# UAE and Morocco economic and diplomatic developments > Live situation record from CLSTR: https://clstr.news/situations/uae-and-morocco-economic-and-diplomatic-developments > Updated: 2026-10-18T16:38:24.000Z. Sources: 16. Developments: 2. The United Arab Emirates and Morocco have demonstrated developments in both economic management and diplomatic cooperation. In terms of economic indicators, the UAE approved a 2027 federal budget of AED 90.1 billion, part of a larger 2027–2029 spending plan. While infrastructure and social development remain priorities, financial investments are projected to decrease by 63.6%. Concurrently, Morocco reported a 9.9% annual increase in customs revenues and a narrowing national budget deficit. Morocco also saw improvements in water resource management, with dam reservoir levels rising to 65.51% capacity. Diplomatically, the UAE has moved to strengthen regional security ties. High-level discussions included a meeting between UAE President Sheikh Mohamed bin Zayed Al Nahyan and Saudi Arabia’s Minister of Defence, Prince Khalid bin Salman bin Abdulaziz Al Saud, to reaffirm strategic partnerships. Additionally, the UAE and Morocco held discussions focused on regional stability and expanding bilateral cooperation to foster mutual prosperity. ## Timeline ### 2026-10-18: UAE strengthens regional security ties with Saudi Arabia and Morocco The UAE is strengthening regional security ties through high-level diplomatic engagements with Saudi Arabia and Morocco to bolster stability and bilateral cooperation. 6 sources. https://clstr.news/cluster/uae-strengthens-regional-security-ties-with-saudi-arabia-and-morocco ### 2026-10-13: UAE and Morocco report significant economic and budgetary shifts The UAE approved a $79.6 billion spending plan for 2027–2029, while Morocco reports rising customs revenues and improved dam reservoir levels. 9 sources. https://clstr.news/cluster/water-management-updates-fish-migration-in-france-and-rising-dam-reserves-in-morocco --- Cite as: UAE and Morocco economic and diplomatic developments. CLSTR, https://clstr.news/situations/uae-and-morocco-economic-and-diplomatic-developments