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Asharq Al-Awsat

Business

Dubai - Asharq Al-Awsat

Dubai Approves Three-year Budget with Expenditure of $55.8 Billion

Dubai Mohammed bin Rashid Al Maktoum Hamdan bin Mohammed bin Rashid Al Maktoum UAE

The center of Dubai (WAM)

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, approved Dubai’s budget for 2023-2025 with a total expenditure of 205 billion dirhams ($55.8 billion).

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that the new budget reflects the strong performance of various economic sectors and affirms Dubai’s determination to continue to develop its capacities in various fields.

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