المقتني العربي
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Egypt Banknote

Anwar Sadat and his hobby of stamps and coins

President or Hobbyist? Anwar Sadat, the third president of the Arab Republic of Egypt and the commander in the 1973 war, became known for his passion for collecting stamps and coins. When someone mentions stamp and coin collecting among Egyptian rulers, the names of King Farouk or King Fuad's mother immediately come to mind. However, there was another hobbyist...

May 9, 2023

The idea of issuing a 500 pound banknote

Did you know that the Egyptian government considered issuing a 500-pound banknote a long time ago but changed its mind due to rumors about the economy? The idea for a new banknote dates back to 2004 when engineer Magdi Hanafi, a historian of Egyptian currency, met with the then-governor of the Central Bank of Egypt, Farouk El-Okda, during an event honoring him at the bank…

April 23, 2023

Security features of the first Egyptian polymer banknote

Learn about the security features used by the Central Bank of Egypt on the first Egyptian polymer banknote, the new ten-pound note, and the latest security measures employed. This article is sponsored by both the Egyptian Banknote Prefix Report and the Egyptian Encyclopedia of Banknotes. The Central Bank of Egypt decided to issue the first Egyptian polymer banknote, the ten-pound plastic (polymer) note, according to the statement issued…

July 5, 2022

Royal Christmas commemorative coins

What is the truth behind the commemorative coins issued on King Farouk's birthday? It is well known to many researchers and enthusiasts that the fourth issue of the five-pound Egyptian note was the first Egyptian banknote to feature the image of the ruler of that denomination. However, in February 1947, the Egyptian newspaper Al-Ahram published an article titled "Banknotes…"

May 17, 2022

The first issue of Egyptian paper currency

When was the first issue of Egyptian banknotes put into circulation? And were they actually in circulation from the moment they were issued? An introduction to the first issue of Egyptian banknotes: While reading the new volume of Engineer Magdi Hafiz's book, "Encyclopedia and Catalog of Egyptian Currencies – Egyptian Banknotes," I came across Chapter Five, which details the circulation of the first issue of Egyptian banknotes, and which is considered…

April 2, 2022