December 29, 2021
2 mins read

7 silver coins issued to honour founding fathers

The CBUAE will issue 3000 sets comprising seven silver coins, each of which is worth AED50 and weighs 28 grammes…reports Asian Lite News

The Central Bank of the United Arab Emirates (CBUAE) announced the issuance of seven commemorative silver coins in one set to mark the 50th anniversary of the founding of the Union of the UAE Federation, and in honour of the founding fathers, led by the late Sheikh Zayed bin Sultan Al Nahyan.

7 silver coins issued to honour founding fathers

The CBUAE will issue 3000 sets comprising seven silver coins, each of which is worth AED50 and weighs 28 grammes. The front face of the coin will bear a black and white image of one of the founding fathers and another colour image of Their Highnesses, the members of the Supreme Council of the Union, the current rulers of the Emirates. The reverse side of the seven coins will bear the fiftieth year logo, surrounded by the name of the Central Bank of the UAE in Arabic and English, in addition to the nominal value of the coin (AED50).

The black and white photographs include the founding fathers, the late Sheikh Zayed bin Sultan Al Nahyan, Sheikh Rashid bin Saeed Al Maktoum, Sheikh Khalid bin Mohammed Al Qasimi, Sheikh Rashid bin Humaid Al Nuaimi, Sheikh Rashid bin Ahmed Al Mualla, Sheikh Saqr bin Muhammad Al Qasimi, and Sheikh Mohammed bin Hamad Al Sharqi.

The coloured images are of President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah; H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman; 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 and H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah.

ALSO READ: UAE begins next 50 with major plans

The sets of seven commemorative silver coins will be available for sale at the CBUAE headquarters and its branches until stock runs out, at a price of AED2000, from Monday, corresponding to 3rd January 2021.

On this occasion, Khaled Mohamed Balama, Governor of the CBUAE, commented, “This coin issuance honours the founding fathers for their significant role in establishing the Federation of the Seven Emirates, and in line with the current wise leadership’s to continue the legacy of the founders in building a nation to which we are proud to belong.”

Previous Story

Dubai unifies all govt health insurance systems

Next Story

Brown slams Western countries for ‘sleepwalking’ on Afghanistan

Latest from -Top News

Activists Targeted Again in Balochistan

The Baloch Yakjehti Committee (BYC) on Tuesday condemned the enforced disappearance of Baloch leader Ghani Baloch, blaming Pakistan’s Law Enforcement Agencies and Frontier Corps….reports Asian Lite News The Baloch Yakjehti Committee (BYC),

Islamabad-Ankara-Baku Axis Sharpens Against India

Both Turkey and Azerbaijan have openly expressed solidarity with Pakistan and backed Islamabad in its military standoff with India, this month….reports Asian Lite News The evolving alliance between Islamabad, Ankara, and Baku

B’desh SC Acquits Islamist in War Crimes Case

ATM Azharul Islam was slapped with the charges of crimes against humanity committed during the Liberation War of the country in 1971….reports Asian Lite News The Supreme Court of Bangladesh on Tuesday

India Targets Pak Terror Ties in Guyana

The delegation met the Guyanese President, Mohamed Irfaan Ali, who had hosted a dinner to celebrate friendship and shared aspirations between the two nations…reports Asian Lite News Congress leader Shashi Tharoor, currently

EU Vows US Trade Deal

European Commission President Ursula von der Leyen phoned Trump on Sunday, after which he agreed to postpone the planned tariff increase until July 9….reports Asian Lite News The European Commission remains “fully
Go toTop

Don't Miss

Iran: Tehran welcomes normalisation of relations with Saudi

Iran’s Foreign Minister has said Tehran welcomes normalisation of relations

DXB gearing up for Eid travel rush

Dubai International (DXB) is gearing up to welcome a surge