The UAE is reinforcing its position as one of the region’s most fiscally resilient economies, as the Ministry of Finance unveils its Federal Government Public Debt 2022–2025 report, outlining a long-term strategy to enhance sovereign debt efficiency, diversify funding channels, and maintain sustainable financial stability.

The report, titled Public Debt: Efficiency and Sustainable Financing, details how the UAE has developed an advanced sovereign debt framework that aligns financing needs with national development priorities while adhering to global best practices in governance, transparency, and risk management.

Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, said: “The UAE will continue to strengthen and advance its economic system, driven by a long-term vision and sustainable financial planning under the leadership of President Mohamed bin Zayed Al Nahyan and Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.”

“Over the past decades, the UAE has built a strong and agile financial system, enabling the country to achieve key development milestones and adapt to global economic shifts. This progress will support national ambitions set out in ‘We the UAE 2031’ and the UAE Centennial 2071,” he added.

The report positions public debt management as a central pillar of the UAE’s fiscal framework, balancing efficient public spending with long-term resource sustainability while strengthening investor confidence through a transparent and diversified sovereign debt market.

“Public debt management is a strategic tool that helps balance spending efficiency with resource sustainability. It also plays a key role in creating a robust and attractive investment environment by supporting the development of a transparent and diversified sovereign debt market,” Sheikh Maktoum said.

Since launching its federal debt issuance program, the UAE has steadily expanded its presence in both domestic and international debt markets. By December 2025, the government had conducted 23 Islamic Treasury Sukuk auctions worth AED27 billion ($7.35 billion), alongside eight Treasury Bond auctions totaling $3.05 billion, with all issuances listed on Nasdaq Dubai.

Internationally, the UAE’s US dollar-denominated bond program generated $10 billion across four issuances between 2021 and 2024, with listings on both the London Stock Exchange and Nasdaq Dubai. These offerings attracted subscription rates exceeding five times the issue size.

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said: “The UAE places great importance on enhancing the efficiency of public debt management, viewing it as a core component of its advanced financial framework. It is built on a national vision grounded in strong financial governance and forward-looking planning.”

“Accordingly, the Ministry of Finance continues to develop sovereign debt instruments in line with global best practices, reinforcing the UAE’s commitment to sustainable financial stability that supports its broader development agenda,” he added.

The report also highlights the UAE’s strong sovereign credit ratings, including Aa2 from Moody’s, AA- from Fitch Ratings, and AA from S&P Global, all with stable outlooks.

A key component of the federal debt strategy is its emphasis on advanced risk management, including liquidity controls, hedging strategies, maturity diversification, and operational resilience.

The report also outlines the performance of a new investment mandate introduced in May 2025 in partnership with the Emirates Investment Authority, with portfolio allocations strategically split between US Treasury bonds and spread-enhanced products.

In a move to broaden retail investor participation, the Ministry launched the Fractional Treasury Sukuk and Bonds Initiative in November 2025, allowing individuals to access sovereign debt markets with a minimum investment of AED4,000 ($1,089). The program attracted around 310 investors, generating total investments of $1.93 million.

Through this comprehensive framework, the UAE continues to position sovereign debt not only as a financing tool, but as a strategic lever for economic resilience, financial sustainability, and long-term national growth.