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Dubai’s Finance Strategy For 2026 Hopes To Achieve Financial Sustainability

Dubai’s Department of Finance has unveiled a strategic plan for 2026 that looks to achieve objectives laid out in the Dubai Strategy 2030.

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dubai's finance strategy for 2026 hopes to achieve financial sustainability

Dubai’s Department of Finance recently announced its official “Finance Strategy for 2026”, which ties in with the Dubai Strategy 2030 project, an ambitious plan to elevate Dubai as a global platform for knowledge-based, sustainable, and innovation-focused businesses.

The director of the Department of Finance’s Strategy & Corporate Performance Division, Jasim Mohamad Al Zarooni, noted that the plan is based on the vision of “Global leadership and innovative financial sustainability”, centered around six ambitious objectives that were originally laid out in the Smart Dubai 2021 roadmap, with a plan to achieve financial sustainability and a fair and efficient distribution of resources within the emirate.

Here are the six strategic objectives in brief:

A Smart, Liveable & Resilient City

With improved connectedness, simplified and sustainable living, plus all of the critical infrastructure to boost efficiency and promote resilience.

A Globally Competitive Economy Powered By Disruptive Technologies

Pioneering new rules of economic development and engagement to transition to a circular economy that shares assets and resources, whilst building an inspired and highly productive workforce.

An Interconnected Society With Easily Accessible Social Services

Improve quality of life for both residents and visitors by embracing technology to streamline the emirate’s social, cultural, education, and healthcare experiences.

Smooth Transport, Driven By Autonomous & Shared Mobility Solutions

Pioneer smart innovative mobility solutions and automation for a seamless and safe transportation experience in the emirate and reduce commuting time.

A Clean Environment Enabled By Cutting-Edge ICT Innovations

Ensure the sustainability and quality of the emirate’s resources (water, air, energy, and land) for residents and visitors and digitally transform utilities, manufacturing, transportation, and waste treatment.

A Digital, Lean, And Connected Government

Eliminate the need to physically interact with government departments by providing 100% of eligible public services through digital channels and targeting full digital adoption.

The government aims to turn Dubai into the preferred manufacturing platform for global businesses, promoting energy-efficient and environmentally friendly manufacturing while fostering a culture of knowledge and innovation that could turn the emirate into a central hub for the global Islamic products market.

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Dubai Gives Go Ahead For $35 Billion Al Maktoum Airport Expansion

The project will include a new passenger terminal, helping the emirate achieve its goal of operating the world’s largest airport by 2050.

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dubai gives go ahead for $35 billion al maktoum airport expansion
Dubai Media Office

On Sunday, April 28th, Dubai’s HH Sheikh Mohammed bin Rashid Al Maktoum gave the go-ahead to a major expansion project for Al Maktoum Airport (DWC).

The development will add a new passenger terminal to DWC, marking a major step in the emirate’s goal to transform the global transport hub into the world’s largest airport by 2050.

The construction project is valued at a massive $34.8 billion (AED128 billion), and is necessary to accommodate the projected surge in air travel over the coming years.

The DWC expansion plans were reportedly shelved in 2019. However, the project regained traction under the airport operating company Dubai Airports, who manage both Dubai International Airport (DXB) and DWC.

dubai al maktoum airport expansion

“HH Sheikh Mohammed bin Rashid Al Maktoum reviewed the strategic plan of the #Dubai Aviation Engineering Projects and approved designs for the new passenger terminal at Al Maktoum International Airport, which will be the largest in the world when fully operational,” announced the Dubai government on X, noting that the new terminal will increase annual capacity to over 260 million passengers.

Under the comprehensive development plans, Al Maktoum Airport will surpass the scale of Dubai International Airport by fivefold. Eventually, all of Dubai International’s operations will be moved to the new site.

Also Read: Abu Dhabi Developer To Build World’s First Healthy Living Island

Dubai Airport CEO Paul Griffiths has emphasized the need for a new facility as DXB airport approaches its maximum annual capacity of 120 million passengers, explaining that the new development will transform airport operations.

“We are not planning an airport that has terminals. We’re going to completely change the business model for airports, make them far more intimate, and get rid of all the legacy processes that we’ve had to subject our customers to for far too long,” Griffiths stated.

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