13.5 billion dirhams of government investment revenues in the budget, including the concessions of “Etisalat” and “Du” and the profits of the “Central”

A parliamentary report revealed that the investment revenues of various government-owned entities expected during the current year, which constitute one of the revenues of the 2023 budget, amounted to about 13 billion and 546 million and 310 thousand dirhams.

The report of the Financial, Economic and Industrial Affairs Committee in the Federal National Council indicated that investment revenues included one billion and 48 million and 800 thousand dirhams in the profits of the Central Bank, and 4 billion and 174 million and 440 thousand dirhams in the profits of the Emirates Telecommunications Group, and 450 million dirhams in the profits of the integrated telecommunications company Du, and 573 One million and 700 thousand dirhams are profits from other investments, 5 billion and 700 million dirhams are the Etisalat franchise, and one billion and 600 million dirhams are the du franchise.

The report indicated that the contribution of the Emirate of Abu Dhabi in cash to the 2023 budget amounted to 6 billion and 444 million and 703 thousand dirhams, and the contribution of the Emirate of Abu Dhabi “services” to the budget amounted to 11 billion and 244 million and 600 thousand dirhams, and the contribution of the Emirate of Dubai in cash amounted to one billion and 200 million dirhams, and the contribution of the Presidential Court 111 One million and 616 thousand dirhams.