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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 expansion intended to nearly double the capacity of the Suez Canal, from 49 to 97 ships per day. [9] At a cost of LE 59.4 billion (US$9 billion), this project was funded with interest-bearing investment certificates issued exclusively to Egyptian entities and individuals. The Suez Canal Authority officially opened the new side channel in 2016.
House flag of Suez Canal Authority 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 .
Flag Day 2024 is Friday, June 14. The date commemorates the adoption of the American flag's design, as well as the symbolism and history behind it.
This figure rises to 1,400,000 by including Western Sinai, the parts of the Port Said, Ismailia and Suez Governorates lying east of the Suez Canal. Port Said alone has a population of roughly 500,000 people (January 2013). Portions of the populations of Ismailia and Suez live in west Sinai, while the rest live on the western side of the Suez Canal.
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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 ...
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.