Fewa changes into private company to up efficiency

  • Date: 08-Feb-2021
  • Source: Gulf Today
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Fewa changes into private company to up efficiency

Ameer Al Sunni, Staff Reporter The Federal Electricity and Water Authority (Fewa) has announced it has changed into Al Etihad (Union) Electricity and Water Company as part of a forward-looking project aimed at improving efficiency. Fewa clarified on its website that changing the authority into a company is a step aimed at raising its efficiency and upgrading its services, noting that the company would continue to keep pace with the increasing demand with a view to providing the best services to customers. Earlier, Suhail Al Mazrouei, Minister of Energy and Infrastructure, confirmed that converting Fewa into a private company is a forward-looking outlook in the UAE aimed at raising efficiency. He pointed out that the federal authority was able over the previous years to achieve financial sustainability that would enable it to have a commercial future aimed not at making profits but at benefiting citizens and enhancing the efficiency of services, not profit. Last year, Fewa won three awards in the international business awards "THE STEVIES" in its 17th edition 2020, as it was announced on the award's official website. High-achieving organisations and executives around the world have been recognised as Gold, Silver, and Bronze Stevie Award winners in the