Tag: central bank of uae

UAE Central Bank wins award for new banknote
Global

UAE Central Bank wins award for new banknote

The Central Bank of the UAE (CBUAE) has won the ‘Best New Banknote’ award for its new Dh1,000 banknote. The distinction was achieved due to the unique designs and innovative security features of the currency note. It was announced at the annual awards ceremony for the ‘Banknote and ID Document of the Year Awards’. The Central Bank of the UAE (CBUAE) won the ‘Best New Banknote’ award for its new AED1000 banknote. Characterized by unique designs, technical characteristics, and innovative security features at the regional level for the year 2023. This was announced in the annual awards ceremony for the Banknote and ID Document of the Year Awards. Which was held on the sideline of the High-Security Printing EMEA conference in Abu Dhabi from 8-10 March 2023. The CBUAE has used multi-colo...
Polymer Currency with enhanced security features issued by UAE
Business

Polymer Currency with enhanced security features issued by UAE

Earlier this week, the Central Bank of the UAE (CBUAE) issued two new polymer currency banknotes in the denominations of five and ten dirhams. They have advanced security features. Specifically, the CBUAE hopes that the newest banknotes will reflect the nation's development, imagination, and prescient over the subsequent fifty years. It's particularly within the financial and financial sectors. Gulf News reports that these matters follow up on the successful 50 dirham sample polymer notice. FEATURES OF UAE CURRENCY NOTES These two banknotes feature a transparent window with a portrait of Sheikh Zayed bin Sultan Al Nahyan and luminous graphics and inscriptions designed using intaglio printing techniques with a logo of the UAE national brand. CBUAE has kept the color features of...