Dubai Electricity & Water Authority (DEWA) – UAE – Best Practice Certification – 2026 (Smart Bank Guarantees)

DEWA digitized its entire Bank Guarantee process using the global SWIFT banking messaging system, letting suppliers submit guarantees electronically through any UAE bank straight to DEWA's advising bank, Emirates NBD, eliminating physical paperwork entirely. This shift from courier-dependent documents to encrypted, standardized digital messages cuts fraud risk while positioning DEWA as a regional pioneer in applying global financial standards to public-sector procurement. Key Achievements: Pr

BPIR Categories

11.2.1 Process accounts payable
14.3.8 Digital Transformation
15.6.11 Financial management
15.6.18 Regulatory and legal compliance