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.
RIYADH. On a macro level, the Egyptian government has devised a strategy to boost green energy production ...Looking at the bigger picture ... It noted that Egypt has signed several deals with global companies for green hydrogen production in the SuezCanal Economic Zone ... ....
CAIRO ...Renewable energy. Egypt is determined to become the region’s main exporter and producer of green energy. Through $40 billion-worth of deals with international companies, projects in the SuezCanal economic zone are expected to flourish in the production of green hydrogen by 2030, reported Egypt today ... ....
PARIS (Reuters) – French utility company Veolia confirmed it would sell Suez’s UK waste business to Australia’sMacquarie Group Ltd for around 2.4 billion euros ($2.4 billion), in a deal aimed at resolving antitrust concerns ... The deal was later closed on Jan. 7, with Veolia controlling 86% of Suez.
PARIS, Aug 8 (Reuters) - French utility company Veolia confirmed it would sell Suez's UK waste business to Australia's Macquarie Group Ltd (MQG.AX) for around 2.4 billion euros ($2.4 billion), in a deal aimed at resolving antitrust concerns ... The deal was later closed on Jan. 7, with Veolia controlling 86% of Suez.
Veolia, which agreed a €13bn deal to buy its smaller French rival last year after a bitter takeover battle, has been disposing of parts of Suez in a number of international markets to clear anti-trust concerns ... The deal, the last step in Veolia’s acquisition of Suez, follows ...
Veolia agreed to buy smaller French competitor Suez in a 13 billion euro (£10.9 billion) deal last year. However, it has had to sell parts of Suez’s waste operations in numerous regions amid concerns over how the merger deal could impact on competition within the sector.
The Sydney-based firm, known as the 'VampireKangaroo' in the City, will snap up the UK business of recycling group Suez from French group Veolia in a deal worth £2billion. Veolia agreed to buy Suez, its archrival, for £11billion last year following a bitter takeover battle ... Vampire Kangaroo's £15bn deal for UKPN collapses ... Free fund dealing.
The Sydney-based firm, known as the 'VampireKangaroo' in the City, will snap up the UK business of recycling group Suez from French group Veolia in a deal worth £2billion. Veolia agreed to buy Suez, its archrival, for £11billion last year following a bitter takeover battle.
NEW DELHI... "We anticipate the deal to be 75 per cent debt financed, and APSEZ's equity contribution to be around Rs 1600 crore," it said, adding this deal marks APSEZ's entry into a developed market, in the busy SuezCanal, and will also help the company expand its footprint in Europe ... Start a Conversation. .
Chairman of the SuezCanalAuthority... He also added that the Suez Canal will be turned into a massive economic axis that would provide ships with logistic services, pointing to the opening of a refueling line for ships soon and contracting with companies to deal with ship waste.
Clinching the 4.1 billion shekels ($1.18 billion) deal, Adani holds 70% of the shares, while Gadot has a 30% stake ... It may also come at the expense of other states in the region, including Egypt and its prized SuezCanal. The Indian group had been pushing for the port deal for two years but with no success.
... earnings and stuck to its 2022 goals for financial growth, as it continued to integrate businesses form its earlier takeover of rival Suez. “The integration of Suez’s activities since mid-January was very successful.