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Nationalization
History of Egypt
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| | 1956 | Nasser, Gamal Abdel | |
| 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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