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2 days ago · In 1956, 13 years before the concession was due to expire, the canal was nationalized by Egyptian President Gamal Abdel Nasser, precipitating the Suez Crisis. Since then the Egyptian government has exercised complete control through its Suez Canal Authority (SCA), though the original company (now GDF Suez) continues in France as a multinational ...
The Suez Canal (Arabic: قَنَاةُ ٱلسُّوَيْسِ, Qanāt as-Suwais) is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia (and by extension, the Sinai Peninsula from the rest of Egypt).
Feb 16, 2018 · The Suez Canal, a man‑made waterway linking the Mediterranean Sea to the Indian Ocean via the Red Sea, has enabled international trade and conflict since 1869.
Mar 30, 2021 · Since 2015, the Suez Canal has been a major priority for the regime of Abdel Fattah Al-Sisi, which has pumped money into infrastructure projects and expansion of the canal.
The Suez Company or Suez Canal Company, full initial name Compagnie universelle du canal maritime de Suez (Universal Company of the Maritime Canal of Suez), [1] sometimes colloquially referred to in French as Le Suez ("The Suez"), [2] [3] was a company formed by Ferdinand de Lesseps in 1858 to operate the Egyptian granted concession of the Suez ...
Dec 18, 2020 · At an occasion that was graced by the Khedive of Egypt Ismail Pasha, the Suez Canal was formally opened on November 17, 1869. It has been stated that the first ship to go through (officially) the Suez Canal was the L’Aigle – the yacht of French Empress Eugénie, the wife of Napoleon III.
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May 25, 2023 · On 26 July 1956, President Nasser declared martial law in the canal zone and seized control of Suez Canal Company, which operated the canal, closing it to Israeli shipping.
