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The Council of Arab Economic Unity (CAEU) was founded by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on May 30, 1964, following an agreement in 1957 by the Economic Council of the Arab League.
Obverse
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Depicts a flag of the Council of Arab Economic Unity: two clasped hands inside a mirrored wreath of spikes (ears) above stylized wings with a cogwheel as a knot, dates 1977 (left) and 1957 (right) divided by the inscription 'Council of Arab Economic Unity', the inscription 'Economic Unity Agreement' below. ١٩٥٧ مجلس الوحدة الاقتصادية العربية ١٩٧٧ |
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Reverse
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Denomination divides dates (Hegira and Gregorian), inscription "Arab Republic of Egypt" above. جمهورية مصر العربية |
Edge |
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20th Anniversary of the Council of Arabic Economic Unity
20th Anniversary of the Council of Arabic Economic Unity