Dubai Electricity & Water Authority (DEWA) hosted a delegation of 29 economic experts focusing on doing business activities in 15 countries in Africa, Asia, and the Middle East.
The gathering formed part of the third High-Level Doing Business Technical Deep Dive, which was organised in Dubai by the Federal Competitiveness and Statistics Authority (FCSA) and the World Bank.
The field visit showed DEWA’s experiences in improving access to electricity.
The UAE, represented by DEWA, came first worldwide in ‘Getting Electricity’ in the World Bank’s Doing Business 2020 report - the third consecutive year it has claimed top spot.
The report measures the ease of doing business in 190 economies around the world.
HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, said that the World Bank organising the Doing Business Technical Deep Dive in the United Arab Emirates shows the UAE as a leader in making it easier to do business.
“The UAE has become a global economic model and a hub for the best practices and experiences that are global benchmarks for doing business and attracting investments,” HE said.
“This is due to the co-operation between local and federal government organisations, a clear legislative and organisational environment, an advanced infrastructure, and smart services that reduce time and effort.
“We are glad to share our experiences and expertise that have contributed to the UAE, represented by DEWA, maintaining its first global ranking in all Getting Electricity indicators, with scores of 100% in the World Bank’s Doing Business 2020report, for the third consecutive year.”
Al Tayer noted that the UAE has the shortest time in the world to get electricity according to the World Bank’s report, which has set a measure of 18 days to get 100% in the time indicator for Getting Electricity.
DEWA recently reduced the time to complete the one-step process for new connections of up to 150kW for commercial and industrial customers from seven to five days.
The authority also continues to waive security deposits and new connection charges for connections of up to 150kW.