CBUAE issues new AED 500 polymer banknote

rawda samy - | UAE

CBUAE has issued a new polymer banknote of AED 500, which is aimed to highlight the United Arab Emirates' leadership in the field of sustainability, The new banknote depicts the tale of sustainability in the United Arab Emirates and the global efforts that the UAE has made to host the 28th Conference of Parties (COP28).

The CBUAE has issued a new polymer banknote worth AED 500.

Keeping in line with the vision of the wise leadership and embodying the United Arab Emirates' global leadership role in climate action and a sustainable future, which resulted in the country hosting the Conference of the Parties (COP28), the Central Bank of the United Arab Emirates (CBUAE) announced the issuance of a new AED 500 banknote made of polymer, This is part of the third issuance of the national currency project, which features distinctive designs and advanced security features, On the same day, the country celebrated its 52nd National Day.

The design of the new AED 500 banknote in the United Arab Emirates

The design of the banknote captures the United Arab Emirates' (UAE) journey in the realm of sustainability, including its pioneering approach to development, its worldwide role, its track record of climate action, and its ongoing commitment to advancing sustainable solutions, This commitment was recognized by the international community, as demonstrated by the United Arab Emirates being given the honor of hosting the 28th Conference of the Parties (COP28), This selection is in line with the UAE's forward-thinking strategy and active involvement in addressing global concerns, It is the vision of the wise leadership to speed up the process of transitioning to a green economy in order to secure a future that is based on sustainable growth, and this issuance provides support for that vision, The new AED 500 banknote emphasises the United Arab Emirates' commitment to sustainable development, which includes cultural and tourism sites as well as distinctive examples of successful sustainability, An photograph of the daring architecture of the Terra Sustainability Pavilion in Expo City Dubai is featured on the front side of the card. This pavilion is a demonstration of the United Arab Emirates' dedication to a sustainable future, which is based on the ideas that were established by the late Sheikh Zayed bin Sultan Al Nahyan, The Museum of the Future in Dubai, which is a marvel of architecture and engineering, is highlighted on the reverse side of the coin, This museum bridges the gap between the past and the future, Also prominent on the reverse side of the polymer banknote is an image of iconic landmarks, specifically Emirates Towers, On the right side of the banknote is the Burj Khalifa, which is the tallest building in the world, standing at 828 meters high with more than 160 floors, The Burj Khalifa is a shining example of sustainability because the majority of its power comes from solar energy.

A brand new polymer banknote in the United Arab Emirates, worth 500 AED

The CBUAE decided to use polymer material for the latest version of the AED 500 notes, Due to the fact that the CBUAE chose to use polymer material, the new banknote is at least two times more durable than the traditional banknotes, This decision was made as part of a deliberate shift towards sustainability, The fact that this material is completely recyclable greatly lessens the impact it has on the environment, The aesthetic characteristics of the banknote include a variety of blue colors that are harmonious with one another, These shades are a reflection of the currency of the same denomination that is currently in circulation, which makes it easier for the general public to identify the banknote. The United Arab Emirates (UAE) national trademark is characterized by fluorescent blue markings on the reverse side, which are complemented by detailed drawings and engravings that make use of superior intaglio printing processes, The United Arab Emirates (UAE) is the first country in the Middle East to use the largest foil strip of this kind on banknotes, The AED 500 banknote incorporates multi-colored security chip technology known as KINEGRAM COLORS®, which is a feature that introduces improved security features, These technologies were initially implemented in the new version of the AED 1000 banknote, which was a first in the territories of Europe, the Middle East, and Africa, The purpose of this intervention was to combat counterfeiting, Consumers who are blind or visually impaired will find it easier to recognize the currency and determine its worth thanks to the inclusion of conspicuous symbols in braille, which was done by the CBUAE as part of its ongoing commitment to inclusivity.

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