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Al-Awqaf marks 70th anniversary of Suez Canal nationalization
The Ministry of Awqaf celebrated the 70th anniversary of the decision to nationalize the Suez Canal, which marks a historic milestone in Egypt's sovereignty over its ports and its national independence. It is noteworthy that the nationalization decision was the beginning of reclaiming control of the canal by the Egyptian people, led by President Gamal Abdel Nasser, and of establishing its position as a symbol of national will, resilience, and sacrifices. In the New Republic, development projects such as the New Suez Canal and port upgrades were launched to enhance the canal's status as a global hub for trade and logistics services and as a key component of the national economy, with an emphasis on ongoing efforts to maintain the strategic importance of this vital facility.
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