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- Dubai 04:32 05:49 12:21 15:48 18:47 20:04
The commemorative gold and silver coin is issued with effect from Wednesday (WAM)
The Central Bank of UAE announced that it issue a commemorative gold and a commemorative silver coin with effect from Wednesday on the occasion of the 40th anniversary of the establishment of the UAE.
The face of the two coins depict the portrait of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, circumscribed by the expression "His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates", written in Arabic. The back of both the commemorative coins depict a silhouette of the iconic image of the founding fathers of the UAE, led by late Sheikh Zayed bin Sultan Al Nahyan, with the UAE flag in the middle and the expression "Spirit of The Union", "The 40th National Day," "United Arab Emirates", written in Arabic and English.
Following are the general features of the commemorative coins :- The coins shall be available for sale to banks, at Central Bank's cash counters at the Head Office in Abu Dhabi and at Dubai Branch.
Each gold coin will be sold at the gold price on the day of sale plus the additional costs estimated at Dh100, while the silver coin will be sold at its face value plus the additional costs estimated at Dh100.
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