UAE

UAE launches new AED50 banknote to celebrate 50th anniversary

A new AED50 banknote has been issued by the UAE Central Bank to celebrate the country’s 50th National Day.

The new issue is the first banknote made of polymer material to be circulated in the UAE, in line with its sustainability initiatives.

The initiative comes in honor of the Founding Father, the late Shaikh Zayed, and the first generation of rulers of the Emirates, and their dedication and historical role in uniting the country.

It also has advanced security features, to enhance consumers’ confidence and to combat counterfeiting.

It will be available in Central Bank branches and ATMs in the near future. The current AED50 note will continue to be in circulation, as a banknote whose value is guaranteed by law.

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