Final answer:
The Suez Canal was initially owned by a company called Suez Canal Company. However, control over the canal shifted when Egyptian president Gamal Abdel Nasser nationalized it in 1956 during the Suez Canal Crisis.
Step-by-step explanation:
The Suez Canal was initially owned by a company called Suez Canal Company. However, control over the canal shifted when Egyptian president Gamal Abdel Nasser nationalized it in 1956. This led to a conflict known as the Suez Canal Crisis, involving Egypt, Israel, and their allies. Ultimately, the crisis resulted in the return of control over the canal to Egypt, solidifying Nasser's position as a hero in the Arab world. The Suez Canal was initially owned by a company called Suez Canal Company. However, control over the canal shifted when Egyptian president Gamal Abdel Nasser nationalized it in 1956 during the Suez Canal Crisis.