The UAE's currency was introduced on May 20, 1973, a little more than two years after the country was formed.
Prior to the dirham, the rupee, dinar and even the Maria Theresa silver thaler were used.
In this weekly series, The National breaks down the historical and cultural significance of the designs for each of the dirham denominations.
Dh100
Always a welcome presence in your wallet, the Dh100 note was the highest denomination in general circulation when it was introduced in 1973.
The original note was green, and superficially resembled today's Dh10. Mixing the two up would be an unfortunate mistake to make.
The design on the English language face was a charming scene of Khor Fakkan on the Gulf of Oman, with a dhow and buildings that include a mosque and the fish market.
Although almost completely surrounded by Fujairah, Khor Fakkan is part of Sharjah, which also features on the Dh1 note and was the only emirate to be included twice on the original issue.
Design changes in 1982 meant the Dh100 note became the familiar pink or pale red (depending on your point of view) that we see today.
On the Arabic face is Al Fahidi Fort in Dubai, once the home of the emirate's Ruler and now the Dubai Museum. The reverse is the World Trade Centre, once the tallest building in the Middle East and still a symbol of Dubai's extraordinary progress in barely half a century.
If you have recently made a large withdrawal from a bank, take a closer look at your Dh100 notes and you may find the second version.
This was released in 2018 to mark the Year of Zayed and the 100th anniversary of the Founding Father's birth. The World Trade Centre on the English side is replaced with an image of Sheikh Zayed Bridge in Abu Dhabi, and on the reverse is the official symbol of the Year Of Zayed with his portrait.
The inspiration behind the design of the UAE's currency
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Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India
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What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
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Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
Results
5pm: Maiden (PA) Dh80,000 (Turf) 2,200m; Winner: Gurm, Antonio Fresu (jockey), Eric Lemartinel (trainer)
5.30pm: Handicap (PA) Dh80,000 (T) 1,600m; Winner: Al Nafece, Al Muatasm Al Balushi, Mohammed Ramadan
6pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,200m; Winner: Ashton Tourettes, Adrie de Vries, Ibrahim Aseel
6.30pm: Arabian Triple Crown – Group 3 (PA) Dh300,000 (T) 2,200m; Winner: Ottoman, Adrie de Vries, Abdallah Al Hammadi
7pm: Liwa Oasis – Group 2 (PA) 300,000 (T) 1,400m; Winner: Hakeemat Muscat, Szczepan Mazur, Ibrahim Al Hadhrami
7.30pm: Handicap (TB) Dh80,000 (T) 1,600m; Winner: Ganbaru, Antonio Fresu, Musabah Al Muhairi
ABU DHABI ORDER OF PLAY
Starting at 10am:
Daria Kasatkina v Qiang Wang
Veronika Kudermetova v Annet Kontaveit (10)
Maria Sakkari (9) v Anastasia Potapova
Anastasia Pavlyuchenkova v Ons Jabeur (15)
Donna Vekic (16) v Bernarda Pera
Ekaterina Alexandrova v Zarina Diyas
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
'Gold'
Director:Anthony Hayes
Stars:Zaf Efron, Anthony Hayes
Rating:3/5