The UAE’s Federal Bank (CBUAE) has introduced a new symbol for the UAE Dirham further securing its identity across physical and digital financial environments. The new symbol originates from the English letter “D” with two horizontal lines illustrating financial stability and includes inspiration from the design of the UAE flag. This effort is intended to help raise global awareness for the Dirham and support the UAE’s ambition to be a financial centre.
The digital version will be in UAE’s flag color with a circle around a two lined “D” while the physical logo is a “D” with two lines in plain black. The new logo will be used universally in international markets, e-commerce and market transactions. The UAE’s Digital Dirham – a digital version powered by blockchain technology will have a circular shape and a coloring based on the UAE Flag representing both national pride and innovation.
The Digital Dirham is going to officially launch in late 2025 under the auspices of the Financial Infrastructure Transformation (FIT) Programme by providing safe, efficient and low cost transactions. The currency will introduce asset ownership using tokenization and automate transactional protocols using smart contracts as well as integrate into bespoke digital wallets for digital transactions.
The UAE’s endorsement of the FX Global Code reinforces the Dirham’s status as an international currency and demonstrates a commitment to sound trading practices and strong risk management. This is a positive development in the UAE’s efforts to create a future ‘steady and ready’ financial system.