Achievements

In a historic first, the Ministry of Finance successfully launched the UAE’s inaugural sovereign bonds and Islamic Treasury Sukuk, establishing a diversified federal public debt framework.
These issuances:

• Attracted broad international investor confidence across Asia, Europe, and the Americas.
• Were oversubscribed multiple times, underscoring the UAE’s fiscal credibility.
• Provided a benchmark yield curve for domestic market development.
• Enabled the Ministry to build liquidity in local currency instruments.
• Provided Sharia-compliant investment avenues.

Read more about T-Bonds and T-Sukuk.

The introduction of the Public Debt Strategy 2021–2023 marked a pivotal shift in managing sovereign debt. The strategy emphasized:

• Deepening domestic capital markets.
• Enhancing financial market infrastructure.
• Supporting economic diversification.
• Support the implementation of the fiscal policy of Central Bank of the UAE
• Cover financial guarantees issued by the government.

Read more about The Federal Debt Management Office.

The approval of the three-year federal budget of AED 192 billion reaffirmed the UAE’s fiscal strength and forward-looking plans. The budget:

• Prioritises social development, education, and infrastructure.
• Reflects a commitment to fiscal sustainability and strategic expenditure.
• Maintains a budget surplus, strengthening investor confidence.

Read more about the Federal Budget.

The Ministry’s stewardship earned the UAE:

• Aa2 (Moody’s) and AA- (Fitch) ratings with stable outlooks.
• Recognition for low debt-to-GDP ratios, prudent fiscal buffers, and policy agility.

tRead more about the UAE’s credit ratings.

For the first time in its history, the UAE introduced a federal corporate tax regime, aligning with international tax standards. Key impacts include:

• Enhancing revenue diversification.
• Promoting tax transparency and compliance.
• Reinforcing the UAE’s role as a globally integrated financial jurisdiction.

Read more about corporate tax in the UAE.

• Introduced a comprehensive public-private partnership (PPP) law, unlocking investment in infrastructure and services.
• Initiated frameworks for digital assets and fintech regulation, ensuring safe adoption of financial innovation.

Read more about partnerships.

The Ministry launched state-of-the-art platforms to digitise:

• Federal procurement and payment systems.
• Budget forecasting and financial reporting.
• Real-time oversight of public sector financial performance.

Read more about the Digital Procurement Platform and the Accrual Accounting Program.

• Piloted blockchain applications in payment verification and audit trails.
• Leveraged AI for predictive analytics in budgeting and expenditure.

Read more about Blockchain and AI in MoF.

The Ministry has strengthened the UAE’s voice in:

• G20 working groups on tax and sustainable finance.
• IMF and World Bank policy dialogues.
• Regional partnerships through the Arab Monetary Fund and GCC finance coordination mechanisms.

Read more about MoF International Affairs.

• Launched initiatives to explore green bonds and ESG-aligned financial instruments.
• Developed policy frameworks supporting climate-resilient investment financing.

Read more about Leadership in sustainable finance.