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    Sheikh Mohammed sanctions Dhs272 billion budget for 2025 to 2027

    Life

    by Ruman Baig
    35 seconds ago

    Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, officially sanctioned a record-breaking budget (Dhs272 billion), marking another milestone in the Emirate’s legacy of forward-thinking governance. Set against the backdrop of the Dubai Economic Agenda D33, Dubai Plan 2030, and the Quality-of-Life Strategy 2033, this budget will focus on social, infrastructure, and technological investments aimed at making Dubai the “greatest city in the world to live, work, and invest.”

    Dubai has once again raised the bar with the approval of its largest budget in history, aimed at propelling the emirate further into the ranks of the world’s leading cities. With a staggering Dhs272 billion allocated by Sheikh Mohammed for the fiscal years 2025 to 2027, this budget reflects Dubai’s ambition to enhance quality of life, foster sustainable growth, and cement its position as an innovation hub that continues to attract the best talent, investment, and opportunities.

    Sheikh Mohammed on the three-year vision for transformation

    As announced by the Dubai Media Office on October 29, the government’s fiscal strategy projects a total revenue of Dhs302 billion, an increase that reflects the emirate’s steady economic growth and robust future planning. This three-year budget cycle will direct funds into pivotal sectors essential to Dubai’s long-term vision, creating a cohesive framework that extends beyond immediate development and into a sustainable future.

    Dubai’s projected expenditure for 2025 alone is Dhs86.26 billion, while revenues are anticipated to reach Dhs97.66 billion. With this sizeable surplus, the city’s leadership demonstrates both financial prudence and a forward-looking strategy to maintain an economic buffer. A reserve of Dhs5 billion has also been set aside to stimulate the broader economy and navigate unforeseen challenges, underscoring Dubai’s readiness to adapt and sustain its rapid evolution.

    Social Development at the Forefront

    A key feature of the 2025 budget is the emphasis on social development, with 30 percent dedicated by Sheikh Mohammed to sectors such as healthcare, education, scientific research, and social services. The significant allocation aims to foster a higher standard of living and provide essential services that support individuals and families across all demographics.

    This investment includes dedicated funding to support the needs of Dubai’s elderly population, retirees, people of determination, youth, and sports programs. Additionally, it offers backing for initiatives that benefit women, children, and vulnerable families, underscoring Dubai’s commitment to an inclusive, accessible community where everyone can thrive. By prioritizing education, healthcare, and research, the budget aligns with the city’s aspirations to build an educated, healthy, and resilient population ready to meet the future.

    Strengthening Security and Infrastructure

    To further bolster public welfare, 18 percent of the 2025 budget allocated by Sheikh Mohammed will be invested in Dubai’s security, justice, and safety sector. This investment is critical to ensuring a safe and secure environment that supports Dubai’s growing population and aligns with its status as a global business hub. Law enforcement, emergency services, and justice initiatives will receive substantial support to maintain and enhance their effectiveness.

    Dubai’s renowned infrastructure development will continue to be a top priority, receiving a significant 46 percent of total government spending. These funds will drive a host of projects, including new roads, bridges, tunnels, parks, sewage systems, and the ambitious Al Maktoum Airport expansion. The city is also focusing on sustainable and resilient infrastructure, with funds earmarked for renewable energy facilities and the ongoing development of Dubai’s rainwater drainage network. These initiatives will further solidify Dubai’s reputation as a world-class city with a robust, future-proof infrastructure that can handle both current demands and long-term growth.

    Sheikh Mohammed on building a digital-first Dubai

    In line with Dubai’s goal to be at the forefront of technology, the new budget places a strong emphasis on digitalization. One of the key initiatives within this strategy is the Dubai Cashless Strategy, which seeks to make 90 percent of all transactions cashless by 2026, spanning both public and private sectors. It will enhance transparency, efficiency, and convenience, contributing to Dubai’s evolution as a smart city.

    Dubai’s commitment to digital transformation goes beyond cashless transactions; it’s about reimagining how services are delivered and accessed. This strategy is designed to improve government performance and foster a culture of innovation and excellence. By investing in digital infrastructure, the emirate aims to create an ecosystem that supports technological innovation and meets the evolving needs of businesses and residents alike.

    Enhancing Public Services and a Culture of Innovation

    Public services will see an investment of 6 percent, a seemingly modest amount with a substantial impact on improving overall government efficiency and performance. The allocation aims to cultivate a culture of excellence across all sectors, reinforcing Dubai’s reputation for high standards and quality. By investing in public services and promoting a culture of accountability, the emirate continues to refine its public administration while remaining responsive to citizens’ needs.

