UAE and Seychelles Boost Parliamentary Cooperation

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  In a step toward deepening international collaboration, the UAE Parliamentary Friendship Committee recently held a pivotal meeting with Waven William, Chairperson of the International Affairs Committee of the National Assembly of Seychelles. The agenda: enhancing parliamentary cooperation and forging stronger bilateral relations between the two nations. The dialogue, marked by mutual respect and shared interests, focused on the importance of inter-parliamentary exchange in fostering diplomatic and developmental ties. Both sides emphasized the need for collaborative approaches to global challenges such as climate change, economic diversification, and sustainable development — issues that resonate deeply with both countries given their strategic geographic locations and shared ambitions. Waven William lauded the UAE’s rapid progress in governance and innovation and expressed interest in learning from the UAE’s successful models of economic and social development. The UAE representa...
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The story behind UAE's own currency

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The UAE was formed in December 1971 but it took more than a year before the new country got its own currency.

On May 20, 1973, in came the dirham and out went the rupee, the dinar, the riyal and even the Maria Theresa silver thaler.

Having a currency was an expression of sovereignty and unity, especially when so many others had been in circulation throughout the seven emirates.

The new designs were another reflection of this, incorporating familiar symbols and landmarks.

Since then, there have been five issues of banknotes and various design changes. The Dh500 made its debut in 1983, and the Dh200 in 1989.





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