UAE approves 2026 budget with estimated revenues of AED 92.4 billion

                                             Sheikh Mohammed bin Rashid Al Maktoum

UAE approves 2026 budget with estimated revenues of AED 92.4 billion

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said in a post on the X platform on Monday that the UAE has approved the federal budget for 2026, with estimated revenues of AED 92.4 billion ($25.2 billion) and similar and balanced expenditures. 

He added that the 2026 budget "is the highest since the establishment of the Union, and consolidates the federal system... and reflects our ongoing commitment to balanced development."

Today, I chaired a Cabinet meeting at Qasr Al Watan in Abu Dhabi. During the meeting, we approved the annual federal budget for 2026, with estimated revenues of AED 92.4 billion and similar and balanced expenditures. He said, "We also approved the establishment of a program to support the federal financial position and enhance it annually with allocations from the federal budget, with the aim of ensuring the financial sustainability of federal institutions."

In a post on the X platform, Sheikh Mohammed bin Rashid Al Maktoum said: "Our cumulative foreign investment outflows have reached AED 1.5 trillion, a 9 percent growth over the previous year. We are the first in the Arab world and among the top 20 international economies exporting foreign direct investment." He added: "35 international agreements and memoranda of understanding have been approved in the fields of economy and cooperation."

He also explained that UAE exports have jumped from approximately AED 470 billion to AED 950 billion, a growth rate of 103 percent from 2019 to 2024. 

In a post on the X platform, Sheikh Mohammed bin Rashid Al Maktoum said: "Our budgets are balanced, our investments are increasing, our foreign trade is accelerating, our economy is growing, and our country is in glory and prosperity, led by my brother Mohammed bin Zayed from top to top, with prosperity, stability, and a decent life for its people and all residents of this good land."