The Egyptian Prime Minister, Mustafa Madbouly, authorised the issuance of the money under Resolution No. 65 of 2022 in honour of Egypt’s hosting of the UN Climate Summit in November 2022. The slogan and name of the summit, as well as the location where it will be held, are printed in both Arabic and English on the back of a hundred pounds.
• The currency is sold to the conference guests at the Ministry of Finance pavilion in the Green Zone at a price of 750 pounds per piece, equivalent to $ 30.
Memory
For his part, the Egyptian Finance Minister Advisor, Dr.
According to Sharif Hazem of Sky News Arabia, the currency was introduced in conjunction with the Climate Summit in Sharm El-Sheikh to commemorate that momentous occasion for the conference attendees, who will be sure to buy mementos to remember it by as well as as gifts for their acquaintances and friends.
The currency will continue to be released later and not just in conjunction with the conference, he said, because this occasion is not frequently repeated and the memorial currencies that were previously issued on significant occasions continue to be released. This currency will be available at the Currency Mint headquarters in Cairo starting next week for the same price.
He explained that the Department of Minting of the Ministry of Finance is keen to participate in efforts to document national projects and celebrate historical events.
The Egyptian Currency Authority has recently introduced memorial coins to commemorate historical individuals like the late President Mohamed Anwar Sadat as well as the opening of important projects like the new Suez Canal.
On Monday morning, the Climate Conference (COP-27), which is held in Sharm El-Sheikh, was launched at the level of leaders to find solutions to the problems that the planet is embarrassed.
The presidential portion included 110 world leaders, heads of state, and other notable persons from around the world.
In more depth, why did Egypt produce a currency worth 100 pounds?
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