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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

Three killed in shooting at Australia lakeside town, gunman at large

Australian police said they were hunting for a gunman on the run after three people were shot and killed on Thursday in a small, lakeside town in the country's east.

time to read

1 min

January 23, 2026

Khaleej Times

Khaleej Times

$4T crypto market powers Mena institutional trading boom

Institutional and high-net-worth investors are now driving more than two-thirds of cryptocurrency trading volumes across the Middle East and North Africa, underlining a decisive shift away from speculative retail activity towards a more mature, regulation-led digital asset market, according to BitOasis.

time to read

2 mins

January 23, 2026

Khaleej Times

Khaleej Times

Redha Al Ansari Exchange introduces a complete digital receipt and e-signature system at its branches

This streamlines branch operations by reducing printing delays and enhancing verification accuracy

time to read

1 min

January 23, 2026

Khaleej Times

Khaleej Times

Residents face cold weather snap but it will be short-lived, says NCM expert

Despite the brief chill, residents are being advised to take standard precautions, particularly early in the morning and after sunset

time to read

2 mins

January 23, 2026

Khaleej Times

Winter Storm Fern forecast to slam huge expanse of US

A winter storm bringing icy temperatures will slam a massive stretch of the United States this week, with more than 175 million people facing the prospect of heavy snowfall, power outages and travel disruption.

time to read

2 mins

January 23, 2026

Khaleej Times

Khaleej Times

RAK’s ultra-luxury residence sells for record-breaking Dh130m

A record-setting residential transaction has been completed in Ras Al Khaimah with the sale of the Sky Palace at the Waldorf Astoria Residences, marking the highest-value single-unit home ever recorded in the emirate.

time to read

2 mins

January 23, 2026

Khaleej Times

Khaleej Times

Greenlanders, Danes hopeful but some upset by ‘deal’ talk

Some Greenlanders and Danes expressed relief and even hope after President Donald Trump suddenly signalled on Wednesday night that a solution had been reached with Nato that would avoid a confrontation over Greenland.

time to read

3 mins

January 23, 2026

Khaleej Times

BBQ smoke & charred food harmful, say doctors, calling for moderation

As winter sets in across the UAE, parks, beaches and backyards come alive with the smell of grilled food.

time to read

2 mins

January 23, 2026

Khaleej Times

Khaleej Times

IndiGo plan to halt lone Dubai-Bhubaneswar service upsets expats

Members of the Odia diaspora in the UAE have expressed concern over plans by IndiGo Airlines to discontinue its direct Dubai-Bhubaneswar flight — the only nonstop air link between the Gulf and Bhubaneswar, the capital of Odisha in eastern India.

time to read

1 mins

January 23, 2026

Khaleej Times

Khaleej Times

Is it bad to snooze your alarm?

The answer may depend on why you're doing it in the first place

time to read

3 mins

January 23, 2026

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