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He did it because he needed the Revenue, but more importantly because he wanted to assert Egyptian sovereignty over all areas of Egypt and reject Western Influences.

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Alyce Corkery

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2y ago
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15y ago

President Nasser decided to nationalize the Suez Canal in 1956. He announced that shareholders would be paid for their shares. This decision was made mainly because the U.S. withdrew the offer to help Egypt build the High Dam in Aswan. (Building the High Dam was essential to Egypt in many ways: stopping the Nile from flooding, saving fresh water and for hydroelectricity). The Suez Canal was built mainly by Egyptian workers (many died during the construction) and it is completely in Egypt, so Egyptians thought that nationalizing the Suez Canal was the right thing to do.

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11y ago

He realized that the Suez Canal is a big source of income.

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11y ago

He did it because he needed the Revenue, but more importantly because he wanted to assert Egyptian sovereignty over all areas of Egypt and reject Western Influences.

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Q: Why did gamal abdel nasser take over the suez canal?
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What statement is true about gamal abdel Nasser took over what?

Gamal Abdel Nasser took over the Suez canal because he needed the money from it


Who is the Egyptian president who took over the Suez canal?

In 1955 Egyptian Premier Gamal Abdel Nasser was the leader of Egypt. In 1956 he nationalized the Suez Canal to the objection of England and France.


Why did gamal abdel took over the Suez canal?

in order to keep european ships out


What action did president gamal abdel nasser take in 1956 that triggered an international incident?

He decided to nationalise ( read take over ) the Suez Canal and drastically raise prices for foreign shipping using it.


Who took control of Egypt in 1882 to gain control of the Suez Canal?

The Arab Republic of Egypt retained control of the canal, but was required to observe International Law in monitoring and directing use of the canal. Israeli forces occupied the Sinai Peninsula from early November 1956 to March 1957 before withdrawing under Eisenhower's peace plan.


How have egyptians woman's rights improved over the last century?

Abdel Nasser gave women the right to vote and run for office after they couldn't


Who is the king in Egypt?

the first king to ever rule Egypt was king moakalaactually king narmar ruled all of Egypt first because he was the first to unite upper and lower Egypt king moakala may have been first torule Egypt but certainly not all of it


How long has Egypt been around?

It became a country in 3100 BCE or as known today over 5000 years ago. The Modern Republic of Egypt was founded in 1954 when Gamal Abdel Nasser and Mohammed Naguib overthrew King Farouk of Egypt.


When was the song ''Sawah'' by Abdelhalim Hafid released?

The song Sawah, by Abdel Halim Hafez was released in 2006. Abdel Halim Hafez wrote this short song in which the lyrics repeat over and over in Egyptian Arabic.


What is the cause of British French and Israeli plan to overthrow Egyptian leader Nasser?

For Britain and France, the goal was to re-exert control over the Suez Canal and to prevent Arabs from becoming politically strong. Egypt had been under British de facto control up until Nasser seized power by expelling King Farouk and his foreign entourage. In Israel, the goal was to weaken the Fedayeen and other Arab insurgents who were attacking Israel that were supported by Nasser as well as opening up the Straits of Tiran to Israeli shipping (so that they could trade with their then-ally Iran).


What was not considered as an achievement of Gamal Abdel Nasser?

Answer 1The total, crushing and humiliating defeat in the Six Days war of 1967, when Israel destroyed all the Egyptian Army together with its Syrian and Jordanian allies in just six days. The losses of Egypt in that war amounted to 10,000-15,000 killed or missing, Syria lost 2,500 soldiers and officers and Jordan lost in killed or missing almost 6,000 men.Israel´s losses were about 1,000 killed.Answer 2Admittedly, losing to Israel in the Six-Day War was one of Nasser's achievements, just not one that he was terribly happy about. (An achievement is something that you expend resources to gain and the Six-Day War had his fingerprints all over it.)Some things that Nasser did not achieve nor attempted to achieve include the following:Founding the United States of AmericaWriting the Classic German NovelBuild a Catamaran, Caravel, or GalleonMake Wise Quips about the Nature of HumanityBuild a Terracotta Army (although a Terracotta Army may have helped)Discover Any Major Scientific BreakthroughCreate a Functioning DemocracySeek Peace Between Any Two Warring States


What country has control over the canal that provides passage between Europe and Asia?

The UK has control over the canal that provides passage between Europe and Asia. This canal is called the Suez Canal and the UK has had control since 1936.