Oumolat Means Currency, and Business

Oumolat Security Printing, which began operations in 2016, is not only the industry’s newest banknote printing company. Located in Abu Dhabi, it is also the first in the Middle East, taking advantage of the strategic location to offer banknote printing and services to the world.

The High Security Printing™ (HSP) EMEA conference recently held in Abu Dhabi was an opportunity for delegates to hear more about Oumolat (the name is Arabic for currency), for central bank delegates to visit the state-of-the-art printworks, and for Currency News™ to speak to Martin Wenzel, its General Manager since 2019, about what was behind the decision to build a printworks in the UAE, the advantages and unique strengths it can offer, and where it sees itself in the future.