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The Suez Canal Bank was founded in 1978 in Ismailia, a city in eastern Egypt, with authorized capital of £E 10 million and paid-in capital of £E 2.5 million. In 1982, the company offered its initial public offering on the Egyptian Exchange. The company opened an Islamic banking branch in Dokki in 1983. In 1998, the company was upgraded to ...
The Bar-Lev Line evolved from a group of rudimentary fortifications placed along the canal line. In response to Egyptian artillery bombardments during the War of Attrition, Israel developed the fortifications into an elaborate defense system spanning 150 km (93 mi) along Suez Canal, with the exception of the Great Bitter Lake (where a canal crossing was unlikely due to the width of the lake).
Operation Badr (Arabic: عملية بدر ʻAmaliyat Badr), also known as Plan Badr (خطة بدر Khitat Badr), was an Egyptian military offensive and operation across the Suez Canal that destroyed the Bar-Lev Line, a chain of Israeli fortifications along the frontline of the Israeli-occupied Sinai Peninsula, on 6 October 1973.
Egyptian vehicles crossing the Suez Canal at the beginning of the war. On October 6, 1973, Egypt launched Operation Badr, which started the Yom-Kippur War.It succeeded in crossing the Suez Canal and establishing bridgeheads on the east bank in Israeli-occupied Sinai, and counter-attacks launched by Israeli reserves were unsuccessful.
The war saw protracted conflict in the Suez Canal Zone, ranging from limited to large scale combat. Israeli shelling of the cities of Port Said , Ismailia , and Suez on the west bank of the canal, led to high civilian casualties (including the virtual destruction of Suez), and contributed to the flight of 700,000 [ 2 ] Egyptian internal refugees.
Suez Canal Bank; QNB Al Ahli S.A.E., part of Qatar National Bank Group; Arab Investment Bank (AIBK) Al Ahli Bank of Kuwait - Egypt (ABK-Egypt), part of Al Ahli Bank of Kuwait Group; First Abu Dhabi Bank - Misr (FAB), part of First Abu Dhabi Bank Group; Ahli United Bank - Egypt (AUB), part of Ahli United Bank Group; Faisal Islamic Bank of Egypt
WORCESTER, Mass. – Local police in this central Massachusetts city used excessive force and engaged in “outrageous” sexual contact with women during undercover operations, a two-year civil ...
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 Canal, which the company built between 1859 and 1869.