The design embodies the stability of the Emirati currency while paying tribute to national pride
The UAE Central Bank has unveiled a striking new symbol for the dirham, marking a major step in solidifying the country’s role as a global financial leader.
The design, featuring two horizontal lines inspired by the UAE flag, embodies the stability of the Emirati currency while paying tribute to national pride.
The new symbol will represent both the physical dirham and its upcoming digital counterpart.
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The digital dirham, set for release later this year, will include a circular symbol around the physical currency emblem, also reflecting the UAE flag’s colours.
The central bank is pushing forward with its Central Bank Digital Currency (CBDC) as part of the broader Financial Infrastructure Transformation initiative, which was launched in 2023.
The digital dirham will allow users to make retail, wholesale, and cross-border transactions.
Individuals and businesses can obtain it through licensed financial institutions like banks and fintech companies. The initiative is backed by partnerships with G42 Cloud and R3, bringing secure technology to the new currency.
With the digital dirham’s debut on the horizon, the UAE is positioning itself as a pioneer in the evolving world of digital finance.
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