Pirates make money in Egypt (7)

I believe the answer is:

piastre

I'm a little stuck... Click here to teach me more about this clue!

'money in egypt' is the definition.
'piastre' can be an answer for 'money' (I've seen this before). I'm unsure of the 'in egypt' bit.

'pirates make' is the wordplay.
'make' indicates an anagram.
'pirates' anagrammed gives 'PIASTRE'.

Can you help me to learn more?

(Other definitions for piastre that I've seen before include "Syrian money" , "Foreign currency" , "Former coin in some Middle Eastern countries" , "bit of money" , "Small amount of money" .)

I've seen this clue in The Globe and Mail.

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