Suez Canal Company

E51708

The Suez Canal Company was the French-led corporation that financed, built, and initially operated the Suez Canal in Egypt during the 19th century.


Statements (47)
Predicate Object
instanceOf canal operating company
joint-stock company
alsoKnownAs Compagnie universelle du canal maritime de Suez
boardDominatedBy French directors
canalOpeningDate 1869-11-17
concessionCountry Egypt
concessionExtended 1866
concessionGrantedBy Muhammad Saʿid Pasha
concessionPlannedEnd 1968
concessionStart 1854
country France
dissolved 1962
employedWorkersFrom Egypt
Europe
foundedBy Ferdinand de Lesseps
headquartersLocation Paris
inception 1858
industry maritime transport
transport infrastructure
keyRoleIn expansion of European imperial influence in Egypt
legalForm concessionary company
locationCountry Egypt
mainConstructionPeriod 1859–1869
mainOfficeLocation Ismailia
Port Said
Suez
majorShareholder Egyptian government
French government
French private investors
United Kingdom government
nationalizationDate 1956-07-26
nationalizationLeader Gamal Abdel Nasser
nationalizedBy Egypt
openedBy Ismaʿil Pasha
operatedCanal Suez Canal
operatingPeriod 1859–1956
primaryLanguage French
regulatedBy Constantinople Convention of 1888
revenueSource tolls on shipping
sharePurchaseBuyer Benjamin Disraeli
sharePurchaseByUK 1875
sharePurchaseFrom Ismaʿil Pasha
strategicImportance shortest sea route between Europe and Asia
subjectOf Suez Crisis
international political disputes
successor Suez Canal Authority
usedLaborSystem corvée labor in early years

Referenced by (4)
Subject (surface form when different) Predicate
Suez Canal Company ("Compagnie universelle du canal maritime de Suez")
alsoKnownAs
Suez Canal
constructedBy
Suez Crisis
involvesOrganization
Suez Canal Authority ("Compagnie Universelle du Canal Maritime de Suez")
precededBy

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