The media office of the Emirate of Dubai announced today, Monday, that "Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum, has approved the budget cycle for the Dubai Government, with total expenditures amounting to 246.6 billion dirhams (67.14 billion dollars) for the financial years 2024-2026." It added: "The expenditures for the financial year 2024 alone are estimated at around 79.1 billion dirhams."