In a landmark move that underscores the UAE’s vision for sustainable prosperity, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, chaired the UAE Cabinet meeting, approving the record-breaking Dh92.4 billion federal budget for 2026. This historic decision reinforces the nation’s financial strength, policy stability, and commitment to innovation, sustainability, investment, and trade, setting the tone for a transformative new phase of national development.
Sheikh Mohammed emphasized that the UAE continues to lead with a forward-thinking approach, combining fiscal prudence with ambitious national goals. The 2026 budget represents more than numbers — it is a blueprint for a diversified, innovation-driven economy, designed to ensure robust growth across all sectors. The allocation focuses on key priorities including education, healthcare, renewable energy, advanced technology, and infrastructure development, reflecting the government’s dedication to enhancing citizens’ welfare while empowering the private sector and entrepreneurs to thrive in a globally competitive environment.
The Cabinet’s discussions also highlighted initiatives aimed at expanding international partnerships, strengthening trade networks, and accelerating the UAE’s transition toward a green, knowledge-based economy. With strategic allocations directed toward environmental sustainability and climate initiatives, the 2026 budget aligns with the UAE’s Net Zero 2050 commitment and its leadership role in global climate action post-COP28.
Sheikh Mohammed reaffirmed that economic diversification remains the cornerstone of the UAE’s progress, with the federal budget serving as a powerful enabler for investment in artificial intelligence, advanced industries, and digital transformation. The budget also enhances support for federal entities and service sectors, ensuring operational excellence and a world-class standard of public governance.
The meeting reflected the UAE’s core philosophy — sustainability through strength, innovation through vision, and growth through unity. Sheikh Mohammed concluded by emphasizing that the UAE’s development journey is powered by its people, guided by visionary leadership, and defined by an unshakable commitment to creating opportunities for future generations.
With the Dh92.4 billion 2026 budget, the UAE once again reaffirms its position as a global model for resilience, innovation, and sustainable governance, driving forward with confidence, purpose, and prosperity. 🌟🇦🇪