water exclusively to Dubai’s 3.5 million residents and the millions of people who visit every year
- DEWA is a globally leading fully integrated utilities company, with the generation capacity of 13.4 gigawatts of electricity as well as 490 million imperial gallons of desalinated water each day
- DEWA is leading Dubai’s energy transition to net zero by 2050 and is focused on enabling a clean future for its customers and communities
- DEWA has state-of-the-art infrastructure including the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, with a planned capacity of 5,000MW by 2030
- DEWA has committed to generating 100% of its total power capacity from clean energy sources by 2050. Around 11.4% of DEWA’s energy capacity currently comes from clean sources
- DEWA has a consistent track record of operational excellence and one of the lowest electricity and water line loss rates in the world
- DEWA operates a sustainable business model with strong ESG management aligned with United Nations Sustainable Development Goals
- Technological innovation is part of DEWA’s DNA and with the launch of its nanosatellite DEWA-SAT 1 in January 2022, DEWA became the world’s first utility company to use nanosatellite technology to enhance its electricity and water networks
- DEWA also has a 70% stake in Empower, the world’s largest district cooling services provider, which has a total contracted capacity of around 1.6 million refrigeration tonnes (RT)
- DEWA owns several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions
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Transfer funds instantly between your own SIB accounts and cards. Or send instant transfers to other accounts or cards in SIB.
Overview
An opportunity to subscribe to the DEWA Initial Public Offering (IPO). As Dubai’s exclusive provider of electricity and water, DEWA is a key part of Dubai’s economic growth story and is at the heart of the emirate’s energy transition.
A few facts about DEWA:
- DEWA provides electricity and water exclusively to Dubai’s 3.5 million residents and the millions of people who visit every year
- DEWA is a globally leading fully integrated utilities company, with the generation capacity of 13.4 gigawatts of electricity as well as 490 million imperial gallons of desalinated water each day
- DEWA is leading Dubai’s energy transition to net zero by 2050 and is focused on enabling a clean future for its customers and communities
- DEWA has state-of-the-art infrastructure including the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, with a planned capacity of 5,000MW by 2030
- DEWA has committed to generating 100% of its total power capacity from clean energy sources by 2050. Around 11.4% of DEWA’s energy capacity currently comes from clean sources
- DEWA has a consistent track record of operational excellence and one of the lowest electricity and water line loss rates in the world
- DEWA operates a sustainable business model with strong ESG management aligned with United Nations Sustainable Development Goals
- Technological innovation is part of DEWA’s DNA and with the launch of its nanosatellite DEWA-SAT 1 in January 2022, DEWA became the world’s first utility company to use nanosatellite technology to enhance its electricity and water networks
- DEWA also has a 70% stake in Empower, the world’s largest district cooling services provider, which has a total contracted capacity of around 1.6 million refrigeration tonnes (RT)
- DEWA owns several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions
| Warning | |||
|---|---|---|---|
| The actual time to complete a transaction may differ from estimates due to increased scrutiny of transactions by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances | Additional fees may be levied by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances. | Penalties and Fees may be applied if there is a customer error or omission in providing correct or incomplete information for remittances. | This product/service may be affected by changes in foreign currency exchange rates. |
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Send money to any SIB covered or prepaid card in any currency at zero fee and competitive exchange rates, instantly 24/7, using SIB Mobile app, Internet Banking, ATMs, or SIB Branches.
Covered card may take up to 2 working days to reflect updated balance.
Overview
An opportunity to subscribe to the DEWA Initial Public Offering (IPO). As Dubai’s exclusive provider of electricity and water, DEWA is a key part of Dubai’s economic growth story and is at the heart of the emirate’s energy transition.
A few facts about DEWA:
- DEWA provides electricity and water exclusively to Dubai’s 3.5 million residents and the millions of people who visit every year
- DEWA is a globally leading fully integrated utilities company, with the generation capacity of 13.4 gigawatts of electricity as well as 490 million imperial gallons of desalinated water each day
- DEWA is leading Dubai’s energy transition to net zero by 2050 and is focused on enabling a clean future for its customers and communities
- DEWA has state-of-the-art infrastructure including the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, with a planned capacity of 5,000MW by 2030
- DEWA has committed to generating 100% of its total power capacity from clean energy sources by 2050. Around 11.4% of DEWA’s energy capacity currently comes from clean sources
- DEWA has a consistent track record of operational excellence and one of the lowest electricity and water line loss rates in the world
- DEWA operates a sustainable business model with strong ESG management aligned with United Nations Sustainable Development Goals
- Technological innovation is part of DEWA’s DNA and with the launch of its nanosatellite DEWA-SAT 1 in January 2022, DEWA became the world’s first utility company to use nanosatellite technology to enhance its electricity and water networks
- DEWA also has a 70% stake in Empower, the world’s largest district cooling services provider, which has a total contracted capacity of around 1.6 million refrigeration tonnes (RT)
- DEWA owns several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions
Send money to a UAE Bank Account
Send money to a UAE bank account, in any currency instantly 24/7 at competitive fees and exchange rates, using SIB mobile app, Internet banking, ATMs, or via SIB branches.
Overview
An opportunity to subscribe to the DEWA Initial Public Offering (IPO). As Dubai’s exclusive provider of electricity and water, DEWA is a key part of Dubai’s economic growth story and is at the heart of the emirate’s energy transition.
