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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.
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).
Suez Canal Authority (SCA) is an Egyptian state-owned authority which owns, operates and maintains the Suez Canal. It was set up by the Egyptian government to replace the Suez Canal Company in the 1950s which resulted in the Suez Crisis .
Engie supplies electricity to 27 countries in Europe and 48 countries worldwide. The company, formed on July 22, 2008, by the merger of Gaz de France and Suez, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the Suez Canal. As of 2022, Engie employed 96,454 people worldwide with revenues of €93.86 billion.
On 1 October 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars [8] and formed a new business unit called Suez Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels. On 14 May 2019 Bertrand Camus was appointed as chief executive officer of Suez. [9]
To its north lie the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez—leading to the Suez Canal. It is underlain by the Red Sea Rift , which is part of the Great Rift Valley . The Red Sea has a surface area of roughly 438,000 km 2 (169,000 sq mi), [ 1 ] is about 2,250 km (1,400 mi) long, and 355 km (221 mi) wide at its widest point.
A viral post shared on X claims Colorado Republican Rep. Lauren Boebert purportedly said Egypt owns the Panama Canal. Verdict: False The claim is false and originally stems from an account on X ...
The Convention of Constantinople [3] [4] is a treaty concerning the use of the Suez Canal in Egypt.It was signed on 29 October 1888 by the United Kingdom, the German Empire, Austria-Hungary, Spain, France, Italy, the Netherlands, the Russian Empire and the Ottoman Empire.