Core Insights - The UAE Cabinet approved the 2026 federal budget totaling 92.4 billion dirhams, representing a 29% year-on-year increase, with a focus on social development, pensions, and infrastructure projects [1] - The meeting reviewed foreign investment outcomes, revealing that the UAE's investment balance reached 1.05 trillion dirhams, with non-oil trade growing more than double [1] - The Cabinet also approved guidelines for groundwater economic assessment and greenhouse gas reporting, along with several international agreements and social legislation [1] - The Vice President and Prime Minister highlighted the robust growth of the UAE economy and strong momentum in foreign trade [1]

Core Insights - Abu Dhabi's non-oil foreign trade increased by 34.7% year-on-year in the first half of 2025, with non-oil exports rising by 64% [1] - The growth trend in non-oil trade is expected to continue, with projections of 9% growth in 2024, including a 16% increase in exports [1] Trade Performance - Non-oil exports saw a significant increase of 64%, while re-exports grew by 35% and imports rose by 15% [1] - The industrial sector, particularly in chemicals, metals, and engineering, showed a notable rise in the issuance of certificates of origin, indicating an expansion of Abu Dhabi's industrial base [1] Support for SMEs - Small and medium-sized enterprises (SMEs) experienced a substantial increase in export volumes, benefiting from the support initiatives provided by the Chamber of Commerce, including business matchmaking, export training, and strategic partnerships [1]