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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.
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 .
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 Port (also called Port Tawfiq) is an Egyptian port located at the northern tip of the Gulf of Suez on the Red Sea at southern entrance of the Suez Canal, serving the canal and the city of Suez. It is owned and operated by the Ministry of Transport's General Authority of Red Sea Ports, [1] and is home to the Suez Canal Authority (SCA ...
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]
The impact of the Suez Canal calamity, which halted travel through one of the world's most vital shipping passages, will be felt for weeks, months or years.
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 ...