UAE Approves $80B Federal Budget

The UAE government, headed by Sheikh Mohammed bin Rashid Al Maktoum, has approved the general budget for 2027-2029, totaling 292.5 billion dirhams, representing a 28.3% increase compared to the previous period. The 2027 budget allocates estimated expenditures of 90.1 billion dirhams, with a focus on developing the education, health, and social services sectors, and enhancing the quality of life for citizens and family stability. The policies emphasize supporting the national economy, diversifying sources of growth, and achieving sustainable development through investments in infrastructure and technology, aiming to elevate the UAE’s position among the most advanced and prosperous countries.

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