Dubai's state utility said on Saturday that its budget for 2013 has been marginally increased compared to last year.
Dubai Electricity and Water Authority (DEWA) said its budget was estimated at AED13.835bn ($3.76bn), up AED235m on 2012.
Saeed Mohammed Al Tayer, managing director and CEO of DEWA, said AED12.508bn would make up the utility's operating budget while AED1.206bn would be available to invest in capital projects and purchases.
Dubai's DEWA sets $3.76bn budget for 2013 - Banking & Finance - ArabianBusiness.com
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