Suez Canal Company resulted in the Suez Crisis. In Lessups' original concession (1854), founders of the company were to receive 10 percent of the canal's profits. These members included Before nationalisation: |archive-date=May 28,2009 Suez Canal Company The Universal Maritime Suez Canal Company (, or simply "Compagnie de Suez" for short) was the corporation that constructed the Suez Canal between 1859 and 1869 and operated it until the 1956 Suez Crisis. It was formed by Ferdinand de Lesseps in 1858, and it owned and operated the canal for many years thereafter. Initially, French private investors were the majority of the shareholders, with Egypt also
Suez Crisis the military response had ultimately achieved nothing. Additionally, the Soviet Union was able to avoid most repercussions from its violent suppression of the rebellion in Hungary, and were able to present an image at the United Nations as a defender of small powers against imperialism. As a direct result of the Crisis and in order to prevent further Soviet expansion in the region, Eisenhower asked Congress on 5 January 1957 for authorization to use military force if requested by any Middle Eastern nation to check aggression and, secondly, to set aside $200 million to help Middle Eastern countries that desired