The UAE Cabinet has approved a AED292.5 billion federal budget covering 2027 to 2029, with total expenditure up 28.3 per cent compared with the previous three-year period.
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the approval and confirmed that the Cabinet had also signed off on the standalone 2027 federal budget, which carries expenditure of AED90.1 billion. “Our priorities remain constant and unchanged: education, healthcare, housing, social services, and the quality of life and stability of our citizens,” he said.
Within the 2027 budget, social development and pensions account for the single largest category at AED34.6 billion, or 38.4 per cent of total spending. Government affairs follows at AED29.1 billion, or 32.3 per cent, with federal expenditure allocated AED17.8 billion, or 19.7 per cent. Financial assets and investments receive AED5.6 billion, or 6.2 per cent, while infrastructure and economic resources are allocated AED3 billion, or 3.4 per cent.
