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50 Qirsh / Piastres New Branch of Suez Canal
| Issuer | Central Bank of Egypt |
|---|---|
| Year | 2015 |
| Type | Commemorative circulation coin |
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| Obverse description | The obverse bears the state title 'Arab Republic of Egypt' in Arabic legend arching along the upper periphery. The denomination '٥٠ قرشاً' in Arabic numerals and '50 PIASTRES' in Latin script are displayed prominently in the central field. The Gregorian and Hijri calendar years appear in Arabic numerals in the lower field, with the coin's periphery defined by a continuous beaded border. |
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| Edge | Reeded |
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| Additional information |
Egypt issued this coin to mark the opening of the New Suez Canal — a parallel channel excavated alongside the original 1869 waterway — which President el-Sisi inaugurated in August 2015 after a construction period of just one year. The project was funded through a domestic bond drive that raised 64 billion Egyptian pounds in a single week, framed explicitly as a national mobilization rather than a foreign investment opportunity.