UAE Approves Dh292.5 Billion Federal Budget for 2027-2029

Key Facts

1The UAE government approved the federal budget for 2027-2029 with total estimated spending of approximately Dh292.5 billion.

The UAE government approved the federal budget for 2027-2029 with total estimated spending of approximately Dh292.5 billion. The National reported that Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announced the plan which includes a specific expenditure of Dh90.1 billion for the year 2027. The budget prioritizes education, health, housing, and social services to ensure national stability.

The approval is part of the UAE's long-term fiscal planning designed to support strategic goals and economic growth. This budget cycle emphasizes sustainability, artificial intelligence, and government efficiency. By providing clear multi-year fiscal guidance, the government aims to maintain investor confidence and support the country's broader economic trajectory through 2029.