How Dewa IPO paves the way for more energy listings in the Gulf – The National

How Dewa IPO paves the way for more energy listings in the Gulf – The National

Until recently, it was one of the Gulf region's paradoxes that domestic equity investors had little access to its colossal oil and gas resources.

At the same time, a decade of dismal underperformance by international energy companies has finally been succeeded by a good year and a bit.

Dubai Electricity and Water Company (Dewa) will be the latest local company to capitalise on a positive trend.