UAE's new AED 1,000 banknote to come into circulation from April 10

The UAE Central Bank has announced that the new AED 1,000 banknote, which was unveiled as part of the country's 51st National Day celebrations, will come into circulation from April 10.

It will be available at banks and exchange houses, while the current AED 1,000 note will continue to be in circulation.

The currency is designed to pay tribute to the UAE's major achievements in space exploration and climate action.  

The front side features an image of the late Sheikh Zayed bin Sultan Al Nahyan, next to a model of a space shuttle, marking his 1976 meeting with the pioneers of NASA.

The words 'Emirates Mission to Explore Mars - the Hope Probe' are printed on the left side, with an image of an astronaut appearing on both sides of the currency as a security mark. It marks the arrival of the first Emirati astronaut to space.

The back of the note depicts the Barakah Nuclear Energy Plant, which highlights the country's efforts towards reducing carbon emissions and tapping into clean energy.  

Made of polymer, the currency will feature advanced security features and prominent symbols in Braille to help the visually impaired identify the currency.

More from Business News

  • UK's Jaguar Land Rover to halt US shipments over tariffs

    Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

On Virgin Radio today

Trending on Virgin Radio