To finance the massive and unprecedented engineering project, de Lesseps and the Suez Canal Company courted foreign investors, chiefly from Western Europe. Construction began in 1859, ...

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UAE-based National Marine Dredging Company has won a $272 million contract for dredging a section of the Suez Canal where the container ship Ever Given ran aground more than a year ago.

Chinese state-owned firms Beijing Capital Group Co., China State Construction Engineering Corp. and Guangdong Holdings Ltd. are among bidders for Suez SA’s Chinese water infrastructure assets, ...

__1859: __Egyptian workers under French engineers begin construction of the Suez Canal. The canal was not the first to link the Mediterranean and Red seas. Egyptian pharaohs, Persian kings and ...

Construction began on 25 April 1859 and the canal was opened in November 1869 complete with a statue of de Lesseps dominating the harbour. Said, who died in 1867, was succeeded by his nephew Ismail.

In 1854, the French diplomat Ferdinand de Lesseps succeeded in convincing the khedive Said, Mohamed Ali’s son and successor, to sign an act of concession for the construction of a canal.

CAIRO — A proposal to bring back the statue of a French diplomat behind the idea to build the Suez Canal has stirred controversy in Egypt, with many saying it would be a salute to colonial times ...

The Suez Canal blockage was finally freed after six days Credit: ... The Suez Canal was built by French diplomat Ferdinand de Lesseps. ... Its construction took ten years between 1859 and 1869.

Suez Canal blocked: A brief history of the Egyptian trade route and the Ever Given stranded in its waters. Man-made waterway opened in 1869 but grand vision of passage to India dates back to pharaohs ...