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17 November 1869Reputable source · 2 sourcesWell documented

The Suez Canal Opens

A hundred-mile channel links the Mediterranean and Red Seas and reshapes global shipping overnight

On the timeline · around 17 November 1869 · Ottoman and Khedival EgyptOttoman and Khedival EgyptModern EgyptThe Suez Canal Opens177518001825185018751900

Quick facts

Engineer
Ferdinand de Lesseps
Opened
17 November 1869
Length
About 100 miles (160 km)
Egyptian shares sold to Britain
1875, for 4 million pounds

What happened

French engineer and former diplomat Ferdinand de Lesseps secured an agreement in 1854 with the Ottoman governor of Egypt to build a canal connecting the Mediterranean and Red Seas, financed partly by Egyptian government shares and built with Egyptian corvee labor alongside foreign investment. The canal, roughly one hundred miles long, opened to navigation on 17 November 1869 in a lavish ceremony attended by French Empress Eugenie. When it opened the canal was only twenty-five feet deep and seventy-two feet wide at the bottom, far narrower than later expansions would make it, but it immediately cut the sea route between Europe and Asia by thousands of miles. Heavy debts from the canal's construction and other spending eventually forced the Egyptian ruler, the khedive, to sell his government's canal shares to Britain in 1875 for four million pounds, handing effective control of the waterway to a foreign government just six years after it opened.

Why it matters

The canal transformed Egypt from a peripheral Ottoman province into one of the most strategically important pieces of territory in the world, since it now controlled the fastest sea route between Europe and its colonies in Asia. The 1875 share sale to Britain set up the deeper British intervention in Egyptian finances and politics that would follow within a decade, culminating in outright military occupation.

How we know

The canal's construction history and 1869 opening are documented by History, and the 1875 sale of Egyptian shares to Britain and the canal's later role in British and Egyptian politics are detailed in the World History Encyclopedia's history of the canal.

Sources

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Part of a timelineHistory of Egypt24 events · A country ruled from Rome, Damascus, Baghdad, Istanbul, London, and finally itself again, and a river that outlasted every one of themView all →
The Suez Canal Opens · History of Egypt · SourcedStory