
What happened with the International Ease of Doing Business Index?
A report used around the world When companies are looking to expand abroad, there are a number of factors that go into choosing a new
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Currency Profile
The UAE Dirham is the official currency of the United Arab Emirates. It was introduced in 1973 to replace the Qatar and Dubai Riyal. The dirham is divided into 100 fils and is pegged to the US Dollar at a rate of AED three-point-six-five per USD.
Coin designs on the obverse side of the dirham include a Falcon, the national emblem of the UAE, while the reverse side features traditional Arabic calligraphy. In 2018, a new dirham coin was introduced with a more modern design.
Dirham notes come in denominations of five, ten, twenty, fifty, one hundred, and 200 dirhams. The 500 dirham note was introduced in 2000 but is not frequently used.
The UAE Dirham is one of the strongest currencies in the world and is accepted by most businesses in the country.
When you need to convert the Emirati dirham you can do it both in your online account and by calling the team
A report used around the world When companies are looking to expand abroad, there are a number of factors that go into choosing a new
Following the announcement of the death of HRH Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, President of the UAE and Ruler of the Emirate of
When you hear the term ‘Currency Union’ you probably think: Euro. Most people would. It’s by far the most high profile and successful monetary union.