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Reading: UAE Cabinet Approves AED 292.5 Billion Federal Budget for 2027 to 2029
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BusinessEXPATSLifestyleNEWSUAE EXPATS

UAE Cabinet Approves AED 292.5 Billion Federal Budget for 2027 to 2029

Written by:
Kayenat Kalam
Last updated: October 12, 2026
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Social development and pensions take the largest share of the AED 90.1 billion budget for 2027.

Contents
  • UAE Federal Budget 2027 Sector Allocations
  • Sheikh Mohammed bin Rashid and Sheikh Maktoum bin Mohammed on the UAE Budget

The UAE Cabinet has approved the Federal General Budget Plan for 2027 to 2029, with total expenditure of AED 292.5 billion. The approval came at a Cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

The Cabinet also approved the Federal General Budget for the 2027 fiscal year, with expenditure of AED 90.1 billion. More than one-third of that amount has been allocated to the Social Development and Pensions sector.

Spending in the new three-year cycle is 28.3 percent higher than in the previous cycle.

#مجلس_الوزراء برئاسة محمد بن راشد يعتمد الميزانية العامة للاتحاد للأعوام 2027-2029 بإجمالي 292.5 مليار درهم وبنمو قدره 28.3% مقارنة بالأعوام الثلاثة السابقة، واعتماد الميزانية العامة للاتحاد للعام 2027 بمصروفات قدرها 90.1 مليار درهم#حكومة_الإمارات pic.twitter.com/9pCmEXTLkQ

— UAEGOV (@UAEmediaoffice) October 12, 2026

UAE Federal Budget 2027 Sector Allocations

Social Development and Pensions receives the largest allocation in the 2027 budget at AED 34.6 billion, or 38.4 percent of total spending.

Government Affairs follows with AED 29.1 billion, or 32.3 percent. Federal Expenses account for AED 17.8 billion, or 19.7 percent.

Financial Assets and Financial Investments receive AED 5.6 billion, or 6.2 percent, while Infrastructure and Economic Resources are allocated AED 3 billion, or 3.4 percent.

The budget covers areas including community protection and safety, the future economy, education, employment, health and quality of life, international relations, industry, technology, energy, infrastructure, culture, media and sports.

Mohammed bin Rashid: Today, we approved the UAE Federal Government’s general budget for 2027 to 2029, with total expenditure of AED 292.5 billion, up 28.3% compared with the previous 3 years. We also approved the 2027 budget, with total expenditure of AED 90.1 billion. Our… pic.twitter.com/0vkaH0AljA

— Dubai Media Office (@DXBMediaOffice) October 12, 2026

Sheikh Mohammed bin Rashid and Sheikh Maktoum bin Mohammed on the UAE Budget

Sheikh Mohammed bin Rashid said the government’s priorities have not changed and remain focused on education, health, housing, social services, and the quality of life and stability of citizens. He said the country will continue to build on its achievements under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, described the Federal General Budget as a strategic instrument for investing in people, shaping the future and accelerating development.

“The UAE’s budget reflects the wise leadership’s priorities, placing quality of life at the forefront of its objectives,” he said in a statement shared by the Dubai Media Office.

UAE Cabinet approves AED292.5 bn federal budget for 2027–2029, up 28.3% on 2024–2026#WamNews https://t.co/kPpPei45YR pic.twitter.com/P3IW6gOjCP

— WAM English (@WAMNEWS_ENG) October 12, 2026

He said the budget will use artificial intelligence and smart solutions in financial planning to support the resilience of the economy and its global competitiveness, while maintaining fiscal discipline.

“Above all, our ultimate goal is to ensure that every financial investment delivers a meaningful human return, creating a lasting impact on the lives and future of generations to come,” he added.

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