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UAE upgrades 100 dirham banknote with Galaxy™ thread

Banknotes, NewsBy SMI 29/10/2018

The Central Bank of the United Arab Emirates (UAE) has issued images of its upgraded 100 dirham banknote that will reportedly be issued this week, featuring Louisenthal’s Galaxy™ security thread. The 100 dirham banknote of the current UAE series was first issued in 1982 but has since had several security feature upgrades. In this latest version, the…

Syria issues new denomination 2000 pound banknote

Banknotes, NewsBy SMI 04/07/2017

The Central Bank of Syria has issued a new high denomination 2,000 pound banknote featuring President Bashar al-Assad, the first time he has appeared on Syrian currency since he assumed office in July 2000. The note is one of several printed years ago, reportedly by Goznak, but, says Central Bank Governor Duraid Durgham, it was delayed…

UAE opens its first banknote printing plant

Banknotes, NewsBy SMI 13/03/2017

The UAE opened its first banknote printing plant, the Oumolat Security Printing LLC, on Saturday 11 March 2017 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The new UAE banknote printing plant is located in the Khalifa Industrial Zone in Abu Dhabi and aims to provide printing services for central banks across the Middle East. Historically,…

Israel prepares for launch of NIS 20 and NIS 100 banknotes

Banknotes, NewsBy SMI 01/02/2017

The Bank of Israel is preparing for the launch of the NIS 20 and NIS 100 banknotes, the final banknotes to be issued from its latest Series C banknote family. According to the Bank of Israel, the last two denominations of the new series are expected to be issued at the end of 2017. Preparations are underway…

Sixth issue Saudi banknote family designs revealed

Banknotes, NewsBy SMI 15/12/2016

The Saudi Arabian Monetary Authority has revealed the designs of the sixth issue of national banknotes and coins named “Confidence in Security”. The following video from the Saudi Arabian Monetary Authority (SAMA) is available from its website and its YouTube channel, introduces the designs of the new family of banknotes. Notably, the 1 riyal banknote…

Bahrain upgrades banknote security features

Banknotes, NewsBy SMI 15/09/2016

The Central Bank of Bahrain has upgraded its BD10 and BD20 banknotes with new security features. The notes, last issued in 2008, continue to use the same design but now include several new security features. Gemini® – from De La Rue. Shown at the top right of the front of the banknote as the Arabic numeral 10…

Israel issues new 200 shekels banknote

Banknotes, NewsBy SMI 24/12/2015

The Bank of Israel has released the next denomination in its new banknote series, the 200 shekels banknote. Yesterday, the Bank issued a press release advising that the new 200 denomination was being distributed to the public via commercial banks, ATMs and the Israel Postal Company. It is the second denomination of the ‘Series C…

Kuwait wins IACA banknote award

Banknotes, NewsBy SMI 19/05/2015

During the annual Currency Conference, held this year in Vancouver, Canada, the International Association of Currency Affairs (IACA) announced that the sixth issue of Kuwaiti Dinar banknotes had been awarded the 2015 International Award for Best Banknote Issue. The highly noted IACA award was determined by Central Banks from around the world and other international…