Suez Canal Company

The Suez Canal Company was a private organization established to build and operate the Suez Canal in Egypt, which connects the Mediterranean Sea to the Red Sea, enabling faster maritime trade between Europe and Asia. Founded in the mid-19th century, it managed the canal's construction, maintenance, and profits. The canal significantly shortened shipping routes, boosting global commerce. Over time, control of the canal shifted from private ownership to Egyptian government ownership, especially after the nationalization in 1956. The company's role was crucial in facilitating international trade and exerting influence over a vital global maritime corridor.