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JULY 26 — Egypt is seizing the Suez Canal under a nationalization decree, President Gamal Abdel Nasser announced tonight. Its revenues will be used to build the Aswan High Dam, he said.
President Gamal Abdel Nasser Saturday pressed a button that set off 11½ tons of dynamite and started construction of the Aswan high dam, biggest project in Egypt since the Suez Canal 100 years ...
the United States and Britain withdrew a pledge to fund the construction of the Aswan High Dam after Egypt moved closer to the Soviet bloc. In retaliation, Nasser nationalised the Suez Canal ...
The Suez Canal became a centre of conflict between ... s commercial interests and had opposed the building of the Aswan Dam. The tripartite forces advanced into Egypt on 29 October to regain ...
DURING the course of a recent investigation of the current regime in the Suez Canal, an unusual distribution of salinity was observed along the Canal in September 1966. Comparison with older data ...
Strictly speaking, Egypt’s Gamal Abdel Nasser nationalized not the Suez Canal but the Suez Canal ... provide funding for construction of the Aswan Dam after the Americans and British withdrew ...
Nasser’s response was simple: if the Americans and British wouldn’t subsidize the Aswan Dam, then Egypt would nationalize the Suez Canal and use the toll revenues to build the dam itself.
The original Aswan Dam was built and completed by the British in 1902 about four miles downstream from where the Aswan High Dam is located today.
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