The UAE has introduced a new symbol for its national currency, the Dirham, which was officially unveiled by the Central Bank of the UAE (CBUAE) on Thursday.
The newly designed symbol will be used for both physical and digital versions of the Dirham.
Drawing inspiration from the UAE flag, the symbol represents the nation’s strength and unity. It features two horizontal lines symbolizing the Dirham’s stability, while elements of the flag highlight the country’s power and cohesion.
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For its digital form, the Dirham symbol is enclosed within a ring, signifying security and continuity, while resembling a digital token. This design reflects the UAE’s dedication to financial innovation.
The symbol incorporates the UAE flag’s colors—green, white, red, and black—while its structure forms the letter “D” for Dirham, seamlessly integrating the flag’s elements.
The design is further influenced by traditional Arabic calligraphy, giving it a sophisticated and bold appearance.
The introduction of this new symbol aligns with the UAE’s broader strategy to enhance the Dirham’s global recognition and influence.
Additionally, the UAE recently became the first Arab nation to join the FX Global Code, strengthening its role in international finance.
Looking ahead, the Central Bank plans to introduce the “Digital Dirham” by 2025, utilizing blockchain technology to enhance security, accelerate transactions, and reduce costs for individuals and businesses.