The Central Bank of the UAE (CBUAE) has unveiled a new symbol for the UAE Dirham, reinforcing the country’s commitment to becoming a leading global financial hub. The new Dirham symbol, inspired by the English letter "D" and featuring two horizontal lines for financial stability, reflects the UAE’s modern identity while honoring its national flag.

 

A Step Towards Digital Transformation

Alongside the new Dirham symbol, the CBUAE shared progress on its Digital Dirham initiative, a key part of the UAE’s Financial Infrastructure Transformation (FIT) Programme. The Digital Dirham, backed by blockchain technology, is expected to launch for the retail sector by the end of 2025. It aims to offer a secure, efficient, and low-cost digital payment solution, driving financial innovation and financial inclusion.

The digital currency will feature a circular design incorporating UAE flag colors, symbolizing national pride and financial evolution.

 

Key Features of the Digital Dirham

• Tokenisation – Enabling fractional ownership of digital assets.

• Smart Contracts – Automating financial transactions for faster, secure settlements.

• Integrated Digital Payment Platform – Featuring a dedicated Digital Dirham wallet for retail payments, wholesale payments, cross-border payments, money transfers, and withdrawals.

The platform will allow licensed financial institutions — including banks, exchange houses, and fintech firms — to facilitate Digital Dirham transactions.

This new Dirham symbol and the Digital Dirham wallet mark a significant milestone towards a future-ready, innovative financial ecosystem for the UAE.

 

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