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

The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, approved the federal budget for the 2027–2029 cycle totaling Dh292.5 billion ($79.64 billion to $80 billion). The allocation represents a 28.3 percent spending growth compared to the preceding three-year period.

For fiscal year 2027, the Cabinet approved federal expenditures of Dh90.1 billion ($24.5 billion). Social development, healthcare, education, and social benefits form the largest expenditure share, receiving Dh34.6 billion, or 38.4 percent of the 2027 budget. Additionally, Dh29.1 billion (32.3 percent) was allocated to government affairs, Dh17.8 billion (19.7 percent) to federal expenses, Dh5.6 billion (6.2 percent) to financial assets and investments, and Dh3 billion (3.4 percent) to infrastructure and economic resources.

The UAE Government Media Office stated that key focus areas include community protection, the future economy, future-oriented education, employment, health, international relations, industry, technology, energy, culture, media, and sports.

Economic data cited from the Federal Competitiveness and Statistics Centre showed that the UAE economy expanded 0.4 percent annually to Dh961.9 billion in the first half of 2026, with the non-oil sector contributing 79.2 percent to gross domestic product.