Economy17 November 1869

Opening of the Suez Canal

The Suez Canal linking the Mediterranean and the Red Sea opened, greatly shortening the sea route from Europe to Asia.

Opening ceremony of the Suez Canal at Port Said, 17 November 1869 — by Édouard Riou
Opening ceremony of the Suez Canal at Port Said, 17 November 1869 — by Édouard Riou

Édouard Riou · Public domain · Source

The Frenchman Ferdinand de Lesseps obtained the concession from Egypt’s Said Pasha and began work in 1859. Tens of thousands of Egyptian peasants were conscripted as forced labour, and ten years later, on 17 November 1869, the canal was opened in the presence of the French Empress Eugénie and others. The voyage from London to Bombay, once round the Cape of Good Hope, was cut sharply, making it easier for the European powers to push into Asia.

But the canal and other modernizing projects left Egypt deeply in debt. In 1875 Egypt sold its canal shares to Britain under Disraeli, and the next year Britain and France took joint control of Egyptian finances. As the "route to India" the canal became the lifeline of the British Empire, which led to the British occupation of Egypt in 1882.

The map in 1869

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States at the time
Egypt under the Muhammad Ali dynasty
France · builder
Great Britain

People

  • Ferdinand de Lesseps1805 – 1894

    leader · French diplomat and entrepreneur who won the concession for the Suez Canal from Egypt and opened it in 1869

Before and after

Themes that include this event

  • Imperialism and the Partition of the World1839 – 1914

    From the Tanzimat to Sarajevo — seventy-five years in which the powers carved up West Asia, India, Southeast Asia, Africa and the Pacific, and the peoples there answered with reform and resistance