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Largest, zero deficit budget approved

Khaleej Times

|

October 28, 2025

The budget is distributed across several key sectors, in line with the national priorities and the objectives of “We the UAE 2031” Vision.

Allocations include Dh34.6 billion for the social development and pensions sector (37 per cent of the total federal budget), Dh27.1 billion for government affairs (29 per cent), Dh15.4 billion for financial investments (17 per cent), Dh12.7 billion for federal expenses (14 per cent), and Dh2.6 billion (3 per cent) for the infrastructure and economic development sectors.

The Cabinet reviewed the outcomes of implementing National Agenda for Outbound Direct Investment 2024, which showed that the cumulative balance of outbound FDI reached Dh1.05 trillion by the end of 2024, and grew by nine per cent compared to 2023. Outbound FDI flows from the UAE to global markets totalled Dh86 billion, marking a 4.8 per cent increase from 2023.

The UAE ranked among the world’s top 20 outbound investors, ranked first in the Arab world, scoring 38.4 per cent of total Arab outbound flows, first in West Asia by 35.1 per cent of total regional flows, and first in the Middle East and North Africa region by 35 per cent of total regional flows.

MEER VERHALEN VAN Khaleej Times

Khaleej Times

Khaleej Times

Timothy Busfield released from jail before sex abuse trial

A judge on Tuesday ordered that Timothy Busfield, the actor and director, be released from jail before his trial on charges that he had sexual contact with a child actor who appeared on a television show he directed.

time to read

3 mins

January 22, 2026

Khaleej Times

Applying online may not get you hired as AI filters out CVs

For many job seekers in 2026, the search no longer feels like a fair contest.

time to read

2 mins

January 22, 2026

Khaleej Times

Khaleej Times

Geopolitical and tariff risk back for markets

As US President Donald Trump kicks off the second year of his second term in office, the geopoliticaland tariff-related volatility that characterized his return to power has resurfaced to shake markets.

time to read

3 mins

January 22, 2026

Khaleej Times

Khaleej Times

Did explosion scare at Rockstar's Edinburgh studio delay GTA 6?

Panic briefly swept through the gaming world after reports of an explosion at Rockstar North, the Edinburgh studio behind Grand Theft Auto VI, began circulating online.

time to read

1 mins

January 22, 2026

Khaleej Times

Gold breaks above $4,800 as geopolitical tensions spur safe-haven bids

Gold surpassed $4,800 an ounce for the first time on Wednesday as geopolitical tensions including US President Donald Trump's bid to control Greenland drove safe-haven demand.

time to read

1 mins

January 22, 2026

Khaleej Times

Khaleej Times

Dhoom star Rimi Sen is now a real estate agent in Dubai

Bollywood actress Rimi Sen, who starred in a string of blockbusters in the first two decades of the new millennium, gave everyone a surprising revelation recently.

time to read

1 mins

January 22, 2026

Khaleej Times

Khaleej Times

How an Islamist party is gaining ground in Bangladesh, worrying moderates

Long vilified for opposing independence and barred from electoral politics for over a decade, Bangladesh’s biggest Islamist party is reinventing itself and attracting new support ahead of parliamentary polls next month, unsettling moderates and minority communities.

time to read

3 mins

January 22, 2026

Khaleej Times

Khaleej Times

ADIB full-year profit jumps 18% to Dh8.1B

Abu Dhabi Islamic Bank (ADIB) capped another standout year with an 18 per cent rise in full-year net profit before tax to a record Dh8.1 billion in 2025, underlining strong balance-sheet expansion, accelerating customer activity and industry-leading profitability as the UAE’s banking sector continued to benefit from robust economic momentum.

time to read

2 mins

January 22, 2026

Khaleej Times

Khaleej Times

City have to 'change the dynamic', says Pep after humiliating defeat

Pep Guardiola admitted Manchester City need to \"change the dynamic\" after their humiliating 3-1 defeat against Norwegian minnows Bodo/Glimt in the Champions League on Tuesday.

time to read

1 min

January 22, 2026

Khaleej Times

Khaleej Times

Discovery Gardens: Parkonic to revise on-street parking rules

A limited number of on-street parking spaces to be provided per building in Zen Cluster

time to read

3 mins

January 22, 2026

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