1.The Dubai Electricity and Water Authority (DEWA) has re-tendered the controversial Hassyan desalination project that attracted an industry record-low bid of $0.28 per cubic metre of water in 2021, but then collapsed earlier this year after struggling to attract financial support. 2.Meanwhile, DEWA announced an AED3.3 billion ($900 million) net profit for the first half of 2022, on revenues of AED12.08 billion ($3.3 billion). Profit and revenue were up 33% and 15% respectively compared to the same time last year, as demand in the emirate rebounded as the worst effects of the pandemic waned. 3.In neighbouring Abu Dhabi, utility umbrella body Taqa saw its net income and revenue for the first half rise 50% and 15% year-on-year, respectively, to AED 4.3 billion ($1.2 billion) and AED25.4 billion ($6.9 billion), driven by increased income from the group's international oil and gas holdings.
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