قناة السويس
French Egyptian Bank
What were the circumstances surrounding the establishment of the French-Egyptian Bank?… And how did Egypt come to own half of the Eiffel Tower in France? The Ottoman and Egyptian public debt: The Ottoman state budget experienced its greatest turmoil throughout its history due to the Crimean War, when the Ottoman state took out its first loan from European financiers to finance its war effort. Between 1854 and 1879, the Ottomans took out 18 loans totaling…
August 4, 2022French money for the Suez Canal
The second issue of French coins for the Suez Canal, dated 1892, was minted for circulation in Port Said by the Suez Canal Cooperative Society (part of the Universal Company of the Suez Canal) – la Société Coopérative du Canal de Suez (the Cooperative Society of the Suez Canal) – la Compagnie Universelle du canal maritime de Suez. These were special coins minted in France and...
March 11, 2016Port Said's currency…the unknown history
Ahmed Abdullah – Researcher in Contemporary Egyptian History: Why was the Suez Canal the reason for the issuance of Port Said's currency? And how is this a part of Egyptian history largely unknown? The Suez Canal was established following a decision by the Khedive Said, the Viceroy of Egypt, to begin work on Port Said on Monday, April 25, 1859, and Ferdinand de Lesseps began digging the canal…
March 8, 2016