All Posts in Egypt

Egypt denies rumours on issuing 500-pound banknote. Egypt
The Central Bank of Egypt (CBE) has pointed out yesterday that they have no intention to issue a new 2500-Egyptian pound bank note. Another fake news was about issuing 500-pound bank notes, which became viral on social media networks, and was a groundless report. According to CBE’s statement, complex economic procedures and strict international security more
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Egypt’s Ministry of Finance to issue coins of EGP 1 and 50 piasters. Egypt
To document the major national projects recently established in the country Egypt’s Ministry of Finance intends to issue coins of EGP1 and 50 piasters. They will be available at their nominal value. To increase the public awareness of National achievements in various fields, certain projects were included like Renewable energy, irrigation, agriculture, roads and Urban more
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Egypt : Gov’t to replace paper banknotes with plastic Egypt
Instead of the paper currency, the Egyptian Central Bank will start printing plastic banknotes. From 2020 paper notes will be replaced by plastic notes. Even though there are only 44 countries using plastic notes, experts say plastic is a better option than paper. Compared to the paper notes, plastic notes are high in quality. The more
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Central Bank of Egypt plans to launch polymer banknotes by 2020 Egypt
By 2020, the Central Bank of Egypt is planning to issue new polymer banknotes. This would benefit Egypt’s currency market and enhance the quality of banknotes. At the printing headquarters in the new administrative capital, the banks would start issuing the polymer banknotes, with a denomination of 10 pounds. In addition to the security features, more
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