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.
In the nearer future, Gaza’s electricity supply will likely be improved by a new but so-far provisional deal for Qatar to buy Leviathan gas and pipe it to the Strip’s lone power station, which currently uses fuel oil ... The UAE is likewise wary of potential deals involving Qatar given their ongoing regional rivalry.
Veolia on Sunday announced it would pay 7.9 billion euros (US$9.5 billion) for the 70.1 percent of Suez it does not already own ...Up to now, Veolia has sought to convince the Suez board of the merits of the deal, but Sunday’s announcement suggested it had run out of patience.
Veolia Environnement SA was ordered by a French court to suspend its hostile attempt to buy utility rival Suez SA, the latest escalation in a long-running takeover battle that is testing the bounds of the country’s corporate culture ... Suez is arguing that Veolia’s ...
European shares were led upwards by economically sensitive cyclical sectors, as sentiment was lifted by hopes of a quicker recovery and multibillion dollar deals in the region ...The French firms closed lower as new legal hurdles awaited the deal and amid a government warning of an increasingly hostile takeover battle.
Last year, commodities giant Veolia secured a deal to buy almost 30 percent of Suez from Engie SA, an energy player in which the French state owns a 22 percent stake — despite the government voting against the sale ... over Suez, has not yet reacted to Ardian and GIP’s proposal.
The stock erased almost all its gains since the deal was announced last week, with the French government opposing the deal, citing food-security concerns. French waste and water management company Suez, which is fighting a takeover approach from arch-rival Veolia, rose 3.2 per ...
SUEZ announced on Wednesday morning that its Hackensack system — which serves about 800,000 people in 57 municipalities across Bergen and Hudson counties — is no longer subject to special state oversight for lead ... The SUEZ Hackensack system is far from the only one in New Jersey dealing with problems related to lead service lines.