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Suez Company (1858–1997)

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formal British or Ottoman approval. In October 1858, Lesseps notified international press and company agents that 400,000 shares at a price of 500 francs each would be publicly offered beginning 5 November 1858. In the notification, Lesseps estimated an annual revenue of 30 million francs based on freight fees, and a construction period lasting 6 years. In preparation for the offering, shares were sent to brokerage houses across Europe and in the United States. At the close of offering on 30 November 1858, about half of the shares (around 200,000) belonged to French citizens with the next largest block owned by citizens of the Ottoman Empire (Said bought around 60,000). None of the shares reserved for Britain, Russia, Austria, or the United States were bought. Said purchased the remaining unbought shares (for a total of 177,000 shares) in order to ensure that the company reached its necessary capitalization amount (to become a legal entity as defined in the 1856 concession). The average number of shares bought by French investors amounted to nine shares each. Lesseps declared the company as being officially formed on 15 December 1858.
667: 703: 727: 691: 755: 275: 425: 526:, and other cash crops and public works) within Egypt and with limiting the company's power. Ismail would soon issue a clarification that corvée labor could still be used for public works essential for the common good (though not on the Suez Canal project). The British also commented on the use of forced labor by the company. Ismail issued declarations upholding much of the previous concessions, with exceptions including the labor issue. Aziz favored the end of the use of the corvée and the return of land from the company to Egypt. The problem was referred during 1864 to the arbitration of 404: 781: 747: 766: 679: 655: 1013: 715: 607:
about 8,000 Europeans and 10,000 Arab and Egyptians that had settled in the canal region. By 1867 and 1868 the total population in the canal region would grow to 26,000 and 34,000, respectively. As the diversity and number of settlers in the canal region rose, Ismail directed Nubar to begin his decade-long journey of revising the judicial system from a system of capitulations to a system of mixed tribunals. The company made an appeal at the
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During this same period, the jetties for Port Said were also constructed by the Dussaud brothers. They created two jetty structures, one at 1.5 miles in length, and the other at 2 miles in length, by dumping 20-ton concrete blocks in the Mediterranean Sea. The blocks were produced in an assembly line
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The original concession assembled by Lesseps and granted by Said in 1854 included the following stipulations: 10 percent of the annual profits were reserved for the founders, 15 percent of the annual profits were reserved for the Government of Egypt, and 75 percent of the annual profits were reserved
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Politically during this period, company workers experienced a cholera outbreak in 1865 that caused the deaths of several hundred Europeans, including Voisin's wife, and more than 1,500 Arabs and Egyptians. The Ottoman Sultan approved of the French reconciliation framework in 1866. By 1866 there were
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Following the granting of the first concession in 1854, Lesseps was in near constant travel to assemble diplomatic approvals perceived as necessary to build the canal from other foreign governments involved. Although the first concession was granted by Egypt, at the time Egypt was an administrative
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during the second world war. Immediately following the end of the second World War, company profits rose greatly due to petroleum shipments and the company reserved much of this income. By 1952, the company held four different reserves accounts: a statutory reserve of 430 million francs, a special
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to purchase the 177,000 shares from Ismail on behalf of the British government. This offer was slightly greater than the French offer, and Ismail physically delivered his share certificates to the British consulate. By December 1875 Britain became the largest shareholder of the Suez Canal Company,
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Approximately 500 ships carrying around 400,000 tons made passage through the canal in 1870, which was much less than the 5 million tons projected in 1867. Of that tonnage, three-quarters came from Britain. In 1871, more tonnage made the passage, but it was still less than 1 million tons. The ship
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In 1867, the company began to develop its fee structure in preparation for opening. During this same year the company had already started to charge fees for transport of goods across the northern almost-completed portion to the separate southern access canal, garnering millions of francs in annual
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against Lesseps and the company. It wasn't until July 1864 that Napoleon III released a ruling for the framework for resolution which accepted the 1856 concession as a binding contract, ended the use of corvée labor, placed the land grants back into the hands of the Egyptian government, but called
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ths) of the workers for the company were required to be supplied from Egypt and the skilled workers were required to be paid commensurate with skilled workers on other Egyptian public works projects. An amendment stipulated that work could only commence with the approval of the Ottoman Sultan. The
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and Ismail were a major attraction. The multinational flotilla of about 60 ships proceeded south from Port Said to Ismailia, where a large expenses-paid festivity took place including: a riding exhibition, a rifle competition, tight-rope walking, an Armenian with a dancing bear, an Italian with a
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released a public report approving of the engineering plans for the canal. The report noted that in the previous two decades, Europeans had spent 12 billion francs building railroads, and that at a cost of 200 million francs (or £8 million), the canal was affordable. Lesseps pushed ahead without
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In January 1856, Said granted a second concession to Lesseps' company which replaced the first concession. This concession defined the canal as a direct route, but also stipulated a freshwater canal from the Nile to Lake Timsah. Again, mining and land rights were included along with generous tax
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In summary, the total construction cost of the canal, according to Lesseps' autobiographical account, was £11,627,000. This cost was more than covered by the initial equity capitalization of £8 million (1858), a legal decision awarding about £4 million (1864 and 1866), and a bond issuance of £4
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In 1873, Ismail borrowed £30 million (more than double the cost of the canal) to continue building other infrastructure in Egypt. By 1875, the Egyptian treasury was £100 million in debt, and no lender would issue Ismail money to pay for the December debt instalment of several million pounds.
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Following the loss of the canal concession, the Suez Company received financial compensation from the Egyptian government, the final payment of which was made in 1962, and used this resource to reinvent itself as a major investment and holding company in France. In 1958 it renamed itself the
583:– francs per cubic meter – which was further varied depending upon the soil type they excavated. Ultimately, Borel, Lavalley and company removed 75% of the 74 million cubic meters excavated from the main canal. And most of that work was done between 1867 and 1869. Another French contractor, 870:
Arab revolt during the war against the Ottomans. Egypt was declared an independent country in 1922, however, Britain still asserted a right to defend the canal and stationed troops there for that purpose into the 1930s. The company's profits rose greatly during the 1920s and 1930s.
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of the concessionaire company would have 32 members, each serving for eight years. The operations office would be headquartered in Alexandria, while administrative offices would be located in Paris. This company was to be called the Universal Company of the Maritime Canal of Suez.
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became chief engineer in January 1861 and Hardon's contract expired at the end of 1862. Compared with the later mechanised excavation, a low amount of material was excavated during this phase of construction. The British began to loudly decry the use of corvée labor in 1862.
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Two dams prevented the filling of the Great Bitter Lake and thus the completion of the canal, one to the north and one to the south. Rocky terrain was cleared on the Serapeum ridge to the north of the lake for a lake filling ceremony witnessed by Ismail in early 1869. The
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from the Nile to Lake Timsah to provide fresh water. Once the necessary infrastructure was established, the plan was to build an 8 metre-wide access canal from Port Said to Lake Timsah and later from Lake Timsah to the Red Sea with the aid of blasting. After the use of
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and destroyed large portions of Port Said. The canal was returned to Egypt after the United States disapproved of the action. For the following ten years, the canal was operated by Egypt who paid an amount to the Suez Canal Company for its use. In 1967,
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hurdy-gurdy, Arab sword dancing, glassblowing, flame eating, snake charming, juggling, dancing darvishes, belly dancers, Koran recitations, Arabic poetry recitations, prostitution, food, and drink. On 19 November, the flotilla proceeded south to Suez.
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while in the region. The southern dam in the rocky Chalufa ridge would not connect the Red Sea with the Mediterranean Sea until it was broken on 15 August 1869. Prior to that, hand digging was used to remove soil in the remaining 10 miles between
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After Napoleon III's decree in Summer of 1864, the use of corvée labor was restricted. The use of large mechanical dredging machines began to excavate the main canal. In December 1863, Voisin hired Paul Borel and
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with mechanical elevators to pour in cement, lime, and water. After curing for two months in wooden frames, they were lifted on to barges that dropped them into the sea. 30,000 blocks were used in the jetties.
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for shareholders. There was no stipulation dictating whether the route of the canal would be direct or indirect (from the Nile). The company was given the right to free quarries and import equipment tax-free.
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and its new superintendent Alphonse Hardon, planned for and built fresh water distilleries along the route, hauled in additional fresh water from the Nile, built housing for workers, gathered stone for the
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alumni. These machines were powered by steam from coal in an era before the mass production of machines and machine tools. The men had prior railroad experience and Lavalley, in particular, had customised
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necessitated more than a dozen different types of excavation machinery. Nearly 300 of these machines were used in this 5 year dredging period. Their subcontractor excavation price was determined on a
820:. As a condition of joining the commission, the khedive's right to 15 percent of the commissions from Suez Canal traffic was sold. The buyer was a French bank and the price was 22 million francs. 543:
for remuneration of 84 million francs to the Suez Canal Company for violation of the labor and land agreements. Ismail received a loan from the Oppenheim brothers for nearly 100 million francs.
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visited in the Spring of 1869 shortly after the initial lake filling ceremony but while the lake was still filling and toured the canal zone. The prince of Wales stayed in a chalet in
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in Lithuania, and created a machine to dredge ports in Russia. Railroad tracks were laid along the canal route to accommodate some of the machines, whereas others were mounted on
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The company and Ismail set aside 1 million francs for the inauguration of the canal on 17 November 1869. One thousand guests were invited for a tour upon opening. The empress
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Meanwhile, the progress of the canal construction proceeded slowly from 1863–1864. By February 1864, the corvée had finished the access canal from Lake Timsah to the Red Sea.
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and renovated in the early 2000s. In 2006, a museum dedicated to the Suez Canal history was created in the former board room, on the initiative of the heritage nonprofit
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eventually emerged as the leader of Egypt. By the mid-1950s, canal traffic reached 122 million tons annually, over half of which was oil shipments. In response to the
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hand digging the canal. Guards were used to watch over the fellahin, although a large number of guards were not required due to the remote location and nearby hostile
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Said died in mid-January 1863, and in late-January, just before Ismail began the process of establishing himself as the new viceroy of Egypt by Ottoman Sultan
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Following its nationalization in 1982 and privatization in 1987, the Suez Company in 1988 successfully participated in a takeover battle for control of the
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establishments arose along the route. In 1860, the company employed 210 Europeans and 544 Egyptians along 11 stations of the route. Employees were provided
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In 1876, Ismail again faced government debt payment issues and was forced to join an international commission which would govern Egypt's finances known as
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Following the Suez crisis, the Suez Company reinvented itself as a diversified investment firm. In 1959, it established a banking subsidiary, the
522:. Ismail's motives had to do with his own personal projects (cotton farms, whose export from Egypt had been increasing since the beginning of the 1548: 2461: 2253: 2216: 2211: 1077: 2471: 931:
denying a loan to build a dam across the Nile at Aswan, Nasser declared on 26 July 1956 that Egypt was nationalizing the canal. In response,
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was a dry basin, and drinking water was difficult to find. In addition to infrastructure challenges, Said would not allow the use of massive
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was interested in his shares of the Suez Canal Company in exchange for paying off the debt instalment, however, the British prime minister
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arrival to the company in the 1940s, the board started to hire investment advisors, and by the late 1940s, the company had investments in
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owning 44 percent of the shares. However, the remaining 56% of the company's shares remained under the ownership of French shareholders.
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In that original concession, founding members of the Company were to receive 10 percent of the canal's profits. These members included
603:, half would pass through the canal. After some complaints, a figure of 10 francs per ton and 10 francs per passenger was announced. 295: 636:
and the southern dam. The average final width of the canal was 200 feet – 300 feet at the top with a depth of at least 26 feet.
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in 2001 and underwent several subsequent mergers, spin-offs, and restructurings that led to the creation of the energy company
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with Israel arose and the canal was made impassable with scuttled ships. The canal would not reopen until 1975 after the
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reserve of 7 billion francs, a contingency fund of 1.72 billion francs, and a pension fund of 7.81 billion francs. After
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Toll revenue from the first five years (1870–1874) are as follows: £206,373, £359,747, £656,305, £915,853, and £994,375.
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The British assigned more than 100,000 troops to the canal during the first world war. The canal was used to help stage
2434: 2270: 2246: 2085: 227:, a change that was reversed in 1972. It was nationalized in 1982, then privatized in 1987. It acquired control of the 17: 994: 2309: 1784: 836: 1020:
The opulent building at 1, rue d'Astorg was built for the Suez canal Company in 1911-1913 on a design by architect
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expert opinions on the feasibility of the canal. Lesseps formed an organization of international engineers (the
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on land, employed seven of his excavators to dig about 8 million cubic yards of material from 1863 to 1868.
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responded quickly and with permission from parliament and Queen Victoria received a £4 million loan from
2418: 503: 179:, which the company built between 1859 and 1869. Initially, French investors held half of the Company's 2191: 1552: 801: 412: 1141: 1183: 714: 886:
in the Suez Canal, specifically demanding that an Italian representative be placed on the company's
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Seeking Bread and Fortune in Port Said: Labor Migration and the Making of the Suez Canal, 1859–1906
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Following the Suez Company's merger with Lyonnaise des eaux, it was sold to the real estate arm of
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publicly backed the canal project. In the meantime from 1859 to 1861, the company's Chief Engineer
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to attempt to sell an additional 100 million francs (£4 million) worth of debt in the form of
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revenue. The company estimated that of the 10 million tons of annual goods shipped around the
555: 2377: 2108: 1904: 1231: 835:, Britain landed an army, seized the canal, and developed a protectorate over Egypt, placing 568: 245: 172: 2206: 1251:
L'argent caché : Milieux d'affaires et pouvoirs politiques dans la France du XXe siècle
640: 351:. The Ottoman Empire, although neutral to the idea, were greatly under the influence of the 2139: 2080: 2017: 1899: 1883: 1198: 1178: 1058: 809: 403: 263: 200: 164: 122: 80: 35: 1155: 8: 2456: 2201: 1846: 891: 883: 780: 576: 1021: 827:. Tawfiq was challenged for leadership during a nationalist uprising in 1880 by Colonel 793:
tonnage for 1872, 1873, and 1874 was 1,439,000, 2,085,000, and 2,424,000, respectively.
2424: 2262: 2196: 2149: 2032: 1762:"French Army breaks a one-day strike and stands on guard against a land-hungry Italy". 924: 887: 551: 523: 391: 196: 1664: 1024:. The Suez Company was long known colloquially as the "old lady of the rue d'Astorg" ( 990: 970: 2428: 2348: 2022: 1996: 1780: 1773: 1367: 1069: 941: 805: 600: 584: 482: 449: 364: 319: 184: 2001: 1805: 615:– maturing in 50 years – to finish the project. Remaining unsold bonds were sold in 514:, Ismail declared that he was establishing reforms in the ways of the creation of a 326:
and his brother Edmond, and members of the chambers of commerce of Lyon and Venice.
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revoked its concession in 1956 and transferred canal operation to the state-owned
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holding most of the balance. In 1875, financial distress forced Sa'id's successor
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Portal of the headquarters building in 2010, before the company's name was erased
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in 1996. Meanwhile, in 1972 the Suez Company acquired control of another bank,
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of the Muhammad Ali line was overthrown in a military coup in 1952 and Colonel
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declared the canal a neutral zone under British protection. The agreement went
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in 1990. In 1997, it merged with water utility and construction conglomerate
1074:(17 December 1892 – 17 July 1896) (acting for de Lesseps to 7 December 1894) 1986: 1507: 1188: 903: 824: 527: 491: 474: 457: 432: 1705:
Brown, Nathan J. (1994). "Who abolished corvée labour in Egypt and why?".
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In 1879, Ismail was deposed by the Ottoman Sultan and replaced with
1946: 1727:"European Business History Association 2007 Research Paper Webpage" 1042:
Association du Souvenir de Ferdinand de Lesseps et du Canal de Suez
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Former head office of the Suez Company at 1 rue d'Astorg in Paris
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International Commission for the piercing of the isthmus of Suez
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International Commission for the piercing of the isthmus of Suez
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to negotiate on behalf of Egypt, and Nubar in turn allied with
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Britain secured the canal against the Germans and their
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Sir John Stokes' view of the British acquisition of 40%
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Dredging machine design and implementation (1863-1869)
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and the water and waste-management utility also named
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Compagnie financière de Suez et de l'Union parisienne
2261: 1551:. Egyptian State Information Service. Archived from 1508:"An International Company in Egypt: Suez, 1856–1956" 1476: 1464: 1440: 1269: 1211: 964:
in 1966 following Suez's combination with financier
1567: 1517: 1452: 1392: 1317: 1248: 285: 278:Ferdinand de Lesseps in the 1870s, photographed by 1775:Parting the desert: the creation of the Suez Canal 1772: 1665:"Grands projets : Astorg-Saussaies, Paris 8e" 1594: 857: 1584: 1582: 1257: 894:was forced to pay tolls upon entering the canal. 473:equipment from the Nile, and looked for workers. 329: 2448: 1629:"Musée Ferdinand de Lesseps et du Canal de Suez" 490:was approved in 1861, work proceeded south from 1541: 153:Compagnie universelle du canal maritime de Suez 2217:United Nations Security Council Resolution 119 2212:United Nations Security Council Resolution 118 1579: 1366:. MotorBooks International. pp. 173–174. 1032:) with reference to its headquarters address. 1007: 64:Transportation infrastructure, then investment 2247: 1854: 1229: 1127:Georges Plescoff (February 1982 – March 1983) 784:Postcard of the Suez Canal Company office in 609:1867 Universal Exposition of Art and Industry 314:, Lesseps and several members of his family, 1040: 989:, which the Suez Company eventually sold to 976: 959: 953: 773:in the early 1890s, now Suez Canal House in 343:to make his case to the Grand Vizier of the 339:, and so Lesseps traveled frequently to the 233: 221: 213: 157: 1681: 750:Suez Company security issued 1 January 1889 2339:Louis Maurice Adolphe Linant de Bellefonds 2254: 2240: 1861: 1847: 933:Britain, France, and Israel attacked Egypt 481:to buy provisions. Plans were made for an 440:Prior to the existence of the Suez Canal, 300:Louis Maurice Adolphe Linant de Bellefonds 49: 1363:Giant Earthmovers: An Illustrated History 1359: 1124:Philippe Malet (May 1981 – February 1982) 955:Banque de la Compagnie Financière de Suez 947: 1513:. European Business History Association. 1078:Auguste-Louis-Albéric, prince d'Arenberg 1011: 779: 764: 753: 745: 431: 423: 407:1858 Suez Canal Company Equity Ownership 402: 355:. Since Britain – through the policy of 273: 2482:Transport companies established in 1858 2477:French companies disestablished in 1997 1804:(University of California Press, 2023) 1353: 997:, which it relinquished in the 1980s. 14: 2449: 1744: 1623: 1621: 1482: 1470: 1446: 1253:, Paris: Éditions du Seuil, p. 37 1217: 961:Banque de Suez et de l'Union des mines 254:. The merged entity renamed itself as 163:("The Suez"), was a company formed by 2462:Defunct transport companies of France 2235: 1842: 1747:"The Great Canal at Suez (Volume II)" 732:Illustration of the inauguration, by 419: 2472:French companies established in 1858 1770: 1612: 1573: 1535: 1523: 1494: 1458: 1434: 1422: 1410: 1398: 1386: 1347: 1335: 1311: 1299: 1287: 1275: 1263: 1121:Michel Caplain (May 1971 – May 1981) 981:. That bank merged in 1975 with the 898:From World War II to the Suez Crisis 399:Creation and initial public offering 322:and multiple members of his family, 191:to sell the country's shares to the 1824:English translation of the Statutes 1618: 758:Suez Canal Company pavilion at the 741: 619:approved by the French government. 361:a railroad from Alexandria to Cairo 231:in 1988, and changed name again to 24: 1794: 1413:, pp. 211, 217–225, 234, 236. 1030:la vieille dame de la rue d'Astorg 25: 2493: 2320:Société d'Études du Canal de Suez 2114:Société d'études du Canal de Suez 1811: 1704: 1323: 1230:Jean De Belot (12 October 1995). 839:as the head governing authority. 2296:Enfantin and the Saint-Simonians 2263:Suez Canal Engineers (1798–1869) 1913: 1761: 1725: 1600: 1588: 725: 713: 701: 689: 684:Suez canal construction laborers 677: 665: 653: 296:François Barthélemy Arlès-Dufour 286:Original canal concession (1854) 193:government of the United Kingdom 1675: 1657: 1639: 1500: 995:Crédit Industriel et Commercial 858:World War I and Interwar period 2437:Jetty construction (1863-1869) 2425:Paul Borel, Alexandre Lavalley 1868: 1425:, pp. 233, 241, 243, 250. 1242: 1223: 330:Second canal concession (1856) 13: 1: 2271:Napoleon's Survey (1798–1801) 2165:Anglo-Egyptian treaty of 1936 1940:Suez Canal Container Terminal 1682:Yves Wehrli (15 April 2015). 1437:, pp. 246, 252, 256–257. 1204: 1099:(4 April 1927 – 1 March 1948) 833:an anti-European riot in 1882 769:Suez Company office built by 760:Exposition Universelle (1889) 269: 2155:Convention of Constantinople 1806:see also review of this book 1249:Jean-Noël Jeanneney (1981), 1232:"A quoi sert le Suez ?" 1002:Société Générale de Belgique 854:between Britain and France. 844:Convention of Constantinople 720:1869 inauguration, engraving 567:on the Black Sea, created a 518:list and the abolishment of 494:with, at its height, 60,000 411:In late Spring of 1858, the 229:Société Générale de Belgique 215:Compagnie financière de Suez 7: 2334:Barthélemy-Prosper Enfantin 2305:Barthélemy-Prosper Enfantin 1169:Emancipation reform of 1861 1162: 1052: 1008:Paris headquarters building 308:Barthélemy Prosper Enfantin 10: 2498: 2421:Chief Engineer (1861-1869) 2415:Chief Engineer (1859-1861) 1820:on Google Books, in French 1771:Karabell, Zachary (2003). 1745:Fitzgerald, Percy (1876). 1698: 1152:(October 1990 – July 1995) 1146:(July 1986 – October 1990) 413:French Academy of Sciences 29: 2405: 2362: 2318: 2294: 2287: 2269: 2173: 2132: 2096: 2073: 2046: 2010: 1974: 1967: 1922: 1911: 1876: 1194:Suez (company, 1997–2008) 131: 105: 94: 86: 76: 68: 60: 48: 32:Suez (company, 1997–2008) 2419:François Philippe Voisin 2406:Construction (1859–1869) 2054:Area Development Project 2028:El Ferdan Railway Bridge 1890:Port Said Port Authority 1133:(March 1983 – July 1986) 1061:(1855 – 7 December 1894) 978:Union des mines La Hénin 504:François Philippe Voisin 436:Suez Company stamp, 1868 379:exemptions. A majority ( 30:Not to be confused with 1829:Suez corporate web site 1818:Statutes of the Company 1158:(July 1995 – June 1997) 909:Jacques Georges-Picot's 850:, the same year as the 469:, assembled some aging 448:had few residents, the 252:Suez-Lyonnaise des eaux 167:in 1858 to operate the 100:Suez-Lyonnaise des eaux 2329:Paul-Adrien Bourdaloue 2310:Charles Joseph Lambert 2160:Raid on the Suez Canal 1719:10.1093/past/144.1.116 1080:(3 August 1896 – 1913) 1041: 1029: 1017: 977: 960: 954: 948:Development after 1956 789: 777: 762: 751: 589:bucket chain excavator 437: 429: 428:Ottoman Empire in 1862 408: 282: 234: 222: 214: 158: 2378:John Robinson McClean 2279:Jacques-Marie Le Père 2109:Canal of the Pharaohs 1905:Port Said Governorate 1184:1948 Arab–Israeli War 1109:Jacques Georges-Picot 1105:(4 April 1948 – 1957) 1103:François Charles-Roux 1015: 983:Banque de l'Indochine 783: 768: 757: 749: 569:tunnel boring machine 532:Boghos Nubar Nubarian 435: 427: 406: 277: 183:, with Egypt's ruler 2354:The Talabot brothers 2288:Planning (1833–1859) 2140:Ferdinand de Lesseps 2081:Lessepsian migration 2018:Port Said Lighthouse 1900:Ismailia Governorate 1884:Suez Canal Authority 1199:Suez (company, 2015) 1179:Port Said Lighthouse 1137:Renaud de La Genière 1086:(19 May 1913 – 1927) 1059:Ferdinand de Lesseps 810:Lionel de Rothschild 788:, early 20th century 581:price-per-unit basis 530:. Ismail authorised 353:British at that time 203:, precipitating the 201:Suez Canal Authority 165:Ferdinand de Lesseps 151:, full initial name 81:Ferdinand de Lesseps 36:Suez (company, 2015) 2202:Operation Telescope 2192:Operation Musketeer 2133:French/UK operation 2038:Power line crossing 1779:. Alfred A. Knopf. 1766:. 19 December 1938. 1615:, pp. 268–270. 1555:on 20 February 2007 1538:, pp. 265–266. 1497:, pp. 262–264. 1389:, pp. 210–211. 1350:, pp. 208–210. 1338:, pp. 182–204. 1326:, pp. 116–137. 1314:, pp. 154–180. 1302:, pp. 132–144. 1290:, pp. 106–123. 892:Italian East Africa 884:sphere of influence 848:into effect in 1904 708:Dredging operations 660:Construction trains 556:École Polytechnique 335:subdivision of the 45: 2207:Protocol of Sèvres 2197:Operation Tarnegol 2150:Suez Canal Company 2033:Ahmed Hamdi Tunnel 1800:Carminati, Lucia. 1749:. Tinsley Brothers 1707:Past & Present 1635:. 15 January 2014. 1603:, pp. 12, 13. 1018: 925:Gamal Abdel Nasser 888:board of directors 790: 778: 763: 752: 672:Chalufa ridge work 552:Alexandre Lavalley 524:American Civil War 438: 430: 420:Canal construction 409: 392:board of directors 283: 241:Lyonnaise des eaux 197:Gamal Abdel Nasser 149:Suez Canal Company 43: 18:Suez Canal Company 2444: 2443: 2429:Alphonse Couvreux 2401: 2400: 2349:Robert Stephenson 2229: 2228: 2225: 2224: 2069: 2068: 2023:Suez Canal Bridge 1997:Great Bitter Lake 1653:. 6 October 1987. 1373:978-1-61060-586-1 1278:, pp. 81–82. 1156:Gérard Mestrallet 1118:(1957 – May 1971) 975:'s conglomerate, 942:Camp David Accord 831:. In response to 806:Benjamin Disraeli 601:Cape of Good Hope 585:Alphonse Couvreux 456:until 1861, when 450:Great Bitter Lake 365:Robert Stephenson 235:Compagnie de Suez 141: 140: 44:Compagnie de Suez 27:Transport company 16:(Redirected from 2489: 2435:Dussaud brothers 2388:Pietro Paleocapa 2292: 2291: 2256: 2249: 2242: 2233: 2232: 2130: 2129: 2104:Heroopolite Gulf 1972: 1971: 1923:Cities and ports 1917: 1895:Suez Governorate 1863: 1856: 1849: 1840: 1839: 1790: 1778: 1767: 1758: 1756: 1754: 1741: 1739: 1737: 1732:. ebha.org. 2007 1731: 1722: 1692: 1691: 1679: 1673: 1672: 1661: 1655: 1654: 1643: 1637: 1636: 1625: 1616: 1610: 1604: 1598: 1592: 1586: 1577: 1571: 1565: 1564: 1562: 1560: 1545: 1539: 1533: 1527: 1521: 1515: 1514: 1512: 1504: 1498: 1492: 1486: 1480: 1474: 1468: 1462: 1456: 1450: 1444: 1438: 1432: 1426: 1420: 1414: 1408: 1402: 1396: 1390: 1384: 1378: 1377: 1357: 1351: 1345: 1339: 1333: 1327: 1321: 1315: 1309: 1303: 1297: 1291: 1285: 1279: 1273: 1267: 1261: 1255: 1254: 1246: 1240: 1239: 1227: 1221: 1215: 1145: 1131:Jean Peyrelevade 1117: 1098: 1073: 1044: 1037:General Electric 1022:Henri Paul Nénot 980: 974: 963: 957: 876:Benito Mussolini 852:Entente cordiale 802:Société Générale 742:Early operations 729: 717: 705: 693: 681: 669: 657: 648:million (1867). 388: 387: 383: 249: 237: 225: 217: 161: 53: 46: 42: 21: 2497: 2496: 2492: 2491: 2490: 2488: 2487: 2486: 2447: 2446: 2445: 2440: 2397: 2358: 2314: 2283: 2265: 2260: 2230: 2221: 2185: 2178: 2169: 2128: 2120:Obstruction by 2092: 2065: 2042: 2006: 1963: 1918: 1909: 1872: 1867: 1814: 1797: 1795:Further reading 1787: 1752: 1750: 1735: 1733: 1729: 1701: 1696: 1695: 1688:Clifford Chance 1680: 1676: 1663: 1662: 1658: 1645: 1644: 1640: 1627: 1626: 1619: 1611: 1607: 1599: 1595: 1587: 1580: 1572: 1568: 1558: 1556: 1547: 1546: 1542: 1534: 1530: 1522: 1518: 1510: 1506: 1505: 1501: 1493: 1489: 1481: 1477: 1469: 1465: 1457: 1453: 1445: 1441: 1433: 1429: 1421: 1417: 1409: 1405: 1397: 1393: 1385: 1381: 1374: 1360:Keith Haddock. 1358: 1354: 1346: 1342: 1334: 1330: 1322: 1318: 1310: 1306: 1298: 1294: 1286: 1282: 1274: 1270: 1262: 1258: 1247: 1243: 1228: 1224: 1216: 1212: 1207: 1165: 1139: 1111: 1092: 1084:Charles Jonnart 1067: 1055: 1047:Clifford Chance 1010: 991:Crédit Agricole 987:Banque Indosuez 968: 950: 900: 860: 744: 737: 730: 721: 718: 709: 706: 697: 696:Dredge machine 694: 685: 682: 673: 670: 661: 658: 625:prince of Wales 422: 401: 385: 381: 380: 357:Lord Palmerston 332: 288: 272: 243: 127: 113:Banque Indosuez 98:Merger to form 56: 39: 28: 23: 22: 15: 12: 11: 5: 2495: 2485: 2484: 2479: 2474: 2469: 2464: 2459: 2442: 2441: 2439: 2438: 2432: 2422: 2416: 2409: 2407: 2403: 2402: 2399: 2398: 2396: 2395: 2390: 2385: 2383:Alois Negrelli 2380: 2375: 2369: 2367: 2360: 2359: 2357: 2356: 2351: 2346: 2344:Alois Negrelli 2341: 2336: 2331: 2325: 2323: 2316: 2315: 2313: 2312: 2307: 2301: 2299: 2289: 2285: 2284: 2282: 2281: 2275: 2273: 2267: 2266: 2259: 2258: 2251: 2244: 2236: 2227: 2226: 2223: 2222: 2220: 2219: 2214: 2209: 2204: 2199: 2194: 2188: 2186: 2179: 2171: 2170: 2168: 2167: 2162: 2157: 2152: 2147: 2142: 2136: 2134: 2127: 2126: 2117: 2111: 2106: 2100: 2098: 2094: 2093: 2091: 2090: 2089: 2088: 2077: 2075: 2071: 2070: 2067: 2066: 2064: 2063: 2062: 2061: 2059:New Suez Canal 2050: 2048: 2044: 2043: 2041: 2040: 2035: 2030: 2025: 2020: 2014: 2012: 2008: 2007: 2005: 2004: 2002:Ismaïlia Canal 1999: 1994: 1989: 1984: 1978: 1976: 1969: 1968:Infrastructure 1965: 1964: 1962: 1961: 1960: 1959: 1949: 1944: 1943: 1942: 1937: 1926: 1924: 1920: 1919: 1912: 1910: 1908: 1907: 1902: 1897: 1892: 1887: 1880: 1878: 1874: 1873: 1866: 1865: 1858: 1851: 1843: 1837: 1836: 1831: 1826: 1821: 1813: 1812:External links 1810: 1809: 1808: 1796: 1793: 1792: 1791: 1785: 1768: 1759: 1742: 1723: 1700: 1697: 1694: 1693: 1674: 1656: 1638: 1633:Paris-Bise-Art 1617: 1605: 1593: 1578: 1576:, p. 268. 1566: 1540: 1528: 1526:, p. 265. 1516: 1499: 1487: 1475: 1463: 1461:, p. 260. 1451: 1439: 1427: 1415: 1403: 1401:, p. 239. 1391: 1379: 1372: 1352: 1340: 1328: 1316: 1304: 1292: 1280: 1268: 1256: 1241: 1222: 1220:, p. 122. 1209: 1208: 1206: 1203: 1202: 1201: 1196: 1191: 1186: 1181: 1176: 1171: 1164: 1161: 1160: 1159: 1153: 1147: 1134: 1128: 1125: 1122: 1119: 1106: 1100: 1090:Louis de Vogüé 1087: 1081: 1075: 1065:Jules Guichard 1062: 1054: 1051: 1009: 1006: 949: 946: 899: 896: 878:demanded that 859: 856: 771:Edmond Coignet 743: 740: 739: 738: 731: 724: 722: 719: 712: 710: 707: 700: 698: 695: 688: 686: 683: 676: 674: 671: 664: 662: 659: 652: 575:. The varying 536:Emile Ollivier 421: 418: 400: 397: 337:Ottoman Empire 331: 328: 324:Paulin Talabot 320:Sa'id of Egypt 304:Richard Cobden 287: 284: 271: 268: 139: 138: 133: 129: 128: 126: 125: 120: 115: 109: 107: 103: 102: 96: 92: 91: 88: 84: 83: 78: 74: 73: 70: 66: 65: 62: 58: 57: 54: 26: 9: 6: 4: 3: 2: 2494: 2483: 2480: 2478: 2475: 2473: 2470: 2468: 2465: 2463: 2460: 2458: 2455: 2454: 2452: 2436: 2433: 2430: 2426: 2423: 2420: 2417: 2414: 2413:Eugène Mougel 2411: 2410: 2408: 2404: 2394: 2391: 2389: 2386: 2384: 2381: 2379: 2376: 2374: 2373:Charles Manby 2371: 2370: 2368: 2365: 2361: 2355: 2352: 2350: 2347: 2345: 2342: 2340: 2337: 2335: 2332: 2330: 2327: 2326: 2324: 2321: 2317: 2311: 2308: 2306: 2303: 2302: 2300: 2297: 2293: 2290: 2286: 2280: 2277: 2276: 2274: 2272: 2268: 2264: 2257: 2252: 2250: 2245: 2243: 2238: 2237: 2234: 2218: 2215: 2213: 2210: 2208: 2205: 2203: 2200: 2198: 2195: 2193: 2190: 2189: 2187: 2183: 2176: 2172: 2166: 2163: 2161: 2158: 2156: 2153: 2151: 2148: 2146: 2145:Isma'il Pasha 2143: 2141: 2138: 2137: 2135: 2131: 2124: 2123: 2118: 2115: 2112: 2110: 2107: 2105: 2102: 2101: 2099: 2095: 2087: 2084: 2083: 2082: 2079: 2078: 2076: 2072: 2060: 2057: 2056: 2055: 2052: 2051: 2049: 2045: 2039: 2036: 2034: 2031: 2029: 2026: 2024: 2021: 2019: 2016: 2015: 2013: 2011:Constructions 2009: 2003: 2000: 1998: 1995: 1993: 1990: 1988: 1985: 1983: 1980: 1979: 1977: 1973: 1970: 1966: 1958: 1955: 1954: 1953: 1950: 1948: 1945: 1941: 1938: 1936: 1933: 1932: 1931: 1928: 1927: 1925: 1921: 1916: 1906: 1903: 1901: 1898: 1896: 1893: 1891: 1888: 1885: 1882: 1881: 1879: 1875: 1871: 1864: 1859: 1857: 1852: 1850: 1845: 1844: 1841: 1835: 1832: 1830: 1827: 1825: 1822: 1819: 1816: 1815: 1807: 1803: 1799: 1798: 1788: 1786:0-375-40883-5 1782: 1777: 1776: 1769: 1765: 1760: 1748: 1743: 1728: 1724: 1720: 1716: 1712: 1708: 1703: 1702: 1689: 1685: 1678: 1670: 1666: 1660: 1652: 1648: 1642: 1634: 1630: 1624: 1622: 1614: 1609: 1602: 1597: 1591:, p. 23. 1590: 1585: 1583: 1575: 1570: 1554: 1550: 1544: 1537: 1532: 1525: 1520: 1509: 1503: 1496: 1491: 1485:, p. 96. 1484: 1479: 1473:, p. 87. 1472: 1467: 1460: 1455: 1449:, p. 66. 1448: 1443: 1436: 1431: 1424: 1419: 1412: 1407: 1400: 1395: 1388: 1383: 1375: 1369: 1365: 1364: 1356: 1349: 1344: 1337: 1332: 1325: 1320: 1313: 1308: 1301: 1296: 1289: 1284: 1277: 1272: 1266:, p. 79. 1265: 1260: 1252: 1245: 1237: 1233: 1226: 1219: 1214: 1210: 1200: 1197: 1195: 1192: 1190: 1187: 1185: 1182: 1180: 1177: 1175: 1174:Panic of 1873 1172: 1170: 1167: 1166: 1157: 1154: 1151: 1148: 1143: 1138: 1135: 1132: 1129: 1126: 1123: 1120: 1115: 1110: 1107: 1104: 1101: 1096: 1091: 1088: 1085: 1082: 1079: 1076: 1071: 1066: 1063: 1060: 1057: 1056: 1050: 1048: 1043: 1038: 1033: 1031: 1027: 1023: 1014: 1005: 1003: 998: 996: 992: 988: 984: 979: 972: 967: 962: 956: 945: 943: 939: 934: 930: 926: 922: 918: 914: 910: 905: 895: 893: 889: 885: 881: 877: 872: 869: 865: 864:T.E. Lawrence 855: 853: 849: 845: 840: 838: 834: 830: 826: 821: 819: 814: 811: 807: 803: 797: 794: 787: 782: 776: 772: 767: 761: 756: 748: 735: 728: 723: 716: 711: 704: 699: 692: 687: 680: 675: 668: 663: 656: 651: 650: 649: 645: 642: 637: 635: 630: 626: 620: 618: 614: 610: 604: 602: 596: 592: 590: 586: 582: 578: 574: 570: 566: 562: 557: 553: 547: 544: 541: 537: 533: 529: 525: 521: 517: 516:civil service 513: 508: 505: 501: 497: 493: 489: 484: 480: 476: 472: 468: 463: 462:Eugène Mougel 459: 455: 454:corvée labour 451: 447: 443: 434: 426: 417: 414: 405: 396: 393: 376: 374: 370: 366: 362: 358: 354: 350: 346: 342: 341:Sublime Porte 338: 327: 325: 321: 317: 316:Eugène Mougel 313: 309: 305: 301: 297: 292: 281: 276: 267: 265: 261: 257: 253: 247: 242: 238: 236: 230: 226: 224: 218: 216: 208: 206: 202: 198: 194: 190: 189:Isma'il Pasha 186: 182: 178: 174: 170: 166: 162: 160: 154: 150: 146: 137: 134: 130: 124: 121: 119: 116: 114: 111: 110: 108: 104: 101: 97: 93: 89: 85: 82: 79: 75: 71: 67: 63: 59: 52: 47: 41: 37: 33: 19: 2393:James Rendel 2121: 1987:Lake Manzala 1801: 1774: 1763: 1751:. Retrieved 1734:. Retrieved 1710: 1706: 1687: 1677: 1668: 1659: 1650: 1641: 1632: 1608: 1596: 1569: 1557:. 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Index

Suez Canal Company
Suez (company, 1997–2008)
Suez (company, 2015)

Ferdinand de Lesseps
Suez-Lyonnaise des eaux
Banque Indosuez
Engie
Suez
Paris
Ferdinand de Lesseps
Egyptian
concession
Suez Canal
stock
Sa'id Pasha
Isma'il Pasha
government of the United Kingdom
Gamal Abdel Nasser
Suez Canal Authority
Suez Crisis
Société Générale de Belgique
Lyonnaise des eaux
fr
Suez-Lyonnaise des eaux
Suez
Engie
Suez

Nadar

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