Dubai: H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, reviewed the Ministry of Finance's 2025 Annual Report, titled 'Financial Efficiency and Global Impact'.
According to Emirates News Agency, the report outlines the Ministry's role in shaping fiscal policy and steering national development priorities. It highlights major achievements and key financial indicators from the year, showcasing the resilience of the UAE economy and its capacity for sustainable growth. The report also emphasizes the UAE's progress in financial sustainability and its global leadership ambitions, in line with the 'We the UAE 2031' vision and the 'UAE Centennial 2071' vision.
H.H. Sheikh Maktoum affirmed the UAE's commitment to sustainable development, inspired by the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum. He highlighted that the country's forward-looking vision positions it as a model for economic stability and inclusive growth, reinforcing the Ministry of Finance's role in driving fiscal policies aligned with long-term ambitions.
Sheikh Maktoum noted that 2025 was a pivotal year for financial efficiency and global impact, with the Ministry transforming challenges into opportunities, enhancing the national financial ecosystem, and fostering strategic partnerships. He emphasized the Ministry's efforts in developing a proactive financial innovation ecosystem powered by digital solutions and artificial intelligence to safeguard national resources.
The Ministry's commitment to financial governance, policy advancement, and international best practices was underscored. Sheikh Maktoum highlighted the UAE's role in shaping global financial trends through policies that promote sustainable growth and cooperation across financial sectors, reflecting the country's dedication to addressing global economic challenges.
The report also reviewed the Ministry's strategic initiatives in financial innovation, the federal budget, and legislative advancements. The budget for 2025 reached AED71.5 billion, with a significant increase planned for 2026, indicating economic strength and fiscal flexibility. Efforts to expand non-oil revenues, modernize tax frameworks, and enhance financial transparency were detailed, alongside developments in the tax system and international cooperation.
The Ministry's achievements in debt markets, digital initiatives, and international agreements were highlighted as key drivers of financial sustainability. The report concluded with the UAE's advancements in global competitiveness and recognition for digital transformation, innovation, and financial governance, solidifying its status as a leading global financial hub.
