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UAE a model for human development

Abu Dhabi - First-of-its-kind banknote printing firm Oumolat Security Printing opens in Abu Dhabi

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Saturday said that the UAE will continue to build its economic capacity in line with the directives of the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the close follow-up of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
Sheikh Mohammed further said that the UAE's economic growth will be achieved through the clear strategy laid out in UAE Vision 2021.
The UAE's success, he said, has created a unique model for human development, as well as for building a sustainable and diverse economy and ensuring the happiness of all members of its society.
Sheikh Mohammed's remarks came during the opening of Oumolat Security Printing, a banknote printing company that is the first of its kind in the region. The facility is located in Khalifa Industrial Zone Abu Dhabi.
Sheikh Mohammed, accompanied by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, unveiled a commemorative plaque to mark the official inauguration of the facility, which specialises in printing banknotes. The facility is equipped with fully-integrated state-of-the-art security and protection systems.
Sheikh Mohammed was briefed by Central Bank of the UAE Governor Mubarak Rashed Al Mansoori about the facility's production machinery featuring the latest technology. Sheikh Mohammed received the first Dh1,000 note printed by the company, which bears the number "1", from Sheikh Mansour.
Present during the visit were Mohammed bin Abdullah Al Gergawi, Minister of Cabinet Affairs and Future; Obaid Humaid Al Tayer, Minister of State for Financial Affairs; and a number of governors from regional central banks.