UAE issues new 50 dirham note

UAE issues new 50 dirham note. The United Arab Emirates has issued a new 50 dirham banknote on the occasion of the 50th National Day.

UAE issues new 50 dirham note

According to Arab News, the rulers of the United Arab Emirates also attended the launching ceremony of the new 50 dirham note on Tuesday.

UAE issues new 50 dirham note

The new note is intended to pay tribute to Sheikh Zayed bin Sultan Al Nahyan, the founder of the United Arab Emirates, and the first ruler of the country, who played a historic role in uniting the country.

This is the first polymer banknote issued in the country.

On the occasion, Sheikh Mansoor bin Zayed Al Nahyan, Deputy Prime Minister of the UAE and Chairman of the Board of Directors of the Central Bank, said that the issuance of new notes would usher in a new era in the UAE and reaffirmed its commitment to progress. Is.

UAE issues new 50 dirham note

He further said that the issuance of a new 50 dirham note has also provided an opportunity to appreciate and thank the founders of the country.

On the front of the new banknote is a picture of the former ruler Sheikh Zayed bin Sultan Al Nahyan as well as the founders standing together.

UAE issues new 50 dirham note

Also on the back of the note is a picture of former ruler Sheikh Zayed bin Sultan Al Nahyan signing a union agreement. Under the agreement, all seven states united and the UAE flag was hoisted for the first time.

UAE issues new 50 dirham note

According to the state-run news agency WAM, the new note will soon be available at all Central Bank branches and ATMs, while the current 50 dirham note will also remain in use.

Polymer currency notes are more durable than traditional paper notes, which can also be recycled, with minimal damage to the environment.

UAE issues new 50 dirham note