EVENT INFORMATION

26
July
1956

Nationalization of the Suez Canal

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📅 26 July 1956 📍 Palestine

In an address in Alexandria, President Gamal Abdel Nasser announces that Egypt has nationalized the Suez Canal Company: all company assets in Egypt have been frozen, and stockholders would be compensated the price of their shares according to the day's closing price on the Paris Stock Exchange.

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