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.
However, there are still some causes for concern regarding supply chain management, which has bogged down some of the biggest sportswear retailers as of late, according to Christopher Rogers, Senior researcher at Panjiva, the supply chain research unit of S&P GlobalMarket Intelligence.
West Texas Intermediate and Brent both rose as gasoline surged as much as 4.2 per cent to the highest since May 2018, before paring gains ... The pipeline's unexpected outage introduces a new wild card into what was already an complex situation for oil traders just a few weeks after a blockage of the SuezCanal roiled global markets ... ....
But behind the veneer of memes and jokes the grounding of Ever Given exposed the fragile nature of global trade and the maritime infrastructure that supports it ... While the event was over quickly, a long-term closure, such as what happened during the SuezCrisis or the Six Days War, would have global ramifications.
Shares in rival Puma were also up 2 per cent ...Global online sales surge amid Covid-19 pandemic ... Adidas said the more upbeat outlook took into account problems with freight transport due to congestion at US ports and the recent blockage of the SuezCanal, as well as ongoing lockdowns in Europe, with 91 per cent of stores now reopened globally ... .
So, this is a first for me. Honestly, Heinz ketchup is about as common a product as any in the Hunt refrigerator. So why on earth would I even think of making it myself? If you haven’t read this in the news, brace yourself. The U.S ... Ketchup ... Add to that the episode in the SuezCanal that caused unprecedented obstacles in the global supply chain.
DUBLIN--(BUSINESS WIRE)--May 7, 2021--. The report has been added to ResearchAndMarkets.com's offering ... Companies Mentioned ... Key Market Trends ... France is a massive investor in nuclear power and the global leader in nuclear energy. The country houses numerous global giants in the energy business, such as GDFSuez, EDF, and Areva ... Key Topics Covered. ... PUB.
Global demand for refined fuel products continues to improve but is still below pre-COVID-19 levels ...Port delays and regional shipping container shortages in addition to one-off events like the US winter storm and the SuezCanal blockage have led to widespread force majeure declarations in the global chemical industry.
Before FirstSentier Investors, Roug�was chief transformation officer for SuezWater Technologies & Solutions, based in New York, and a senior executive at the Paris-based water treatment provider. She joined Suez in 2010 and during her tenure built and led global and diverse teams across a variety of businesses in Paris and New York.
Before FirstSentier Investors, Rougé was chief transformation officer for SuezWater Technologies & Solutions, based in New York, and a senior executive at the Paris-based water treatment provider. She joined Suez in 2010 and during her tenure built and led global and diverse teams across a variety of businesses in Paris and New York.
Philippine manufacturing was affected by the resurgence of coronavirus cases, causing a fall in output and factory closures. THE MANILA TIMESFILEPHOTO...Firms will hope that these issues are resolved, but with the full impact of the Suez blockage yet to. take effect, the disruption to global trade is expected to reverberate,” Patel added ... .