A few facts about DEWA:
- DEWA provides electricity and water exclusively to Dubai’s 3.5 million residents and the millions of people who visit every year
- DEWA is a globally leading fully integrated utilities company, with the generation capacity of 13.4 gigawatts of electricity as well as 490 million imperial gallons of desalinated water each day
- DEWA is leading Dubai’s energy transition to net zero by 2050 and is focused on enabling a clean future for its customers and communities
- DEWA has state-of-the-art infrastructure including the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, with a planned capacity of 5,000MW by 2030
- DEWA has committed to generating 100% of its total power capacity from clean energy sources by 2050. Around 11.4% of DEWA’s energy capacity currently comes from clean sources
- DEWA has a consistent track record of operational excellence and one of the lowest electricity and water line loss rates in the world
- DEWA operates a sustainable business model with strong ESG management aligned with United Nations Sustainable Development Goals
- Technological innovation is part of DEWA’s DNA and with the launch of its nanosatellite DEWA-SAT 1 in January 2022, DEWA became the world’s first utility company to use nanosatellite technology to enhance its electricity and water networks
- DEWA also has a 70% stake in Empower, the world’s largest district cooling services provider, which has a total contracted capacity of around 1.6 million refrigeration tonnes (RT)
- DEWA owns several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions
Send money using Aani
Transfer money to other Aani users instantly using a mobile number or email address without bank account or IBANs.
Powered by El Etihad Payments, Aani enables seamless & secure real-time payments within the UAE. Aani enables you to transact with Aani users (individuals and businesses) of participating banks and other entities. Send or request money, scan & pay or split bills, manage requests with other Aani users of participating entities.
You can send or request money using mobile numbers, QR codes, or email addresses, without the need to exchange bank account numbers or IBANs.
Transactions are processed instantly, 24x7.
Visit www.sib.ae/aani for more
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International Fund Transfers
Overview
An opportunity to subscribe to the DEWA Initial Public Offering (IPO). As Dubai’s exclusive provider of electricity and water, DEWA is a key part of Dubai’s economic growth story and is at the heart of the emirate’s energy transition.
A few facts about DEWA:
- DEWA provides electricity and water exclusively to Dubai’s 3.5 million residents and the millions of people who visit every year
- DEWA is a globally leading fully integrated utilities company, with the generation capacity of 13.4 gigawatts of electricity as well as 490 million imperial gallons of desalinated water each day
- DEWA is leading Dubai’s energy transition to net zero by 2050 and is focused on enabling a clean future for its customers and communities
- DEWA has state-of-the-art infrastructure including the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, with a planned capacity of 5,000MW by 2030
- DEWA has committed to generating 100% of its total power capacity from clean energy sources by 2050. Around 11.4% of DEWA’s energy capacity currently comes from clean sources
- DEWA has a consistent track record of operational excellence and one of the lowest electricity and water line loss rates in the world
- DEWA operates a sustainable business model with strong ESG management aligned with United Nations Sustainable Development Goals
- Technological innovation is part of DEWA’s DNA and with the launch of its nanosatellite DEWA-SAT 1 in January 2022, DEWA became the world’s first utility company to use nanosatellite technology to enhance its electricity and water networks
- DEWA also has a 70% stake in Empower, the world’s largest district cooling services provider, which has a total contracted capacity of around 1.6 million refrigeration tonnes (RT)
- DEWA owns several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions
Send money to an International Bank
Transfer funds directly to overseas bank accounts in a wide range of currencies 24/7 at competitive exchange rates through SIB Mobile App, Internet Banking, ATMs and Branches.
International bank transfers provide a secure and convenient way to send money globally, whether for personal, family or business purposes. With access to an extensive international banking network and competitive exchange rates, you can transfer funds confidently to beneficiaries across the world.
Enjoy zero transfer fees when transferring to India, Pakistan, Egypt and Jordan making it an efficient and cost-effective way to send money to these destinations.
Overview
An opportunity to subscribe to the DEWA Initial Public Offering (IPO). As Dubai’s exclusive provider of electricity and water, DEWA is a key part of Dubai’s economic growth story and is at the heart of the emirate’s energy transition.
A few facts about DEWA:
- DEWA provides electricity and water exclusively to Dubai’s 3.5 million residents and the millions of people who visit every year
- DEWA is a globally leading fully integrated utilities company, with the generation capacity of 13.4 gigawatts of electricity as well as 490 million imperial gallons of desalinated water each day
- DEWA is leading Dubai’s energy transition to net zero by 2050 and is focused on enabling a clean future for its customers and communities
- DEWA has state-of-the-art infrastructure including the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park, with a planned capacity of 5,000MW by 2030
- DEWA has committed to generating 100% of its total power capacity from clean energy sources by 2050. Around 11.4% of DEWA’s energy capacity currently comes from clean sources
- DEWA has a consistent track record of operational excellence and one of the lowest electricity and water line loss rates in the world
- DEWA operates a sustainable business model with strong ESG management aligned with United Nations Sustainable Development Goals
- Technological innovation is part of DEWA’s DNA and with the launch of its nanosatellite DEWA-SAT 1 in January 2022, DEWA became the world’s first utility company to use nanosatellite technology to enhance its electricity and water networks
- DEWA also has a 70% stake in Empower, the world’s largest district cooling services provider, which has a total contracted capacity of around 1.6 million refrigeration tonnes (RT)
- DEWA owns several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions
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Important Information
“Correspondent banks and intermediary banks both serve as third-party banks and are used by issuing & beneficiary banks to facilitate international fund transfers. An issuing bank & beneficiary bank is the sending & receiving bank where a person or entity has an account. The following correspondent banks are utilized by SIB for remitting funds across the globe, the same correspondent banks may be used to receive funds from other banks across the globe.”
*The list of banks appended below is dynamic and can change as new relationships are formed with other international banks.

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