When Egypt’s President Gamal Abdel Nasser grabbed the Suez Canal 6½ years ago ... 1956 that they would never get a cent out of their nationalized investment. But with 1962 revenue at a whopping ...
Bulldozers push earth and dredgers spit mud round the clock at Egypt’s Suez ... Canal in a race to quickly expand the strategic waterway for two-way traffic, a project trumpeted by President ...
In 1952, Gamal ... Suez Canal. But it was owned by Britain and France and very few of the huge profits made on the Canal ever found their way into the Egyptian economy. In 1956, Nasser ...