On July 26, 1956, Egyptian President Gamal Abdel Nasser announced the nationalization of the Suez Canal Company, the joint British-French enterprise which had owned and operated the Suez Canal since its construction in 1869.
What prompted the Suez crisis in 1956 quizlet?
Causes of the Suez Crisis: Arab defeat at the hands of Israel… Arabs pursuing another war. The Arabs weren’t satisfied that they had lost war to Israel, it was a public embarrassment to some countries, and an increased anger toward Israeli’s as land was taken away from the Arabs.
Does Egypt control the Suez Canal?
Egyptian nationalization Defiantly, Nasser nationalized the Suez Canal Company in July 1956 in order to use its proceeds to finance the dam.