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Home Gulf News

UAE introduces a new, specially designed Dhs500 polymer banknote.

November 30, 2023
in Gulf News, Dubai, UAE
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UAE introduces a new, specially designed Dhs500 polymer banknote.

Coinciding with the nation’s celebration of its 52nd Union Day, the Central Bank of the UAE (CBUAE) announced the issuance of a new Dhs500 polymer banknote, in keeping with the vision of the wise leadership and embodying the UAE’s global leadership role in climate action and a sustainable future, which culminated in its hosting of COP28. This is a piece of the third national currency project issuance, with unique designs and cutting-edge security features.

The banknote’s design perfectly captures the UAE’s history of sustainability, its innovative approach to growth, its place in the world, its record of addressing climate change, and its unwavering dedication to promoting sustainable solutions. The UAE’s selection to host COP28 is proof of the international community’s recognition of this commitment, which is consistent with the UAE’s creative thinking and proactive participation in addressing global issues. The announcement is in line with the astute leadership’s plan to quicken the shift to a green economy in order to guarantee a sustainable development-based future.

The new Dhs500 banknote showcases the UAE’s sustainable developments incorporating culture and tourism monuments and distinctive concepts of sustainability. The front side features a picture of the striking Terra Sustainability Pavilion architecture at Expo City Dubai, which is a symbol of the UAE’s dedication to a sustainable future based on the values established by the late Sheikh Zayed Bin Sultan Al Nahyan.

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