The Dubai government has created a regulatory body for the utilities sector and will soon put a framework in place that could pave the way for the private sector to enter the business, according to a local media report.
The Dubai Executive Council has created a regulatory authority under the Higher Committee for Energy and Environment, Saeed Mohammad Al Tayer, CEO of the Dubai Electricity and Water Authority told Gulf News.
"The regulator will set up a legislative and monitoring agency that will create a healthy environment to encourage private-public sector partnerships," Al Tayer said.
"It is going to be an independent body and will control and license the establishments related to the power and water sector," he added.
So far, the emirate's utility sector has been fully under the control of the government.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.