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On 7 December 2021, a redesigned polymer Dhs 50 note was released to commemorate the golden jubilee of the country on 2 December 2021, making it the UAE's first polymer banknote. [6] Additional new polymer banknotes of Dhs 5 and Dhs 10 were introduced on 21 April 2022, [ 7 ] with the Dhs 1000 released in the first half of 2023, [ 8 ] and the ...
The predecessor of the central bank was the Currency Board which was established on 19 May 1973. [3] This followed the creation of the UAE as an independent state in 1971. The original purpose of the UAE Currency Board was to issue an independent currency for the new state to replace the existing currencies in use: the Qatari riyal and the ...
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
22 February - Museum of the Future opened by the Government of the United Arab Emirates. [8] The choice of the date was officially made because 22 February 2022 is a palindrome date. [9] It is a landmark devoted to innovative and futuristic ideologies located in the Financial District of Dubai. It has three main elements: green hill, building ...
"United Arab Emirates Time Line", Atlas of the Middle East, Washington DC: US Central Intelligence Agency, 1993 – via University of Texas, Perry–Castañeda Library Map Collection "UAE". Political Chronology of the Middle East. Europa Publications. 2001. ISBN 978-1-135-35673-6. Malcolm C. Peck (2007). "Chronology".
The cabinet of the United Arab Emirates approves the establishment of an embassy in Tel Aviv. [1] [2] [3] Israel opens an embassy in the United Arab Emirates, appointing Eitan Na'eh as head of the envoy. It will be in a temporary office, until a permanent location will be set up. [1]
The Food and Drug Administration's new rules on "healthy" food labels are voluntary and are scheduled to take effect at the end of February.
Expo 2020 was a World Expo hosted by Dubai, in the United Arab Emirates, from 1 October 2021 to 31 March 2022. Originally scheduled for 20 October 2020 to 10 April 2021, it was postponed due to the COVID-19 pandemic in the United Arab Emirates. [105] Despite being postponed, organizers kept the name Expo 2020 for marketing and branding purposes ...