Nasser seized power in 1952. 1953 Political parties dissolved, monarchy abolished. Republic proclaimed with Gen. Neguib as president. 1954 Nasser deposes Neguib to become president. 1956 Suez Crisis.
British troops withdraw from Canal.
Nasser orders nationalization of Suez Canal Company to raise revenue for Aswan Dam. Suez Canal reopens after UN salvage fleet clears blockade. Egypt merges with Syria as United Arab Republic. 1960 Soviets begin work on the Aswan Dam. 1961 Syria breaks away from union with Egypt.