According to a Gulf News article dated 16 December 2009, Gulf Cooperation Council (GCC) leaders concluded their annual two-day summit with an agreement to form a monetary union, paving the way for a single currency for Bahrain, Kuwait, Qatar, and Saudi Arabia; Oman and the United Arab Emirates opted out.
According to a GulfNew.com article dated 13.12.2009, the Central Bank of the UAE has announced it has begun building a security press to print banknotes. The plant is being built on a plot of land near the Central Bank building complex in Abu Dhabi. The plant will print all denominations
, B231 (P33): 1,000 dirhams (US$272)Brown. Front: Arabic text; Saker falcon head as registration device; coat of arms; Al Hosn Palace (White Fort) in Abu Dhabi. Back: English text; Saker falcon; Abu Dhabi skyline with Corniche; Saker falcon head. Holographic stripe with denomination. Windowed security thread with demetalized UAE 1000.
, B229 (P30d): 100 dirhams (US$27)Red. Front: Arabic text; coat of arms; Fahidi Fort in Dubai with silver foil stamp of castle tower. Back: English text; Saker falcon; Trade Centre Tower in Dubai. Windowed security thread with demetalized UAE 100. Watermark: Saker falcon head with electrotype 100 and coffee pot.
, B223 (P31): 200 dirhams (US$54)Tan and gold. Front: Arabic text; coat of arms; Sheikh Zayed Sports City and Judicial Department and Sharia Court buildings in Abu Dhabi. Back: English text; Saker falcon; UAE Central Bank headquarters building in Abu Dhabi. Holographic stripe with denomination. Windowed security thread. Watermark: Saker