When the US and the World Bank withdrew their offer to help finance the Aswan High Dam in mid-1956, Nasser nationalized the privately owned Suez Canal Company.
Cando os Estados Unidos e o Banco Mundial retiraron a oferta de axudar a financiar o Encoro de Asuán en 1956, Nasser nacionalizou a Compañía do Canal de Suez, anteriormente en mans privadas.