Abu Dhabi, United Arab Emirates – Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the Cabinet meeting at Al Watan Palace in Abu Dhabi.
The Federation’s annual budget for 2026 was approved with estimated revenues of 92.4 billion dirhams and similar and balanced expenses.
He stressed that the Union’s budget for the year 2026 is the highest since the establishment of the Union, consolidates the federal system, and through it we reflect our continued commitment to balanced development.
His Highness wrote on his official account on the “X” platform: “Today I chaired the Cabinet meeting at Al Watan Palace in Abu Dhabi.. During it, we approved the Union’s annual budget for the year 2026, with estimated revenues amounting to 92.4 billion dirhams and similar and balanced expenses.
He added: “The union’s budget for 2026 is the highest since the union’s inception.. A budget that consolidates the federal system. Through it, we reflect our continued commitment to balanced development.
The Ruler of Dubai also approved the establishment of a program to support the federal financial center and strengthen it annually with allocations from the federal budget.
This is with the aim of ensuring the financial sustainability of federal state institutions.
Today, he also reviewed the results of implementing the National Agenda for Direct Investment Outside the Country for the year 2024.
The UAE’s cumulative balance of foreign investment issued amounted to one trillion and fifty million dirhams. With a growth of 9% over the previous year.
On Monday, the Ruler of Dubai also adopted 35 international agreements and memorandums in the fields of economy and cooperation.
The Ruler of Dubai concluded his post with: “Our budgets are balanced.. Our investments are increasing. Our foreign trade is accelerating. Our economy is growing. Our country is in glory and elevation, led by my brother Mohammed bin Zayed from summit to summit, in prosperity, stability and a decent life for its people and for all residents of its good land.
