Overview
- A DFSA survey of 661 DIFC-licensed firms found 52% are using AI effectively in 2025, up from 33% in 2024, with generative AI adoption rising more than 166% year over year on an 88% response rate.
- The regulator stressed governance, regulatory oversight, ethical data use and risk management, and said it will develop guidance and frameworks to support responsible AI adoption.
- DEWA reported January–September revenue of AED 24.9 billion (+5.9%) and net profit of AED 6.8 billion (+24.8%), together with EBITDA of AED 13.1 billion, operating profit of AED 8.3 billion, and operating cash flow of AED 15.2 billion.
- DEWA invested over AED 7.8 billion in capital projects and paid a AED 3.1 billion dividend on October 29, as electricity generation and peak demand, as well as desalinated water demand, all rose in the third quarter.
- TAQA posted group revenue of AED 42.7 billion, EBITDA of AED 16 billion (down 5.2%), and net income of AED 6.1 billion (down 3.8%), increased capex 47% to AED 8.9 billion, secured new financing, approved a Q3 cash dividend, and advanced deals including the GS Inima acquisition, $4 billion Saudi plant financing, the Transmission Investment addition, and a 24-year PPA for a 1 GW Al Dhafra plant to serve growing AI and digital power needs.