    As the Emirate progresses through the 2025-2027 budget cycle, each investment serves as a building block in the creation of a Dubai that is not only an economic powerhouse but also a place where quality of life, opportunity, and security are paramount.
    – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram
    Images: Instagram: Feature image:@hhshkmohdfan More

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    Al Maktoum International Airport set to transform travel landscape

    Life

    by Ruman Baig
    21 mins ago

    In a bold move set to redefine global air travel, Dubai’s visionary leadership has unveiled plans for the transformation of Al Maktoum International Airport (AMI) into the world’s largest aviation hub.
    Spearheaded by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the ambitious project promises to revolutionize the way millions of passengers navigate the skies.

    Today, we approved the designs for the new passenger terminals at Al Maktoum International Airport, and commencing construction of the building at a cost of AED 128 billion as part of Dubai Aviation Corporation’s strategy.
    Al Maktoum International Airport will enjoy the… pic.twitter.com/oG973DGRYX
    — HH Sheikh Mohammed (@HHShkMohd) April 28, 2024

    With approval granted for the cutting-edge designs of a new passenger terminal, AMI is poised to accommodate over 260 million travelers annually, surpassing all existing records for airport capacity. Boasting five state-of-the-art terminals and more than 400 aircraft gates, the expansive facility will cover a sprawling 70 square kilometers in Dubai South.
    Construction has already commenced on the Dhs128 million terminal, with completion of the initial phase expected within a decade. Upon its inauguration, the terminal will boast an impressive capacity of 150 million passengers annually, marking a significant milestone in the airport’s evolution.
    Anticipating a seamless transition, all operations currently housed at Dubai International Airport (DXB), the world’s busiest international airport, will gradually migrate to AMI in the coming years, according to announcements from the Dubai Media Office.
    Beyond its sheer scale, AMI is envisioned as a beacon of sustainability, designed to minimize environmental impact and align with the UAE’s commitment to eco-conscious development. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation City Corporation, emphasized the airport’s pursuit of a LEED Gold certification, underscoring its dedication to environmentally responsible practices.
    Expanding beyond aviation, the development of AMI signals a broader vision for Dubai South, set to become a thriving metropolis accommodating a million residents and hosting leading companies in logistics and air transport. Reflecting on the significance of this endeavor, HH Sheikh Mohammed emphasized its enduring legacy for future generations, ensuring sustained growth and prosperity for Dubai as a global powerhouse in aviation, commerce, and urban innovation. More

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    Watch Now: UAE President visits India, welcomed by Prime Minister Modi

    Lifeby Ruman Baig56 mins ago In a significant diplomatic move, President Sheikh Mohamed bin Zayed Al Nahyan of the UAE arrived in India for a working visit, emphasizing the deepening strategic partnership between the two nations.UAE President arrives in India at start of working visit #WamNews https://t.co/Izj0Let3MO pic.twitter.com/npfk1D2sW4— WAM English (@WAMNEWS_ENG) January 9, 2024The visit commenced with the President’s participation in the three-day Vibrant Gujarat Global Summit, an international business event designed to attract investments and promote the state of Gujarat.This biennial summit, initiated by Indian Prime Minister Narendra Modi in 2003 during his tenure as the state’s chief minister, has evolved into a platform for fostering global business relations.President Sheikh Mohamed’s presence at the event not only underscores the UAE’s commitment to economic collaboration but also highlights the mutual efforts to enhance ties between the two countries.The visit kicked off with a grand parade, jointly led by President Sheikh Mohamed and Prime Minister Modi, covering a distance of 3km from Sardar Vallabhbhai Patel International Airport to Gandhinagar city. The visual spectacle symbolized the unity and shared objectives between the UAE and India, setting the stage for the upcoming discussions and agreements.The 10th edition of the Vibrant Gujarat Global Summit provided a platform for both leaders to engage in crucial discussions aimed at further solidifying the strategic partnership. The talks revolved around exploring avenues for collaboration that would not only support economic growth but also contribute to sustainable development for the benefit of their respective populations.One of the highlights of the visit was the signing of agreements between the UAE and India, fostering investment cooperation across multiple sectors. These agreements are poised to strengthen the economic ties between the two nations, creating opportunities for growth and development on both sides.UAE President and Indian Prime Minister witness exchange of MOUs#WamNews https://t.co/DkdmVk9w1k pic.twitter.com/SVfWuXMJXh— WAM English (@WAMNEWS_ENG) January 9, 2024Reflecting on the productive discussions, President Sheikh Mohamed emphasized, “Today I met with Indian Prime Minister Narendra modi in Ahmedabad to further cement the strong ties that unite our two nations. The partnership between India and the UAE continues to flourish, and our talks today explored ways to boost collaboration that will support economic growth and sustainable development for the benefit of our people.”President Sheikh Mohamed bin Zayed Al Nahyan’s visit to India in pictures:– For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and InstagramImages: Twitter: WAM English  More

