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...Israelis reached Suez city in the third week of the war. They dug in south of the city and set up observation posts on a 600-ft. peak of the Ataka range. From there they surveyed and controlled the entire Bay of Suez area. Since the war ended there have been occasional artillery and armor skirmishes. In the past two weeks, however, when it became apparent that the Israelis would be leaving, the shooting stopped and both sides went fishing...

Author: /time Magazine | Title: The World: Here We Are, Leaving Egypt | 2/4/1974 | See Source »

...Israeli troops began their negotiated pullback from the west bank of the Suez Canal last week, Egypt could look forward for the first time in 6½ years to regaining full control-by March 5-of its canal. Blockaded and unused except as a bitter point of confrontation since the June 1967 war, the channel had previously served for 98 years as a crucial waterway between continents, a ribbon of commerce along which East met West. Indeed, its completion in 1869 was deemed such a historic occasion for Western Europe's mercantile ambitions that elaborate dedication ceremonies were attended...

Author: /time Magazine | Title: EGYPT: The Canal Reborn | 2/4/1974 | See Source »

Will Egypt reopen the Big Ditch? Though President Anwar Sadat has announced no definite plans to do so, most Egyptians are convinced that he is only too anxious to proclaim the nation's hard-won repossession of the Suez by opening it again to the world's merchant fleets. A small group of high-level Egyptian officials, with Sadat's blessing, is already hard at work on plans for a rebirth of the Suez Canal and its cities...

Author: /time Magazine | Title: EGYPT: The Canal Reborn | 2/4/1974 | See Source »

...dramatize his determination to rebuild right away, Minister for Reconstruction Osman Ahmed Osman, 56, is determined to be the first civilian into Suez city after the Israeli occupation ends. The boss of Arab Contractors, Egypt's largest building firm, Osman has been charged by Sadat with overseeing the reconstruction of all canal zone cities. He plans to establish headquarters in Ismailia, his birthplace and seat of the old canal company. The clearance of the canal itself will be directed by Mashour Ahmed Mashour, 55, the ex-army officer and graduate engineer who has been chairman of the Suez Canal...

Author: /time Magazine | Title: EGYPT: The Canal Reborn | 2/4/1974 | See Source »

Oddly enough, a reopened canal may well have less effect on the transportation of oil, its old staple, than on other materials. Israel operates a pipeline from the Mediterranean to the Gulf of Aqaba, and Egypt is about to build a pipeline from the Mediterranean to the Gulf of Suez, skimming off some of the Persian Gulf oil that used to be shipped through the Suez on tankers. Moreover, some oil company officials claim that the cheapest way of all to transport oil is in supertankers too big to run the canal. Even so, a third of the world...

Author: /time Magazine | Title: EGYPT: The Canal Reborn | 2/4/1974 | See Source »

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