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DEWA wins two global governance awards from Cambridge IFA in the UK · DEWA Podcasts

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  Welcome to Corporate Excellence Today. I'm here
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  with my colleague to discuss a remarkable achievement
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  in the utility sector. Dubai Electricity and
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  Water Authority, known as DIWA, has just secured
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  two prestigious international awards from Cambridge
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  IFA in the United Kingdom. That's absolutely
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  remarkable news. These awards, the Best Corporate
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  Governance Framework Award 2026 and the Excellence
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  in ESG and Sustainability Award 2026, really
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  reaffirmed Diwa's global leadership position
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  in both corporate governance and sustainability
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  practices. The ceremony took place at Al -Shira,
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  which is Diwa's impressive new headquarters.
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  The managing director and CEO received these
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  awards alongside key executives, including the
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  executive vice president of business development
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  and excellence and the vice president of governance
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  and compliance. What I find particularly compelling
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  is how Diwa's leadership articulated their strategic
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  approach. The MD and CEO made a comprehensive
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  statement about their governance philosophy.
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  He said, in line with the vision and directives
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  of His Highness Sheikh Mohammed bin Rashid Al
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  Maktoum, Vice President and Prime Minister of
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  the UAE and ruler of Dubai, we adopt an integrated
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  organizational framework across all our activities
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  and operations that enhances efficiency, boosts
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  productivity, and fosters creativity and innovation.
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  That's a powerful foundation. He continued by
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  explaining how Effective governance practices
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  have enabled Diwa to achieve globally competitive
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  results, making it a benchmark for utilities
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  worldwide. Winning these prestigious international
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  awards reflects our unwavering commitment to
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  governance excellence, sustainability leadership,
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  and continuous innovation. The CEO also emphasized
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  the fundamental importance of governance principles.
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  He stated, We believe that good governance and
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  sustainable business practices are fundamental
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  to long -term success. strengthening stakeholder
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  confidence, and creating sustainable value. As
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  we continue to explore new opportunities across
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  the region, robust governance and sustainability
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  frameworks remain key differentiators that reinforce
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  investor confidence, enhance our global competitiveness,
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  and enable us to deliver long -term value for
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  all stakeholders. What's particularly noteworthy
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  is how Diwa has structured their governance model.
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  The CEO noted that their governance framework
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  is built on four core pillars, trust, accountability,
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  transparency, and fair practices. These pillars
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  form the foundation of what he described as a
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  sustainable corporate culture that supports growth,
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  innovation, and excellence while strengthening
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  stakeholder confidence. The executive vice president
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  of business development and excellence provided
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  additional insight into their international standards
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  approach. He explained, Diwa is committed to
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  implementing international best practices in
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  governance through an integrated corporate governance
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  framework that covers all its activities and
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  operations. We are guided by the Organization
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  for Economic Cooperation and Development guidelines
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  on corporate governance, the World Bank's governance
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  guidance, as well as other internationally recognized
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  standards. This achievement reflects Diwa's holistic
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  institutional approach to advancing sustainability,
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  innovation, and corporate responsibility across
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  all its operations. The Vice President of Governance
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  and Compliance added valuable perspective on
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  the effectiveness of their systems. He said,
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  These awards reflect the maturity and effectiveness
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  of Diwa's integrated governance framework, which
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  aligns with leading international standards and
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  global best practices. By fostering a culture
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  of continuous improvement, transparency, and
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  responsible leadership, Diwa has successfully
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  embedded governance and sustainability principles
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  into its strategic planning and day -to -day
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  operations, supporting its institutional objectives
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  and strengthening its long -term sustainable
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  value. What makes this achievement particularly
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  significant is that these Cambridge IFA Awards
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  represent another major milestone in Diwa's ongoing
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  journey towards governance excellence and sustainability
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  leadership. They further reinforce Diwa's position
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  as one of the world's leading utility organizations
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  and demonstrate their role as a trusted partner
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  for investors, stakeholders, and the communities
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  they serve. This recognition from Cambridge IFA,
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  a respected international institution, validates
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  Diwa's comprehensive approach to corporate governance
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  and sustainability. It shows how organizations
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  can successfully integrate governance principles
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  with operational excellence to achieve world
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  -class results in the utility sector. Indeed,
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  Diwa's success provides a compelling case study
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  for other organizations looking to enhance their
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  governance frameworks and sustainability practices
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  while maintaining operational excellence and
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  stakeholder confidence in today's increasingly
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  complex business environment. Thank you for joining
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  us for this discussion of Diwa's outstanding
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  achievement. This has been Corporate Excellence
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  Today.