Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

UAE Launches Federal Budget Yearbook 2026

UAE Launches Federal Budget Yearbook 2026

Post by : Shakul

The UAE Ministry of Finance has launched the Federal Budget Yearbook 2026 under the theme “Investing in People, Securing the Future,” presenting a comprehensive overview of the country’s federal budget strategy and financial priorities. The publication highlights how government spending and fiscal planning are aligned with national development goals and long-term economic sustainability.

According to the Ministry, the UAE’s 2026 federal budget is balanced at AED92.4 billion in both revenues and expenditures, marking the second consecutive year of fiscal balance. The figure represents a 29 percent increase compared with the AED71.5 billion budget recorded in 2025, reflecting the strength and resilience of the country’s economy.

The yearbook outlines how federal spending will focus on sectors that directly influence the quality of life and long-term national development. The public services sector receives AED30.8 billion, while education is allocated AED16.9 billion, reinforcing the UAE’s continued focus on developing human capital and strengthening national capabilities.

Healthcare also remains a key priority, with AED5.7 billion allocated to the sector to improve medical services and enhance public wellbeing. Meanwhile, AED3.7 billion has been assigned to housing initiatives aimed at strengthening family stability and social cohesion. The government also earmarked AED1.4 billion for economic affairs, supporting business development and broader economic growth activities.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Finance, said the 2026 budget reflects the leadership’s vision of building a sustainable future by prioritising investments that enhance quality of life and strengthen long-term financial stability. He emphasised that the government continues to direct resources efficiently toward sectors that have the greatest impact on society.

The yearbook also highlights the government’s evolving approach to financial planning, including greater integration of artificial intelligence and digital tools in budget management. These technologies are expected to improve decision-making, increase transparency and enhance efficiency in public spending.

Officials say the publication aims to make federal budget information more accessible by presenting financial data alongside the developmental outcomes achieved through government spending. This approach shifts the focus from simply presenting figures to demonstrating the real impact of government policies on society.

The report aligns with the UAE’s long-term national strategies, including UAE Centennial 2071, which seeks to position the country among the world’s leading economies through innovation, sustainability and investment in people.

By combining fiscal balance, digital transformation and people-focused spending priorities, the Federal Budget Yearbook 2026 underscores the UAE’s commitment to maintaining economic resilience while supporting sustainable growth and national development.

March 14, 2026 1:19 p.m. 217

#world news #Global News #Business News #UAE

Increasing Pressure on Peru as Election Count Delays Unfold
April 18, 2026 6:12 p.m.
Peru's election officials face mounting pressure over delayed vote counts, casting doubt on the upcoming presidential runoff.
Read More
Trump Applauds Iran for Reopening Vital Strait of Hormuz
April 18, 2026 6:07 p.m.
Donald Trump expressed gratitude to Iran for reopening the Strait of Hormuz, leading to a significant dip in oil prices and positive market reactions.
Read More
Defense Claims Media Coverage Distorts Fairness in Kirk Trial
April 18, 2026 6:04 p.m.
Defense argues courtroom cameras may bias jurors in the Charlie Kirk murder trial, raising concerns about fairness.
Read More
US Transfers First Migrants to Democratic Republic of Congo
April 18, 2026 5:57 p.m.
Fifteen migrants arrive in DR Congo from the US under a new deal, raising human rights concerns about their legal status and safety.
Read More
HDFC Bank's Q4 Report: Profits Climb 8% Fueled by Robust Loan Demand
April 18, 2026 5:57 p.m.
HDFC Bank's Q4 profit climbs 8% to ₹20,350 crore, boosted by robust loan growth and stable income despite rising expenses.
Read More
Oklahoma City Thunder Targets Consecutive NBA Championships Following Stellar Season
April 18, 2026 5:53 p.m.
The Thunder pursue consecutive NBA titles, fueled by Shai Gilgeous-Alexander's leadership and a robust team dynamic.
Read More
US and Canadian Stocks Soar as Oil Prices Plummet Following Hormuz Reopening
April 18, 2026 5:51 p.m.
Stocks in North America surged while oil prices dropped sharply after the reopening of the Strait of Hormuz, alleviating supply disruption fears.
Read More
Pakistan Advocates for Renewed US-Iran Dialogue Following Diplomatic Visits
April 18, 2026 5:50 p.m.
Increased diplomatic efforts by Pakistan aim to facilitate US-Iran talks, as PM Sharif and Army Chief Munir return from key visits.
Read More
Shah Rukh Khan's Temporary Move: A Testament to His Humility
April 18, 2026 5:46 p.m.
As Mannat undergoes renovations, SRK's landlord celebrates the star's humility during his temporary apartment stay.
Read More