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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.”

Greece Remains Top Destination For Cypriot Travelers With 600,000 Visits

Greece remains the most visited destination for travelers from Cyprus, with close to 600,000 Cypriots visiting in the previous year. The figures reflect continued travel flows between the two countries as tourism patterns evolve.

New Initiatives Targeting Cypriot Travelers

At an event organised by the Greek National Tourism Organisation, officials presented measures aimed at maintaining and expanding interest from Cypriot travelers. Athena Spakouri, board director at the organisation, said the approach includes promoting both established destinations and less-visited regions, with a focus on local experiences.

Enhanced Connectivity And Cultural Ties

Travel links between Greece and Cyprus continue to support tourism activity. Konstantinos Kollias, Greek Ambassador to Cyprus, referred to frequent flights, short travel times, and ferry connections such as the Limassol–Piraeus route. These links contribute to consistent travel demand and reflect ongoing cultural and economic connections between the two countries.

Diversification Of Tourism Offerings

Tourism strategy also includes expanding beyond traditional beach travel into segments such as cultural tourism, religious travel, gastronomy, agrotourism, and ecotourism. This broader offering is intended to attract different visitor groups and extend travel activity across seasons. Airlines, including Aegean Airlines, Sky Express, and Cyprus Airways, are expected to support connectivity through expanded schedules.

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