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UAE Rulers, Crown Princes witness launch of AED50 banknote as part of nation’s 50th anniversary celebrations

ABU DHABI, 7th December, 2021 (WAM) — The UAE leaders witnessed on Tuesday the launch of the third issue of the national currency of AED50, in line with the UAE’s celebrations of the Golden Jubilee of its union, which was established on 2 December 1971. The new issue is the first banknote made of polymer material to be circulated in the UAE.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah; H.H. Sheikh Saud bin Rashid Al Mu'alla, Supreme Council Member and Ruler of Umm Al Qaiwain; H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah; H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah; and H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, attended the announcement ceremony.

The initiative comes in honour of the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and the first generation of rulers of the Emirates, and their dedication and historical role in uniting the country.

Speaking on the occasion, H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), said that this initiative perpetuates the exploits of the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and the first generation of rulers of the UAE, to commemorate their dedication, and in recognition of their historical role in uniting the country under one flag.

"We see in this issuance the new phase that UAE will enter, and a renewed pledge to continue its growth path. The occasion also allowed us to express our appreciation and gratitude to our founding fathers by issuing a new AED50 banknote to celebrate the fiftieth anniversary of the establishment of the UAE," H.H. Sheikh Mansour said.

The front of the new banknote features a portrait of the late Sheikh Zayed bin Sultan Al Nahyan on the right, and the memorial picture of the founding fathers after signing the union document in the centre, in addition to a picture of Wahat Al Karama – the memorial to the martyrs of the Emirates – on the left.

The reverse of the banknote includes a picture of the late Sheikh Zayed bin Sultan signing the union agreement, and a picture of Etihad Museum, which witnessed the establishment of the union and the raising of the UAE flag for the first time.

In line with its sustainability initiatives, the CBUAE is introducing the new issuance of the AED50 national currency as the first UAE banknote made of polymer. The best material for this purpose, polymer banknotes are more durable and sustainable than traditional cotton paper banknotes, lasting two or more times longer in circulation. The polymer can be completely recycled, thus reducing their environmental footprint.

The design of this new banknote contains distinctive aesthetic characteristics, with different shades of violet, fluorescent blue marks of the UAE nation brand in the centre, and drawings and inscriptions created using advanced intaglio printing techniques. In this issue, the CBUAE was keen to maintain its consideration of all banknote users by adding prominent symbols in Braille to help blind and visually-impaired consumers to identify the banknote’s value.

The new AED50 banknote also has advanced security features, to enhance consumers’ confidence and to combat counterfeiting.

The new banknote will be available in Central Bank branches and ATMs in the near future. The current AED50 note will continue to be in circulation, as a banknote whose value is guaranteed by law.

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Emirates

Sultan bin Ahmed witnesses opening of 4th Arab Forum for Cultural Heritage

SHARJAH, 29th May, 2023 (WAM) — H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, witnessed on Monday, the inauguration of the 4th Arab Forum for Cultural Heritage (2023), organised by The Regional Office for the Conservation of Cultural Heritage (ICCROM-Sharjah), in cooperation with the Arab League Educational, Cultural, and Scientific Organisation (ALECSO) and Sharjah Institute for Heritage, at ICCROM's headquarters' in University City.
Dr. Zaki Aslan, Director of ICCROM – Sharjah, pointed to the importance of preserving urban heritage in the Arab world, stressing that the forum is theme mainly focuses on the needs of the current stage and the countries' goals and priorities that fall into sustainable development 2030.
He pointed out that the forum coincides with the celebration of the tenth anniversary of the founding of the office, with the support and generous hosting of the Sharjah government, as the ICCROM-Sharjah office turned the office after its establishment over more than ten years into a reference institution for the protection, promotion, and preservation of the rich cultural heritage.

In his speech, Dr. John Robbins, Chair of the Executive Board of ICCROM, discussed the relationship between three essential concepts in cultural heritage. One of these concepts is very old, urbanism. At the same time, the other two, resilience, and community care for cultural heritage, are contemporary, and the conference highlights the urgent need to address the intersection of these three themes.
Dr. Mohamed Ould Omar, Director General of ALECSO, addressed in a speech that the forum's topic reflects the importance of the results reached by research and studies related to cultural heritage and awareness of various factors involved in it. Furthermore, it deals with one of the oldest concepts known to humanity in organising living and stability, which is urbanisation, and the theories, ideas, and approaches crystallised around it, on top of which is the approach that this forum addresses, which is the culture of urbanisation and the resilience of heritage .

Dr. Abdulaziz Al Musallam, President of the SIH, explained that the forum met with Sharjah's great efforts, stating that the forum embodies Sharjah's vision of preserving urban heritage.
Dr. Dina Assaf, the United Nations Resident Coordinator in the United Arab Emirates, added that cultural heritage speaks out about peoples' identity and who we are as a human society, as the theme of the forum this year is a reminder that urbanisation is not just physical structures, but rather an embodiment that reflects identity, traditions, and ambition.

The forum focuses this year on five main axes: urbanisation, the importance of urbanisation in enhancing the role of society in the sustainability of cultural heritage, heritage as a tool for resilience, societal adjustment and culturally-based flexibility, and inclusion of cultural heritage in policies as a methodology for community cohesion, inclusivity, and equality.
The Fourth Arab Forum for Cultural Heritage sheds light on ways that enable society to preserve its cultural heritage in the face of threats.

