Tag Archives | Currency

New 50 Dirhams currency note to be out soon

The Central Bank of the United Arab Emirates announced that it would put in circulation an amended Dh50 Dirhams currency note, reprinted with new security featurea, through the silver metallic thread on the front of the note with a broader (3mm) colour shifting thread reading “UAE 50”. In a statement, the bank explained that the […]

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Khaliji: Common Gulf Currency to launch in 2010

Khaliji: Common Gulf Currency to be launched in 2010. The Gulf common currency is just 12 months away. Economists at the Dubai International Financial Centre have tentatively named the new common currency the “Khaliji”. Although the baptism is not yet officially approved, DIFC economists are hopeful that the proposed name will find favour with the […]

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