UAE leaders attend launch of new Dh50 banknote


Sarah Forster
  • English
  • Arabic

A new Dh50 banknote has been issued by the UAE Central Bank to celebrate the country's 50th National Day.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, attended the unveiling of the third issue of the note on Tuesday.

The banknote has a picture of the Founding Father, Sheikh Zayed, and the other founding Rulers, according to state news agency Wam. It also features a number of national and historical monuments.

The redesign is in honour of Sheikh Zayed, the founding Rulers and their dedication to uniting the country.

  • From left, Sheikh Mohammed bin Rashid, Sheikh Mohamed bin Zayed and Sheikh Hamad bin Mohammed Al Sharqi. Mohamed Al Hammadi / Ministry of Presidential Affairs
    From left, Sheikh Mohammed bin Rashid, Sheikh Mohamed bin Zayed and Sheikh Hamad bin Mohammed Al Sharqi. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • The design of the new currency from the UAE Central Bank. Wam
    The design of the new currency from the UAE Central Bank. Wam
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, left, and Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, centre, witness the launch of the UAE's new currency. Seen with Khaled Mohammed Balama, Governor of the Central Bank of the UAE. Mohamed Al Hammadi / Ministry of Presidential Affairs
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, left, and Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, centre, witness the launch of the UAE's new currency. Seen with Khaled Mohammed Balama, Governor of the Central Bank of the UAE. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • Pictured, from left, Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Sheikh Sultan bin Mohammed Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, Sheikh Saud bin Rashid Al Mualla, Ruler of Umm Al Quwain, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohamed bin Zayed and Sheikh Hamad bin Mohammed Al Sharqi, along with Mr Balama. Mohamed Al Hammadi / Ministry of Presidential Affairs
    Pictured, from left, Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Sheikh Sultan bin Mohammed Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, Sheikh Saud bin Rashid Al Mualla, Ruler of Umm Al Quwain, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohamed bin Zayed and Sheikh Hamad bin Mohammed Al Sharqi, along with Mr Balama. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • From left, Sheikh Ammar bin Humaid Al Nuaimi, Sheikh Sultan bin Mohammed Al Qasimi, Sheikh Saud bin Saqr Al Qasimi, Sheikh Saud bin Rashid Al Mualla and Sheikh Mohammed bin Rashid. Mohamed Al Hammadi / Ministry of Presidential Affairs
    From left, Sheikh Ammar bin Humaid Al Nuaimi, Sheikh Sultan bin Mohammed Al Qasimi, Sheikh Saud bin Saqr Al Qasimi, Sheikh Saud bin Rashid Al Mualla and Sheikh Mohammed bin Rashid. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • Pictured, from left, Sheikh Ammar bin Humaid Al Nuaimi, Sheikh Sultan bin Mohammed Al Qasimi, Sheikh Saud bin Saqr Al Qasimi, Sheikh Saud bin Rashid Al Mualla, Sheikh Mohammed bin Rashid, Sheikh Mohamed bin Zayed and Sheikh Hamad bin Mohammed Al Sharqi, with Mr Balama. Mohamed Al Hammadi / Ministry of Presidential Affairs
    Pictured, from left, Sheikh Ammar bin Humaid Al Nuaimi, Sheikh Sultan bin Mohammed Al Qasimi, Sheikh Saud bin Saqr Al Qasimi, Sheikh Saud bin Rashid Al Mualla, Sheikh Mohammed bin Rashid, Sheikh Mohamed bin Zayed and Sheikh Hamad bin Mohammed Al Sharqi, with Mr Balama. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • The new Dh50 banknote is adorned with an image of the UAE's Founding Father, Sheikh Zayed. Photo: Dubai Media Office
    The new Dh50 banknote is adorned with an image of the UAE's Founding Father, Sheikh Zayed. Photo: Dubai Media Office

"We see, in this issuance, the new phase that the UAE will enter and a renewed pledge to continue its growth path," said Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, and chairman of the board of directors of the UAE Central Bank, according to the Wam report.

"The occasion also allowed us to express our appreciation and gratitude to our founding fathers by issuing a new [Dh50] banknote to celebrate the 50th anniversary of the establishment of the UAE."

The front of the new note has a portrait of the late Sheikh Zayed on the right and the commemorative picture of the founding Rulers after signing the Union document.

It also has a picture of Wahat Al Karama – the memorial to the heroes of the Emirates – on the left side.

The reverse has a picture of Sheikh Zayed signing the Union agreement, as well as a picture of Etihad Museum, which is where the Union was established and the UAE flag raised for the first time.

The banknote is made of polymer, which allows for enhanced security features such as a see-through window and holograms.

Polymer banknotes are more durable and sustainable than traditional banknotes, which are made of cotton paper. They can also be recycled.

The design has different shades of violet and fluorescent blue colours at the note's centre, along with drawings and inscriptions.

In this issue, the Central Bank took into consideration all banknote users by adding symbols in Braille to help blind and visually-impaired people identify the note.

The new note will be available at Central Bank branches and ATMs soon. The current Dh50 note will continue to be in circulation and accepted as currency.

Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah; Sheikh Saud bin Rashid Al Mualla, Ruler of Umm Al Quwain; Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah; Sheikh Sultan bin Mohammed Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, also attended the unveiling ceremony.

UAE currency: The old Dh50 note was a tribute to the desert

ICC Intercontinental Cup

UAE squad Rohan Mustafa (captain), Chirag Suri, Shaiman Anwar, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Saqlain Haider, Ahmed Raza, Mohammed Naveed, Imran Haider, Qadeer Ahmed, Mohammed Boota, Amir Hayat, Ashfaq Ahmed

Fixtures Nov 29-Dec 2

UAE v Afghanistan, Zayed Cricket Stadium, Abu Dhabi

Hong Kong v Papua New Guinea, Sharjah Cricket Stadium

Ireland v Scotland, Dubai International Stadium

Namibia v Netherlands, ICC Academy, Dubai

THE DETAILS

Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

Pad Man

Dir: R Balki

Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte

Three-and-a-half stars

Updated: December 23, 2021, 11:27 AM