November 28, 2022

Dubai Week

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Emirates News Agency - Mohammed bin Rashid, Mohammed bin Saeed, Rulers and Crown Princes issue new 50 Dirham Rupee notes on the eve of National Day.

Emirates News Agency – Mohammed bin Rashid, Mohammed bin Saeed, Rulers and Crown Princes issue new 50 Dirham Rupee notes on the eve of National Day.

In honor of Saeed and the founders’ exploitation, the central bank celebrates its 50th National Day by issuing a new 50-50 dirham note.

The new 50 dirham rupee note is decorated with the image of founder Sheikh Saeed, the founders and many national and historical monuments.

The central bank reveals the security and technical characteristics of the new version of “Polymer” to enhance customer confidence.

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Abu Dhabi, December 7 / WAM / Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, Sheikh Mohammed bin Saeed Al Nahyan, Crown Prince and Deputy Commander of Abu Dhabi. Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council of the Armed Forces and Fujairah; Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Member of the Council and Ruler of Ras Al Khaimah, Crown Prince and Deputy Ruler of Sharjah, and Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman.

The Central Bank of the United Arab Emirates has introduced a new 50 dirham note to mark the 50th National Day, commemorating the exploits of the late founder Sheikh Saeed bin Sultan Al Nahyan and the first generation of rulers of the United Arab Emirates. “May God bless them all”, and be under the same flag as a tribute to their dedication and thanks to their historic role in uniting the state.

His Highness Sheikh Mansour bin Saeed Al Nahyan, Deputy Prime Minister of the Central Bank of the United Arab Emirates, Minister of Presidential Affairs and Chairman of the Board of Directors, unveiled the third issue of the National Currency. Fifty Dirhams .. Coincides with the Golden Jubilee celebrations of the United Arab Emirates, established on December 2, 1971.

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His Highness added: “The United Arab Emirates has entered a new phase in its history and we see in this publication a renewed commitment to continue the process of economic and social development.

The front of the new banknote is adorned with a portrait of the late Sheikh Saeed bin Sultan Al Nahyan on the right, with a commemorative portrait of the founding fathers after signing the “Union Document” in the center. The late Sheikh Saeed bin Sultan Al Nahyan appeared during the signing of the “Union Document”, with the image of the Union Museum, the union was established and the first time the United Arab Emirates flag was hoisted.

In line with its initiatives towards sustainability, the central bank is launching a new issue of the 50-dirham national currency as it is the first banknote made of “polymer”, the best material for making banknotes.

Banknotes made of this material are more durable and stable than traditional banknotes and are two or more times longer than banknotes made of cotton, and they can be fully recycled, thus contributing to efforts to reduce the environmental footprint.

The aesthetic qualities of this magazine appear in the unique design of the banknote in various purple colors, in the form of the state’s visual media identity in blue with a combination of “fluorescent marks” and advanced drawings and inscriptions. intaglio printing techniques.

In this issue, the central bank was keen to maintain its permanent approach by adding key symbols in Braille to help blind and blind dealers identify the value of the rupee note.

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The new 50 dirham rupee note has advanced security features as it relies on advanced technologies to enhance customer confidence and combat counterfeit notes.

The new rupee note will be available at Central Bank branches and ATMs in the near future.

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