• The Suez Canal is completed, allowing ships to travel between Europe and South Asia without navigating around Africa.
  • The British defeat the Egyptian army and take control of the country.

  • Egypt gains its independence, although significant British influence remains until the 1950s.

  • President Gamal Abdel Nasser nationalizes the Suez Canal.
  • Egypt is defeated in the Six-Day War and loses control of the Sinai Peninsula and Gaza to Israel.

  • The Aswan High Dam is completed, which has a substantial impact on agriculture and industry in Egypt.

  • The Suez Canal reopens for the first time since the Six-Day War.
  • Egypt signs a peace treaty with Israel, effectively returning the Sinai Peninsula to Egypt. Subsequently, Egypt is suspended from the Arab League until 1989.

  • Violent anti-government protests across the nation force the resignation of President Sadat and thrust the country into economic distress.
  • The Persian Gulf states of Saudi Arabia, Kuwait, and the United Arab Emirates pledge funds to help stabilize Egypt's economy. This contribution is in addition to the over $20 billion in aid that Egypt has received from these gulf states since 2013.

  • The IMF approves a three-year loan of $12 billion to help Egypt out of its economic crisis.

  • Egypt joins Saudi campaign to isolate Qatar, accusing the country of promoting terrorism.


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