Breaking news

UAE 500 Dirham Polymer Banknote: Setting High Standards in EMEA Region

The UAE Central Bank’s 500 Dirham banknote has been celebrated as the ‘Best New Banknote Issue for 2025’ in the Europe, Middle East, and Africa (EMEA) region. This honor was announced at the prestigious High Security Printing EMEA conference in Basel, Switzerland.

This cutting-edge banknote, part of the UAE’s innovative third polymer series, has been praised for its advanced security features and a design emphasizing sustainability. Building on the technological advancements of the Dh1,000 note issued in 2023, its stunning three-dimensional design includes the largest surface-applied foil stripe in the Middle East.

Manufactured by Oumolat Security Printing, a subsidiary of the UAE Central Bank, the new note entered circulation on November 30, 2023. It highlights landmarks such as the Terra Sustainability Pavilion in Expo City Dubai and the Museum of the Future, reflecting the nation’s architectural prowess and dedication to green initiatives. Notably, it incorporates Braille symbols, showcasing a commitment to inclusivity.

The shift to polymer not only extends durability but also reduces environmental impact, as these materials are fully recyclable, aligning with the UAE’s vision for a sustainable economy. Similar initiatives can be seen with Cyprus’s own efforts in promoting renewable energy, like those detailed in our article on Cyprus’s Renewable Energy Targets for 2030.

Saif Humaid Al Dhaheri, Assistant Governor of the Central Bank of the UAE, noted, “We proudly lead the region in adopting banknotes with advanced security and sustainable materials. Our dedication to accessibility ensures that everyone, including the visually impaired, can easily identify our banknotes.”

Apple Ties Its Mac Strategy To The AI Boom With New Mac Mini And Mac Studio Models

Apple has updated its Mac Mini and Mac Studio desktops with new processors and higher AI performance as developers increasingly use Macs for local AI workloads. The new models are scheduled to ship on Sept. 22, weeks before the company is expected to introduce its next iPhone generation.

Macs Target Local AI Development

Developers and researchers are increasingly using Apple computers to run AI models locally, reducing reliance on cloud infrastructure. Mac Mini systems can support AI agent software, while Mac Studio machines are designed for more demanding model training and deployment workloads.

Apple said its processors combine Neural Engines for machine learning with unified memory architecture designed to reduce performance bottlenecks. The company says the combination allows users to run and fine-tune larger AI models directly on their devices.

Mac Mini Gets First M6 Generation Chip

The updated Mac Mini can be configured with Apple’s M6 and M5 Pro processors, making it the company’s first computer with an M6-generation chip. The M6 is manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC) using a 2-nanometer process.

The previous Mac Mini lineup offered M4, M4 Pro and M4 Max processors. Apple said the M5 Pro version of the new model can process large language model prompts 8.5 times faster than earlier Mac Mini Pro configurations.

Pricing has also increased. The new Mac Mini starts at $899, $100 more than the previous model, after Apple raised the price from $599 earlier this summer, citing higher memory costs.

Mac Studio Targets Larger AI Workloads

Mac Studio remains Apple’s highest-performance desktop without an integrated display, following the discontinuation of the Mac Pro earlier this year. New configurations include the M5 Max, which Apple says can run large language models nearly four times faster than the previous generation.

The M5 Ultra is available for users with heavier computing requirements. Apple says multiple Mac Studio systems using the Ultra chip can be connected to pool memory and run models with up to a trillion parameters.

Mac Studio with the M5 Max starts at $2,499, unchanged from the previous generation. The M5 Ultra configuration starts at $5,499, compared with at least $5,299 for the previous model using the M3 Ultra.

Apple Expands Its Local AI Hardware

The new desktops give developers and researchers more computing capacity for running AI models locally. Apple is also increasing the role of its custom processors and unified memory architecture in handling AI workloads without relying entirely on cloud-based computing.

Both Mac Mini and Mac Studio models are available for presale and are scheduled to begin shipping on Sept. 22.

Aretilaw firm
The Future Forbes Realty Global Properties
eCredo
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter