Suez (Arabic:السويسas-Suways; Egyptian Arabic:es-Sewēs, el-Sewēs pronounced[esseˈweːs]) is a seaport city (population ca. 497,000) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same boundaries as Suez governorate. It has three harbors, Adabya, Ain Sukhna and Port Tawfiq, and extensive port facilities. Together they form a metropolitan area.
Railway lines and highways connect the city with Cairo, Port Said, and Ismailia. Suez has a petrochemical plant, and its oil refineries have pipelines carrying the finished product to Cairo.
Early Islamic era
In the 7th century AD a town named "Kolzum" stood just north of the site of present-day Suez and served as eastern terminus of a canal built by Amr ibn al-'As linking the Nile River and the Red Sea. Kolzum's trade fell following the closure of the canal in 770 by the second Abbasid caliph al-Mansur to prevent his enemies in Arabia from accessing supplies from Egypt and the lands north of it. Nonetheless, the town benefited from the trade that remained between Egypt and Arabia. By 780 al-Mansur's successor al-Mahdi restored part of the canal. The Qarmatians led by Hasan ibn Ahmad defeated a Fatimid army headed by Gawhar al-Siqilli at Kolzum in 971 and thereby captured the town. Following his defeat in Cairo by al-Siqilli at the end of that year, Hasan and his forces retreated to Arabia via Kolzum. Suez was situated nearby and served as a source of drinking water for Kolzum according to Arab traveler al-Muqaddasi who visited in 986.
During a tennis match in Paris between Ferdinand de Lesseps (Tyrone Power) and his friend Vicomte Rene de Latour (Joseph Schildkraut), the enthusiastic admiration of Countess Eugenie de Montijo (Loretta Young) for de Lesseps attracts the attention of Louis-Napoléon Bonaparte (Leon Ames). Bonaparte sees to it that both she and de Lesseps are invited to his reception. At the party, a fortuneteller predicts that Eugenie will have a troubled life, but also wear a crown, and that de Lesseps will dig a ditch. Entranced by Eugenie's beauty, Bonaparte arranges for his romantic rival to be assigned to a diplomatic post in Egypt, joining his father, Count Mathieu de Lesseps (Henry Stephenson), the Consul-General. De Lesseps impulsively asks Eugenie to marry him immediately, but she turns him down.
On his side, Rabie pointed out that the SuezShipbuildingCompany has been implementing a development plan that extends its operations from just building ships to maintaining vessels underwater, and capitalizing on its assets to hold partnerships with global companies.
When one of the world’s largest container ships became wedged in the SuezCanal in March 2021, Russia pounced on the resulting week-long global shipping stranglehold as a marketing opportunity ... The Northern Sea Route, he boasted, “makes global trade more ...
A ship crossing the New SuezCanal...Egypt’s Suez Canal recorded its ... As one of the world’s most important waterways, the Suez Canal, which originally opened in 1869, accounts for 10 percent of global maritime trade. The Suez Canal links the Mediterranean with the Red Sea.
Over the last two years, a series of unexpected events has scrambled global supply chains. The coronavirus, the war in Ukraine, Brexit, and a container ship wedged in the SuezCanal have combined to delay deliveries of everything from bicycles to pet food ...Global trade needs more diversified supply chains to handle future shocks.
The interconnectivity of nations also means a more volatile system, and volatility increases in uncertain times, be it the covid pandemic or other global events of significance, such as the Suez canal blockage that led to higher freight and shipping costs, semiconductor shortage, and the latest geopolitical tension between Russia and Ukraine.
CAIRO (AP) — Egypt’s SuezCanal said Sunday its monthly revenues hit an all-time ... About 10% of global trade, including 7% of the world’s oil, flows through the Suez Canal, which connects the Mediterranean and Red seas.