It also discusses the role of the culture in the resilience and preservation of historical environments and how they cope during and after crises.

The forum will also discuss the concept of urbanisation, focusing on the societal dimension and adaptation stemming from local contexts, traditional knowledge, and others as tools for cultural heritage sustainability.

It will also serve as a platform to start interdisciplinary conversations on practices to increase the recovery of cultural heritage from conflict and climate change.

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Emirates

Dubai’s Department of Economy and Tourism launches ‘QR Code’ initiative for Holiday Homes in Dubai

DUBAI, 29th May, 2023 (WAM) — Dubai’s Department of Economy and Tourism (DET) today announced the launch of a new QR Code initiative for Holiday Homes in Dubai, as part of efforts to improve transparency and increase confidence among investors and visitors in the short-term rental market.
Launched as part of Dubai's commitment to supporting the continuous growth of the hospitality industry, the initiative is closely aligned with the goals of the Dubai Economic Agenda (D33) to further consolidate Dubai's position as one of the top three global cities.

Additionally, the initiative is in line with Dubai's digital transformation strategy, which seeks to establish the emirate as a leading global smart city.
As part of the initiative, owners of Holiday Homes will now be required to display a QR code on the main entrances of their vacation properties in Dubai.

This code enables visitors and guests to conveniently scan it and access essential information about the operator of the Holiday Home and the relevant contact details for DET.

The initiative will also facilitate oversight and inspections conducted by the Dubai Corporation for Consumer Protection and Fair Trade, part of DET, ensuring strict compliance with procedures.
DET’s Dubai Business License Corporation will oversee the implementation of the QR Code project, which will further enhance the city’s diverse hospitality infrastructure catering to the varied preferences and budgets of international travellers.
Shaikha Al Mutawa, Director of Hospitality Affairs Department at Dubai’s Department of Economy & Tourism (DET) said: “As we continue to navigate the ever-changing landscape of the tourism industry, we recognise the importance of innovation and technology in further bolstering Dubai’s image as a must-visit destination. To ensure the effective governance of the Holiday Homes segment, we are introducing QR codes, as a part of the ongoing digital transformation process across customer and visitor touchpoints in the city. It is also a testament to our commitment to providing exceptional experiences for our guests in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai the best city to visit, live in and work. We are also continuously taking steps to offer flexible and multiple options year-round in the short-term rental market, thereby strengthening confidence among investors and potential guests.”
According to DET data, the Holiday Homes segment has registered excellent growth, reaching 21,132 units (+45.5% YoY), with 32,794 rooms (+40.7 % YoY) by the end of March 2023, compared to the same period in 2022 (14,518 units and 23,299 rooms). Additionally, Holiday Homes hosted 137,144 guests in Q1 2023.
Dubai’s Holiday Homes features a diverse range of residential units, including studios, apartments, and villas in gated communities, as well as properties in farms located in the Hatta area, providing privacy and ample space for families as well as a unique vacation opportunity for guests that transcends traditional hospitality experiences.
The Dubai Business Licence Corporation (DBLC) offers licences and permits for licensed establishments to manage and document their activities based on the Holiday Homes classification system.

Dubai’s Holiday Homes market undergoes a rigorous classification process, periodically categorised into tourist and luxury units and villas, based on the conditions set by DET, which conducts inspections to ensure that the units meet the approved classification criteria.

Detailed information can be found by accessing a guide for operating vacation homes, available on DET’s website for Holiday Homes at https://hh.dtcm.gov.ae/holidayhomes/Welcome.aspx.

The guide is updated regularly to align with updates in the sector and as per the needs of stakeholders.
The Department also addresses complaints and disputes, offering solutions in a timely manner via ecomplaints@dubaitourism.ae. Non-compliance with the Holiday Home standards, rules and requirements will result in warnings for violators, and if there is any recurrence in violations it could lead to the imposition of penalties on the operator. The Department will also not issue a classification certificate to the Holiday Homes property unless all specified conditions, specifications, requirements, and technical equipment are met.

For updates, procedures, and instructions on Holiday Homes, visit https://www.dubaitourism.gov.ae/en/legislative-news/holiday-homes-regulation-guide-2022

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Emirates

Over 1,000 CEOs joined path to reducing global emissions: Razan Al Mubarak

ABU DHABI, 29th May, 2023 (WAM) — Razan Al Mubarak, UN Climate Change High-Level Champion for COP28 and president of the International Union for Conservation of Nature (IUCN), highlighted the UAE’s keenness to launch more positive and ambitious initiatives and engage with all relevant parties, as the world needs tangible solutions to address climate challenges.
In an interview with the Emirates News Agency (WAM), Al Mubarak revealed that more than 1,000 private sector executives and members of the Dubai Chamber had joined the path towards reducing global emissions by half by 2030 and reaching zero emissions by 2050.
She also called on more institutions to continue their diligent efforts and raise their ambitions and commitment to remove carbon and adopt environmentally-friendly measures to combat climate change, stressing the need to listen to everyone's opinions so that they can play an active and engaged role in the path to COP28 and beyond.
The event, titled “Road to COP28: Driving Collective Climate Action in the UAE,” provided an opportunity for all local stakeholders and non-governmental actors to learn more about COP28’s climate leadership roles and presidency, including international climate initiatives, such as “Race to Zero” and “Race to Resilience,” in addition to the UAE Alliance for Climate Action.

The event coincided with the UAE's preparations to host COP28.

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