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    UAE pioneers lunar breakthrough with NASA in bold space collaboration

    Lifeby Ruman Baig57 mins ago In a historic announcement, the UAE has embarked on a groundbreaking venture with NASA to co-create the inaugural lunar space station, marking a pivotal moment in space exploration.This landmark agreement not only signifies a quantum leap for the UAE’s space aspirations but also sets the stage for Emirati astronauts to play a crucial role in upcoming moon missions.This pioneering project, named Lunar Gateway, is a collaborative effort involving key global players, including Japan, Canada, and the European Union.Aligned with NASA’s Artemis initiative for sustained lunar exploration, Lunar Gateway not only amplifies the UAE’s commitment to space exploration but also positions the nation prominently in the global space race.Anticipated to launch its initial components by 2025, Lunar Gateway’s ambitious timeline includes the deployment of the Emirates Airlock by 2030. This strategic move reinforces the UAE’s dedication to pushing the boundaries of space exploration and bolsters its objective to dispatch the first Emirati astronaut into lunar orbit.Speaking at the announcement held at Qasr Al Watan in Abu Dhabi, UAE President HH Sheikh Mohamed bin Zayed Al Nahyan affirmed, “The UAE’s involvement in this global venture underscores our dedication to fostering collaborative ties that contribute to the advancement of knowledge and human progress.” HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, echoed this sentiment, stating, “This project symbolizes a revolutionary initiative for humanity’s return to the Moon, establishing it as a launchpad for future missions to Mars.”I was pleased to attend with my brother Mohammed bin Rashid the launch of the UAE’s contributions to the historic Lunar Gateway, which will serve as humanity’s first space station around the Moon. Through our long-term investment in space exploration and scientific innovation,…— محمد بن زايد (@MohamedBinZayed) January 7, 2024While Lunar Gateway is poised to facilitate lunar exploration, its aspirations extend far beyond the moon’s surface, reaching an astounding distance of approximately 401 million kilometers. This mission serves as a springboard for future manned missions to Mars, a concept emphasized by H.H. Sheikh Mohammed, who affirmed that the Emirates would play an integral role in this colossal endeavor – one of the most ambitious human space projects in the coming decade.As the UAE embarks on this cosmic journey with NASA, the collaboration not only charts new frontiers in space exploration but also cements the nation’s status as a leading force in advancing humanity’s quest for knowledge beyond Earth’s confines.– For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and InstagramImages: Instagram @hhshkmohdfan More

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    In pics: Sheikh Mohammed’s wholesome portraits from his recent visit to London

    Life

    by Sarah Joseph
    2 hours ago

    VIEW GALLERY/ 4 IMAGES
    London is often regarded as a key hotspot for Royals to visit.
    The most recent member of the UAE Royal family to a travel there is His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the Vice-President and Prime Minister of UAE and Ruler of Dubai.
    With various portraits resurfacing of him on the internet meeting various important individuals, the photos have been making their rounds on social media portrait his humble nature and an approachable personality.
    The ruler was spotted at various key spots in the UK, where fans had joyfully expressed their excitement as they took pictures with him. Seen at both Hyde Park and at the Harrods store, the UAE ruler was seen in comfortable attire on all occasions, even when his brother shared a picture of them looking over fondly at each other on his Instagram.
    In a post shared on Twitter, Hussain Sajwani, Founder and CEO of Damac, thanked the UAE leader for meeting with him and his son, saying that it was an honour for his son Mehdi.
    He said, “We were captivated by his remarkable wisdom and unwavering dedication to the well-being of his people.” He continued, “May Allah bless Your Highness with a long and prosperous life, and may you continue to be a beacon of pride for our nation!”
    Also, Tajikistan-singer, Abdu Rozik took to Instagram to share a picture with HH Sheikh Mohammed, which gained traction from the globe over with 200,000 likes and several wholesome messages singing his praises.
    With all his social media fans showering their love, swipe through the gallery above with all the portraits shared on Instagram from his current visit to the United Kingdom.
    – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram
    Images: Instagram @abdul_rozik , @khalifasaeed & @hussainsajwani More