UAE Approves 80B Dollar Budget

The UAE Cabinet, headed by Sheikh Mohammed bin Rashid Al Maktoum, approved the federal budget for the 2027-2029 period, totaling 292.5 billion dirhams, representing a 28.3% increase compared to the previous period. Of this, 90.1 billion dirhams are allocated for the 2027 fiscal year. The budget focuses on developing the sectors of education, healthcare, social services, and infrastructure, with resources directed toward enhancing the quality of life for citizens, balancing current development with future investments. This approach aims to support the UAE’s position as a progressive nation with a strong, knowledge-based, and innovative economy.

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