page_title: British currency in the Middle East
section_title: Egypt
hierarchical_section_title: British currency in the Middle East / Egypt
caption_attribution_description: English: The first one Egyptian Pound banknote issued in 1898. Svenska: Enpundssedel från . English: First Egyptian one pund bill
context_page_description: British involvement in the Middle East began with the Aden Settlement in 1839. The British East India Company established an anti-piracy station in Aden to protect British shipping that was sailing to and from India. The Trucial States were similarly brought into the British Empire as a base for suppressing sea piracy in the Persian Gulf. Involvement in the region expanded to Egypt because of the Suez canal, as well as to Bahrain, Qatar, and Muscat. Kuwait was added in 1899 because of fears about the proposed Berlin-Baghdad Railway. There was a growing fear in the United Kingdom that Germany was a rising power, and there was concern about the implications of access to the Persian Gulf that would arise from the Berlin-Baghdad Railway. After the First World War the British influence in the Middle East reached its fullest extent with the inclusion of Palestine, Transjordan and Iraq.
  At first, Indian rupees were introduced to Aden and the Gulf States, and later during the First World War to Mesopotamia. After the First World War, the Indian rupee was replaced in British East Africa by a florin and then a shilling, which eventually replaced the Indian rupee in Aden by 1951.
context_section_description: The Egyptian pound (known as the geneih) replaced the Egyptian piastre in 1834, with 100 piastre = 1 pound. The Egyptian pound was also used in Anglo-Egyptian Sudan between 1899 and 1956, and Cyrenaica when it was under British occupation and later an independent emirate between 1942 and 1951. It also circulated in Mandatory Palestine from 1918 to 1927, when the Palestine pound was introduced.
caption: The first E£1 banknote issued in 1899
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