Dirham


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Dirham

 

(1) An ancient Arabian silver coin equal to 2.97 g of pure silver. Minted from 695 A.D. The dirham was used by the Arabs in their trade with foreign countries, including ancient Rus’ from the ninth to the 13th centuries.

(2) A change coin used in Iraq, equivalent to 50 fils or 1/20 of a dinar.

(3) A monetary unit in Morocco, equivalent to 100 Moroccan francs. According to the rate of exchange of the Gosbank (State Bank) of the USSR as of Jan. 1, 1971, 100 dirhams are equal to 17 rubles, 78 kopecks.

(4) A unit of measurement of precious metals used in Egypt and Sudan, equivalent to 3.12 g.

References in periodicals archive ?
The Knowledge Dirham Fee will be levied on all transactions for government services in Dubai including federal government services whose revenues are allocated to the Public Treasury of the Government of Dubai.
Over the course of this period, the interbank rate remained virtually unchanged at 2.52 and the average daily trading volume amounted to 8.4 billion dirhams against 6.8 billion dirhams one week before.
Pakistanis bought property worth 7.5bn dirhams and became the second largest community in the list of expatriate property buyers in Dubai during 2014.
The company has invested 1.5 billion dirhams on its four glass factories so far and plans to invest an additional 800 million dirhams in 2013-2014.
Iraq was the first target market for Sharjah's exports with 322 million dirham total and Iran was the second with 254 million dirham ($70 million) worth of products.
Emaar's chairman this month said he had been "really scared" of market conditions coming into 2016, but these fears may have been allayed by a 70% rise the value of Emaar's first-quarter property sales to 4.19bn dirhams.
"When I was younger, I used to love buying frozen lollipops for a dirham, now a bottle of water and a pack of chips would probably be the most common one-dirham items I buy," said Abdul Rahman.
La poursuite de la montee en charge du pipeline a permis de realiser des economies de couts totalisant 1,07 milliard de dirhams sur la periode, pour un volume transporte total de 8,29 millions de tonnes.
Emaar Development, the real estate arm of Emaar, earlier said its net profit increased by about 62 percent to 819 million dirhams during the three months to end-March, from 506 million dirhams a year earlier.
Sahani, who owns a property management company, also purchased another plate for 1 million dirhams. He bought the number O9 last year at an auction for 25 million dirhams, Sahani told Gulf News.
Its annual profit for 2015 was 1.94bn dirhams ($528m), which was down
Revenue from oil and gas more than halved to 1.5 billion dirhams in the third quarter from a year earlier.