The UAE Central Bank has released a new AED1,000 note as part of the country’s National Day celebrations.
The new AED1,000 note depicts images of the late Sheikh Zayed bin Sultan Al Nahyan as well as nodding towards the UAE’s space and nuclear ambitions.
The polymer note has an innovative design and advanced security features.
New-look UAE bank note
The Central Bank (CBUAE) says the design highlights the spirit of the union and the nation’s success story.
The front side of the new banknote depicts the image of the late Sheikh Zayed bin Sultan Al Nahyan, next to a model of a space shuttle.
This was inspired by the meeting of the late Sheikh Zayed bin Sultan Al Nahyan with the pioneers of the American space agency NASA in 1976, to express the ambitions of the founding leader to position the country among the pioneering explorers of the space.
This ambition was achieved in the Emirates Mars Mission “Hope Probe” journey in 2021, and it was embodied in the new banknote by placing the image entitled “Emirates Mission to Explore Mars – the Hope Probe” at the top of the banknote, left of late Sheikh Zayed image, to showcase the UAE’s unique global position in space science and industry.
The Central Bank was also keen to focus on another global achievement , by placing an image of the Barakah Nuclear Energy Plant in the Emirate of Abu Dhabi at the back side of the new banknote.
The plant will play a key role in diversifying energy sources in the country, reduce carbon emissions and hence enable the UAE to advance further in meeting its international obligations in this regard.
The new AED1,000 banknote highlights CBUAE’s continuous efforts to adopt sustainable practices by using recyclable polymer material, which is one of today’s top modern elements in the banknotes production.
They are more durable and sustainable than traditional paper banknotes, lasting two or more times longer in circulation.
The new banknote will be available in Central Bank branches and ATMs in the first half of 2023.
The current AED1,000 note will continue to be in circulation, as a banknote whose value is guaranteed by law.
Khaled Mohamed Balama, Governor of the CBUAE, said: “The issuance of the new AED1,000 banknote comes under the vision of UAE’s President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to keep-up with the comprehensive development our country is witnessing, and represent UAE’s global achievements and successes, as well as highlight its future ambitions in various sectors.”
New-look AED5, AED10 and AED50 banknotes entered circulation earlier this year.
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