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Hi Dubai
16-07-2025
- Business
- Hi Dubai
DEWA Honoured with 3G Digital Transformation Award for Excellence in Internal Audit Innovation
Dubai Electricity and Water Authority (DEWA) has received the prestigious '3G Championship Award for Digital Transformation 2025' in recognition of the innovative advancements made by its Internal Audit Department. The award was presented as part of the Global Good Governance (3G) Awards , organised by UK-based financial advisory firm Cambridge IFA, and announced during the ceremony's 10th annual edition held in Brunei Darussalam. This international accolade comes after a comprehensive evaluation by Cambridge IFA, which verified DEWA's adherence to global standards of governance and its significant progress in digital transformation. DEWA's Internal Audit Department stood out for its implementation of advanced analytics and AI-driven tools, enhancing the transparency, efficiency, and effectiveness of auditing processes. Saeed Mohammed Al Tayer, MD and CEO of DEWA, received the award at the authority's headquarters, accompanied by Ahmed Hassan Mohammad Noor, Vice President of Internal Audit, and the department's team. 'The award reflects our commitment to the highest standards of transparency, integrity and institutional governance… Adopting innovation across DEWA's areas of work has consolidated its position as one of the best utilities worldwide,' said Al Tayer. The Global Good Governance Awards, managed by Cambridge IFA, recognise government bodies, private organisations, and NGOs that prioritise governance, sustainability, and ethical leadership. DEWA's win highlights its forward-thinking approach to auditing and its broader efforts to embed digital transformation across its operations. With this recognition, DEWA reinforces its global standing as a utility leader that not only provides essential services but also sets benchmarks in governance, digital innovation, and responsible management practices. News Source: Emirates News Agency
TECHx
15-07-2025
- Business
- TECHx
DEWA Wins 3G Award for Digital Transformation 2025
Home » Smart Sectors » DEWA Wins 3G Award for Digital Transformation 2025 Dubai Electricity and Water Authority (DEWA) has announced that it won the '3G Championship Award for Digital Transformation 2025'. The award recognises the achievements of DEWA's Internal Audit Department. The accolade was revealed during the 10th annual Global Good Governance (3G) Awards ceremony held in Brunei Darussalam. The event was organised by UK-based financial services firm Cambridge IFA. Cambridge IFA conducted a detailed auditing process before selecting DEWA. The authority was found to meet the highest international standards in governance and digital transformation. Saeed Mohammed Al Tayer, MD and CEO of DEWA, received the award at DEWA's head office. He was joined by Ahmed Hassan Mohammad Noor, Vice President – Internal Audit, and members of the department. Al Tayer stated that the award reflects DEWA's commitment to transparency, integrity, and institutional governance. He added that the Internal Audit team uses advanced analytics and AI tools to improve audit efficiency. DEWA was praised for its use of innovation across all operations. The award reinforces DEWA's status as a global leader in utilities and governance. The 3G Awards, supervised by Cambridge IFA, honour organisations that prioritise governance and sustainability.
Hi Dubai
02-04-2025
- Business
- Hi Dubai
DEWA's Internal Audit Earns Top Recognition for Global Standards Compliance
Dubai Electricity and Water Authority's (DEWA) Internal Audit Department has achieved the prestigious 'Generally Conforms' rating from the UAE chapter of the Internal Auditors Association (IAA). This is the highest level of conformance to the International Standards for the Professional Practice of Internal Auditing set by the Institute of Internal Auditors (IIA). The recognition underscores DEWA's unwavering commitment to global best practices in governance, risk management, and internal control processes. By adhering to these standards, DEWA enhances confidence in its operations and reinforces its strategic objectives. Saeed Mohammed Al Tayer, MD & CEO of DEWA, received the certification at the authority's headquarters, accompanied by Ahmed Hassan Mohammad Noor, Acting Vice President of Internal Audit, and the internal audit team. 'We align with the vision of our wise leadership to drive sustainable excellence in all operations. Our internal audit methodologies leverage advanced analytics and AI-driven tools to strengthen auditing processes. This rating affirms our dedication to transparency, integrity, and world-class governance, furthering DEWA's vision of being a globally leading sustainable innovative corporation committed to net-zero by 2050,' said Al Tayer. Ahmed Noor emphasized DEWA's commitment to adopting cutting-edge AI and data analytics in auditing, ensuring rigorous compliance with local and international standards. 'With strong leadership support, we execute comprehensive audit procedures with integrity and efficiency, fostering stakeholder confidence,' he stated. DEWA adheres to key global governance frameworks, including ISO 37000 and BS 13500, while aligning with the Security and Commodities Authority (SCA) and Dubai Financial Market (DFM) regulations. The authority continuously benchmarks its internal audit functions against leading international practices, solidifying its position as a governance and management excellence leader. News Source: Emirates News Agency
Zawya
28-03-2025
- Business
- Zawya
DEWA receives highest rating from UAE Internal Auditors Association for conformance to international standards
Dubai, UAE: The Internal Audit Department of Dubai Electricity and Water Authority (DEWA) has received a 'Generally Conforms' rating in a review conducted by the UAE chapter of the Internal Auditors Association (IAA). This is the highest rating for conformance to IIA's international standards for the professional practice of internal auditing. This recognition reflects DEWA's adherence to globally recognised internal audit standards and guidelines, as well as its commitment to best practice in governance, risk management and control processes, thereby enhancing confidence in its operational processes and contributing to the achievement of its strategic objectives. HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, received the certificate at DEWA's head office. Ahmed Hassan Mohammad Noor, Acting Vice President of Internal Audit, and DEWA's internal audit team were present. 'We work in line with the vision and directives of the wise leadership to ensure the sustainability of excellence across all our operations. This is achieved by developing internal audit methodologies and adopting advanced analysis tools and AI technologies to further enhance the efficiency of auditing processes and consolidate DEWA's position as a global role model in good governance and effective management. Receiving the 'Generally Conforms' rating in the review conducted by the UAE Internal Auditors Association reflects our commitment to the highest standards of transparency, integrity and institutional governance. Internal auditing is pivotal to supporting DEWA's vision as a globally leading sustainable innovative corporation committed to achieving net zero by 2050,' said Al Tayer. Ahmed Noor said:"With the support and guidance of DEWA's top management, the Internal Audit Department adopts the latest data analysis and AI technologies in auditing processes, in accordance with the highest local and global standards. We are further committed to implementing comprehensive audit procedures and delivering results with integrity and efficiency to enhance the confidence of all stakeholders." DEWA follows the guidance and requirements of the ISO 37000 guide on Governance of Organisations, the BS 13500 guide on Effective Governance Management Systems, the Security and Commodity Authority (SCA) and the Dubai Financial Market (DFM). DEWA also benchmarks its activities with leading international companies and industry best practice.
