Suez (company)

Suez S.A. was a leading French-based multinational corporation headquartered in the 8th arrondissement of Paris, with operations primarily in water, electricity and natural gas supply, and waste management. Suez was result of a 1997 merger between the Compagnie de Suez and Lyonnaise des Eaux, a leading French water company. In the early 2000s Suez also owned some media and telecommunications assets, but has since divested these. According to the Masons Water Yearbook 2004/5, Suez served 117.4 million people around the world. The company conducted a merger of equals with fellow utility company Gaz de France on 22 July 2008 to form GDF Suez. The water and waste assets of Suez were spun off into a separate publicly traded company, Suez Environnement.

History

Suez was (and remains, through GDF Suez) one of the oldest continuously existing multinational corporations in the world, with one line of corporate history dating back to the 1822 founding of the Algemeene Nederlandsche Maatschappij ter begunstiging van de volksvlijt (literally: General Dutch Company for the favouring of industry) by King William I of the Netherlands (see Société Générale de Belgique). Its form prior to the GDF merger was the result of nearly two centuries of reorganisation and corporate mergers. Its most recent name comes from the involvement of one of its several founding entities – the Compagnie universelle du canal maritime de Suez – in building the Suez Canal in the mid-19th century.

Suez

Suez (Arabic: السويس‎ as-Suways ; Egyptian Arabic: es-Sewēs, el-Sewēs pronounced [esseˈweːs]) is a seaport city (population ca. 497,000) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same boundaries as Suez governorate. It has three harbors, Adabya, Ain Sukhna and Port Tawfiq, and extensive port facilities. Together they form a metropolitan area. Railway lines and highways connect the city with Cairo, Port Said, and Ismailia. Suez has a petrochemical plant, and its oil refineries have pipelines carrying the finished product to Cairo.

History

Early Islamic era

In the 7th century AD a town named "Kolzum" stood just north of the site of present-day Suez and served as eastern terminus of a canal built by Amr ibn al-'As linking the Nile River and the Red Sea. Kolzum's trade fell following the closure of the canal in 770 by the second Abbasid caliph al-Mansur to prevent his enemies in Arabia from accessing supplies from Egypt and the lands north of it. Nonetheless, the town benefited from the trade that remained between Egypt and Arabia. By 780 al-Mansur's successor al-Mahdi restored part of the canal. The Qarmatians led by Hasan ibn Ahmad defeated a Fatimid army headed by Gawhar al-Siqilli at Kolzum in 971 and thereby captured the town. Following his defeat in Cairo by al-Siqilli at the end of that year, Hasan and his forces retreated to Arabia via Kolzum. Suez was situated nearby and served as a source of drinking water for Kolzum according to Arab traveler al-Muqaddasi who visited in 986.

Suez (film)

Suez is an American film released on October 28, 1938 by 20th Century Fox, with Darryl F. Zanuck in charge of production, directed by Allan Dwan and starring Tyrone Power, Loretta Young and Annabella. It is very loosely based on events surrounding the construction, between 1859 and 1869, of the Suez Canal, planned and supervised by French diplomat Ferdinand de Lesseps. The screenplay is so highly fictionalized that, upon the film's release in France, de Lesseps' descendants sued (unsuccessfully) for libel.

It was nominated for three Academy Awards: Cinematography (Peverell Marley), Original Music Score (uncredited Louis Silvers) and Sound Recording (uncredited Edmund H. Hansen).

Plot

During a tennis match in Paris between Ferdinand de Lesseps (Tyrone Power) and his friend Vicomte Rene de Latour (Joseph Schildkraut), the enthusiastic admiration of Countess Eugenie de Montijo (Loretta Young) for de Lesseps attracts the attention of Louis-Napoléon Bonaparte (Leon Ames). Bonaparte sees to it that both she and de Lesseps are invited to his reception. At the party, a fortuneteller predicts that Eugenie will have a troubled life, but also wear a crown, and that de Lesseps will dig a ditch. Entranced by Eugenie's beauty, Bonaparte arranges for his romantic rival to be assigned to a diplomatic post in Egypt, joining his father, Count Mathieu de Lesseps (Henry Stephenson), the Consul-General. De Lesseps impulsively asks Eugenie to marry him immediately, but she turns him down.

Suez (disambiguation)

Suez is a seaport town in north-eastern Egypt. Suez can also describe the following:

See also