Dubai – Mubasher: Moody's Ratings has upgraded the long-term issuer rating of Dubai Electricity and Water Authority (DEWA) from 'Baa2' to 'A3', with stable outlook. Moody's attributed the rating to DEWA's dominant market position in Dubai's power and water sectors, in addition to its strong asset base, according to a press release. The rating agency also highlighted the company's strong credit metrics and solid liquidity profile.