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.
A fallback $501m deal for key Sydney landfills and other assets is a “prize in itself”, Australian waste giant Cleanaway says, after becoming a stalking horse in the Suez-Veolia fight for global garbage control ....
Cleanaway’s transformative $2.5 billion deal to acquire the Australian recycling assets of Suez has been binned after the French waste giant agreed to end hostilities with suitor Veolia and agreed to a merger ....
The headquarters of French waste and water management company Suez in Courbevoie, outside Paris... The potential deal values Suez at €20.50 ($24.4) a share, which is a premium to the original €15.5 price offered last August ... One of the key reasons a deal has been done is because Veolia was seeking to vote at Suez’s impending annual shareholder meeting.
After months of fierce resistance from Suez’s management, Veolia finally unlocked a deal by offering a higher price and “social commitments” for employees of the utility. The deal gives Suez an equity value of about 13 billion euros (US$15.5 billion), Veolia chief executive officer Antoine Frerot told reporters.
Under the deal, the companies will withdraw all legal proceedings and terminate agreements for disposals, such as a recent deal for Suez to sell its recycling-and-recovery business in Australia to Cleanaway Waste ManagementLtd.
PARIS—France’s Veolia Environnement SA reached a $15.5 billion deal to acquire Suez SA, creating a water and waste-management giant that aims to soak up a global surge in infrastructure and climate-change spending ... The deal comes at a time when governments world-wide are boosting ...
The port here is preparing to deal with the shipping backlog caused by the SuezCanal blockage last month, with many vessels heading this way ...Singapore is a hub port that is intimately linked to the Suez Canal, connecting Europe, the Middle East and Asia ... the Suez Canal blockage.
SINGAPORE - The port here is readying itself to deal with the shipping backlog caused by the SuezCanal blockage last month, with many vessels heading this way ...Singapore is a hub port that is intimately linked to the Suez Canal, connecting Europe, Middle East and Asia ... More than 6,000 people are expected to tune in or attend the event ... � ....
... earnings season, while two French utility companies surged on news of a merger deal after months of wrangling. Shares of Veolia and Suez surged 9.7% and 7.7% after the waste and water management companies agreed on a merger deal worth nearly 13 billion euros ($15.4 billion).
... on the export-heavy index, while shares of drug developer C4X Discovery surged after a licensing deal with Sanofi ... Shares of Veolia and Suez surged 9.7 per cent and 7.7 per cent after the waste and water management companies agreed on a merger deal worth nearly €13 billion.