UAE Approves AED 292.5 Billion Federal Budget for 2027-2029

The UAE federal government has approved a AED 292.5 billion budget framework for 2027 to 2029, an increase of 8.3% compared with the previous three-year period.

The framework includes AED 90.1 billion for the 2027 fiscal year. Vice President Sheikh Mohammed bin Rashid Al Maktoum, who is also Ruler of Dubai, said the government’s spending priorities remain focused on education, health, housing, social services, quality of life and the stability of citizens.

The announcement sets out the overall size of the three-year federal budget and the allocation for its first year, although no further sector-by-sector breakdown was provided.