UAE MoF News

UAE Launches Phase 1 R&D Tax Incentives Programme - 50% Credit, AED 5M Cap

The UAE Ministry of Finance announced Phase 1 of its Research and Development Tax Incentives Programme on March 18, 2026. The programme offers a non-refundable R&D tax credit of up to 50% on qualifying expenditure capped at AED 5 million per business. The programme is designed to encourage private-sector investment in R&D and innovation while supporting the UAE's ambition to become a global hub for advanced industries and emerging technologies.

UAE Ministry of Finance Issues Electronic Invoicing Guidelines for National Rollout

The UAE Ministry of Finance has issued comprehensive Electronic Invoicing Guidelines establishing the foundational framework for the country's mandatory eInvoicing system. The guidelines define key terms, clarify scope and transaction types, outline a phased implementation timeline, and detail compliance requirements including penalties for non-compliance. All businesses operating in the UAE must prepare to issue, transmit, and store electronic invoices in accordance with the new requirements.

UAE Treasury Bonds AED 1.1B Auction Achieves 4.4x Oversubscription

The UAE Ministry of Finance announced successful completion of its March 2026 Treasury Bonds auction with AED 1.1 billion total issuance. Total bids reached AED 4.85 billion, representing a 4.4x oversubscription. Yields were set at 3.73% for the September 2027 tranche and 3.85% for the January 2031 tranche.

UAE Federal Budget Yearbook 2026 Launches

The UAE Ministry of Finance launched the Federal Budget Yearbook 2026 under the theme 'Investing in People Securing the Future.' The federal budget maintains fiscal balance with revenues and expenditures both at AED 92.4 billion, representing a 29% increase from the 2025 budget of AED 71.5 billion. Key allocations include AED 30.8 billion for public services, AED 16.9 billion for education, AED 5.7 billion for healthcare, and AED 3.7 billion for housing.