The injured were transferred by air ambulance to the country's Sheikh Khalifa Medical City Hospital to complete their treatment
uae21 hours ago
The UAE Cabinet on Tuesday approved the 2025 federal budget of Dh71.5 billion — the largest in the country's history.
The budget —which "reflected the strength of the UAE economy and sustainability of resources" — was approved in a meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
The federal budget for 2024 was Dh64.06 billion, 1.6 per cent more than the budget for the previous year (Dh63.066 billion). In 2022, the UAE had allocated a total federal budget of Dh252.3 billion for the years 2023 to 2026.
For 2025, majority of the UAE budget would go to social development and pensions (39 per cent) and government affairs (35.7 per cent) with Dh25.57 billion, the authorities said.
Under social development fund of Dh27.859 billion, here are the allocations:
Some Dh2.864 billion (4 per cent) would be spent on financial investments, and Dh2.581 billion (3.6 per cent) on the infrastructure and economic sector.
Other federal expenses amount to Dh12.624 billion, accounting for 17.7 per cent of the budget.
ALSO READ:
The injured were transferred by air ambulance to the country's Sheikh Khalifa Medical City Hospital to complete their treatment
uae21 hours ago
The Slacky Mile was initiated by Mouad Aburachid, a Moroccan-born balance coach who views slacklining as more than just a sport
uae1 day ago
This will mark the first public holiday of the year
uae1 day ago
Al Maktoum Archives will serve as a comprehensive repository for the Ruler of Dubai, encompassing his biography, collections, and literary works
uae1 day ago
The advisory comes in line with the country's official list of holidays released earlier this year
uae1 day ago
The annual prize honours individuals and organizations working to advance human fraternity and solidarity across the globe
uae1 day ago
She will be sharing the prize with 10 colleagues, one of whom is battling breast cancer
uae1 day ago
Here's a throwback to one of the biggest editions of the Dubai Shopping Festival — a 54-day extravaganza in 2006
uae1 day ago