A rare financial security from the Egyptian public sector, issued by the United Company for Housing and Reconstruction (الشركة المتحدة للإسكان والتعمير), an entity attached to the Ministry of Housing and Services. This company, based in Alexandria, was part of Egypt's urban modernization policy of the 1980s. The document, entirely written in Arabic, has the clean layout typical of modern Egyptian securities: purple border, official seals, typographic vignettes of buildings. The certificate has a nominal value of 25 Egyptian pounds and retains a large sheet of attached coupons (numbered 35 to 41). Visible serial number: 0328375 / 0328351 [to be verified — double numbering]. Signatures of the chairman of the board and the general director in office, with official red seals. Apparent condition: very good, clean paper, coupons intact. An interesting piece for collectors of Middle Eastern, Maghreb or Arab-world real estate and public securities scripophily. A cultural curiosity, a perfect addition to a "housing and reconstruction" or "securities in Arabic" themed collection.