# DEWA says digital guarantee system cuts processing time by 95%

> The utility says its system handles about 2,500 guarantees a year, while reliance on physical guarantees has fallen 74%.

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- Publisher: Newsverum
- Section: Business
- Country: United Arab Emirates
- Published: 2026-10-07T12:59:35+00:00
- Updated: 2026-10-07T12:59:35+00:00
- Event / data period: 2026-10-03
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Dubai Electricity and Water Authority (DEWA) said on October 3 that its Smart Bank Guarantee System has cut transaction turnaround time by 95% and reduced reliance on physical bank guarantees by 74%. The system manages the guarantee lifecycle through digital processing, verification and tracking.

DEWA said the platform processes approximately 2,500 guarantees annually, with a total value of around AED1 billion. The authority described the changes as system performance results; its announcement did not specify the measurement period or provide a comparison baseline for the two percentage reductions.

## Data

### DEWA bank guarantee system results

Annual transaction volume and performance changes reported by DEWA on 3 October 2026.

Methodology: Values are taken from DEWA’s statement as reported by WAM; the source’s approximate qualifiers are retained.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Bank guarantees processed annually | 2500 | bank guarantees per year | 2026-10-03 | observed | approximate |
| Annual value of guarantees processed | 1000000000 | AED | 2026-10-03 | observed | approximate |
| Transaction turnaround time reduction | 95 | percent | 2026-10-03 | observed |  |
| Reduction in reliance on physical guarantees | 74 | percent | 2026-10-03 | observed |  |

Sources: <https://www.wam.ae/en/article/17gemro-dewa%E2%80%99s-smart-bank-guarantee-system-reduces> · Download data: [JSON](https://newsverum.com/api/v1/articles/dewa-digital-bank-guarantees-cut-turnaround-time-95-percent/data/dewa-bank-guarantee-system-results?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/dewa-digital-bank-guarantees-cut-turnaround-time-95-percent/data/dewa-bank-guarantee-system-results?lang=en&format=csv)

## Sources

- [Emirates News Agency (WAM)](<https://www.wam.ae/en/article/17gemro-dewa%E2%80%99s-smart-bank-guarantee-system-reduces>) (Source checked: 2026-10-07; Published: 2026-10-03)

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