UAE launches new Dirham symbol reflecting national identity
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The UAE has introduced a new symbol for its national currency, the Dirham, which was unveiled by the Central Bank of the UAE (CBUAE) on Thursday.
The new design will be used for both physical and digital forms of the Dirham.
The symbol draws inspiration from the UAE's flag and embodies the nation's strength and unity. It features two horizontal lines representing the stability of the Dirham, while the flag's elements highlight the power and unity of the country.
In its digital form, the Dirham symbol is encircled by a ring, symbolising security and continuity, while echoing the shape of a digital token. This design reflects the UAE's commitment to financial innovation.
Incorporating the colours of the UAE flag—green, white, red, and black—the symbol's structure forms the letter 'D' for Dirham, further integrating the flag's lines.
The design's curves are inspired by traditional Arabic calligraphy, giving it an elegant and strong presence.
The unveiling of the new symbol is part of the UAE's broader efforts to strengthen the Dirham's relevance on the international stage.
Recently, the UAE became the first Arab nation to join the FX Global Code, further cementing its position in global finance.
Looking ahead, the Central Bank plans to launch the "Digital Dirham" by 2025. This digital currency, based on blockchain technology, aims to enhance transaction security, improve speed, and reduce costs for both individuals and businesses.
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