The Central Bank of the United Arab Emirates (CBUAE) has announced that the new AED50 polymer banknote is an official currency and can be used alongside the paper banknote of the same value, currently in circulation.
The new polymer banknote has been distributed to banks and exchange houses, according a CBUAE statement.
This Polymer banknote was created to commemorate the UAE's Golden Jubilee, and honour the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and the first generation of rulers of the Emirates, and their dedication and historical role in uniting the country.
Many central banks have found polymer banknotes to be longer-lasting and more environmentally-friendly than paper banknotes. The design of this new banknote contains distinctive aesthetic characteristics, with different shades of violet, fluorescent blue marks of the UAE national brand in the centre, and drawings and inscriptions created using advanced intaglio printing techniques. Prominent Braille symbols are also included to help the blind and visually-impaired users to identify the banknote’s value.
Polymer banknotes can contain many more security features than paper banknotes.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai said that the decision to unify the Armed Forces on May 6 1976, was a pivotal moment in the history of the UAE as the nation celebrates its 48th Armed Forces Unification Day.
Four Dubai Metro stations remain closed following extreme weather conditions the Roads and Transport Authority (RTA) has confirmed. Passengers are being urged to check for regular updates to the public transport network.
Ajman witnessed a seven per cent increase in tourism revenue in the first quarter of 2024, driven by a three per cent rise in occupancy rates and a nine per cent growth in visitor numbers compared to the same period in 2023.
The Sharjah Petroleum Council (SPC), a Government of Sharjah undertaking, has announced the discovery of new gas reserves in Al Hadiba field, located north of the Al Sajaa Industrial Area in Sharjah.
The President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received condolences from regional leaders on the death of his uncle, Sheikh Tahnoun bin Mohammed Al Nahyan.
The Dubai Government Human Resources Department (DGHR) has achieved a significant milestone with the completion of 94 per cent of its ‘Dubai Government Jobs Engineering’ Project", which aims to support and strengthen human resource departments within government entities.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!