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
