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What else can I help you with?
Why is the Suez canal profitable for Egypt?
The Suez Canal is the only way to get from the Mediterranean Sea to the Indian Ocean without having to travel all the way around Africa. The Suez Canal is also under the ownership of the Suez Canal Authority which is an Eqyption holding. Ships must pay to use the canal, like a toll road, otherwise they would have to pay much more to traverse the much greater distance to go around Africa.
Who found Suez canal?
Egypt originally owned the Suez Canal and sold it to great Britain to pay off debts
After building the Suez Canal what happened to Egypt?
they could not pay their debts and had to sell the Seuz Canal.
The Egyptians seized control of the Suez canal in order to what?
Supported by Soviet arms and money, and furious with the United States for reneging on a promise to provide funds for construction of the Aswan Dam on the Nile River, Nasser ordered the Suez Canal seized and nationalized, arguing tolls from the ships passing through the canal would pay for the Dam.
Were Europe and Asia connected?
Yes. In fact, they still are. Egypt and Israel are actually connected to each other. However, there is a canal which goes in between them called the Suez Canal. Typically, ships pay a hefty fee to take this shortcut.
Which country bought the shares in 1875 for Suez canal to pay of the debts?
Great Britain.
Who started the Suez Canal project?
The Egyptians orignally created it but then sold it to Britan to pay down debt :)
Why were the british able to purchase the Suez canal from egyptians?
Egypt had too much Debt that it could not pay back
In 1875 Egypt sold its shares of the Suez Canal to pay off debts. Which country bought the shares?
british
Why were British able to purchase the Suez canal from the Egyptians?
Egypt had too much Debt that it could not pay back
Why were the British able to purchase the Suez Canal from the Egyptian?
Egypt had too much Debt that it could not pay back
What fees to pay at Suez Canal?
In order to get accurate Performa (fees to pay) You have to contact authorized Suez Canal agency like www.seabird-marine.comand give him the below information(1)The name and nationality of the vessel, her ex-name if any.(2)Suez Canal Gross Tonnage and Deadweight Tonnage, Draught and Beam.(3)Whether they intend transiting or merely stopping in the harbours and in this case, mention the duration of stay required.(4)The E.T.A.(5)Whether they carry dangerous cargo stating quantity and class according to I.M.O's regulations (see part (V) Vessel Carrying Dangerous Cargo).The Suez Canal Agent will search and calculate using the records of the Suez Canal authorityAnd give you the exact prices
