UAE issues new 50 dirham note to commemorate Golden Jubilee – Al Arabiya English

UAE issues new 50 dirham note to commemorate Golden Jubilee
The United Arab Emirates has introduced its first polymer banknote to commemorate the 50th anniversary of the nation’s founding, according to a statement from the official WAM news agency.
For the latest headlines, follow our Google News channel online or via the app.
The new 50 dirham ($13.6) note depicts the UAE’s founding father Sheikh Zayed bin Sultan signing the union document, and on the opposite side features an image of the seven founding leaders of the emirates.
“We see in this issuance the new phase that UAE will enter, and a renewed pledge to continue its growth path,” Deputy Prime Minister Sheikh Mansour bin Zayed said at a ceremony announcing the new note.
Polymer banknotes are more durable and sustainable than traditional cotton paper notes, and last up to three times longer in circulation.
They can also be completely recycled, thus reducing their environmental impact.
The note also features braille embossing so that blind and visually impaired people can easily tell its value.
It also boasts enhanced security features.
ATM machines will begin dispensing the new banknote “in the near future,” according to WAM.
The current 50 dirham note, which features an illustration of an Arabian oryx on one side and the old al-Jahili fort in Al Ain on the other, will remain in circulation.
Read more:
Bahrain plans to list airport services company and introduce digital Dinar: Report
UAE ceremony at Expo 2020 Dubai marks 50th National Day
UAE’s 50th National Day celebrations to focus on ties between people, their homeland
We use cookies to improve your experience on our site and to show you personalized advertising. To continue browsing, please click ‘OK, I Accept’.
For more information, please read our Privacy Policy

source

Leave a Comment

Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

Welcome to FactsPrime

Sorry, We have detected that you have activated Ad-Blocker. Please Consider supporting us by disabling your Ad Blocker, It helps us in maintaining this website. To View the content, Please disable adblocker and refresh the page.

Thank You !!!