Al Tayer has led DEWA since its founding in 1992. Dubai’s sole electricity and water provider serves more than 1.34 million customers and reported $1.8 billion in revenues in Q1 2026. During the quarter, DEWA commissioned Block A of the Hassyan Sea Water Reverse Osmosis plant, adding 60 million imperial gallons per day to its desalination capacity. It also increased its stake in Emirates Central Cooling Systems Corporation (Empower) from 56% to 80% through a $1.4 billion deal. Al Tayer is also the founder and chairman of Empower, chairman of Dragon Oil Company, DubaL Holding, and Emirates National Oil Company (ENOC).