UAE is set to launch Digital Dirham by the end of 2025 to modernize its financial system and strengthen its position as a global financial hub.
New symbols representing the physical and digital Dirham reflect the UAE's shift towards electronic payment systems.
Digital Dirham offers secure, government-backed transactions, providing enhanced security, regulatory control, and monetary stability benefits.
The partnership between Saudi Arabia and the UAE aims to enhance mutual financial operations and ensure smoother international payment processes using the Digital Dirham.