The value of financial aid provided by the UAE’s federal and local governments exceeded AED 19 billion in 2018.
According to the Ministry of Finance, this amount accounted for five per cent of the government’s total expenditure.
The funds were set aside for social projects, cash subsidies as well as welfare programmes for the elderly, underprivileged families and people of determination.
UAE to invest 40 billion euros in Germany to deepen economic ties
The UAE has announced plans to invest 40 billion euros in Germany, targeting key sectors including industry, advanced technology, artificial intelligence, digital infrastructure and energy.
UAE, Germany announce new agreements and strategic dialogue
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and German Chancellor Friedrich Merz have witnessed the announcement of a series of agreements, memoranda of understanding and letters of intent aimed at expanding cooperation.
UAE affirms commitment to relations with all countries
The UAE has expressed hope that Algeria’s decision to sever diplomatic relations will be temporary, while reaffirming its commitment to strong relations with all countries.
UAE President, German Chancellor reaffirm strategic partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and German Chancellor Friedrich Merz have discussed ways to further strengthen the strategic partnership between the UAE and Germany.
