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The Suez Canal (/ ˈ s uː. ɛ z /; 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).
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.
Approximate location of Canal of the Pharaohs. The Canal of the Pharaohs, also called the Ancient Suez Canal or Necho's Canal, is the forerunner of the Suez Canal, constructed in ancient times and kept in use, with intermissions, until being closed in 767 AD for strategic reasons during a rebellion.
In total, there have been five closures to the Suez Canal since its opening in 1869, one of which has forced the vital shipping route to shut down for years.
The Israel capture of the Egyptian Sinai Peninsula, 7–8 June 1967, during the Six-Day War Israeli fortifications on the Suez Canal (1973) known as the Bar Lev Line. On 6 June 1967, after the start of the Six-Day War, Egypt closed the Suez Canal, which it owned and operated, and kept it closed until 5 June 1975, through most of the Israeli occupation of the Sinai Peninsula including the east ...
The monument, also known as the Chalouf stele (alt. Shaluf Stele), records the construction of a forerunner of the modern Suez Canal by the Persians, a canal through Wadi Tumilat, connecting the easternmost, Bubastite, branch of the Nile with Lake Timsah, which was connected to the Red Sea by natural waterways. [2]
On 2 January 2022, SCA announced revenues of 6.3 billion USD for 2021 - the highest in the canal's history. This represented an increase of 12.8% over 2020. In total, 20,649 vessels transited the Suez Canal in 2021 - an increase of 10% over 2020. [7] In 2022, annual revenue stood at $8 billion in transit fees. [8]
The Straits of Tiran and Suez Canal remained formally closed to Israeli vessels from the creation of Israel in 1948 until the Suez Crisis in 1956. On 10 March 1949, Israeli forces took control of the area around the abandoned coastal police station of Umm al-Rashrash, where Israel later built the town of Eilat , as part of Operation Uvda ...