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Port Fuad — Port Said، Egypt
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Port Fuad

Virtual asset linked to this landmark

Price
26,300 TGZ
Virtual owner
The platform
Times sold
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About Port Fuad and its history

A town on the east bank of the Suez Canal opposite Port Said, founded in 1926 and named after King Fuad I.

Port Fuad or Port Fouad (Arabic: بورفؤاد Borfoʾād, IPA: [boɾ.foˈʔæːd]) is a city in Port Said Governorate, Egypt. Port Fuad is located in northeastern Egypt at the northwesternmost tip of the Sinai Peninsula on the Asian side of the Suez Canal, across from the city of Port Said. Port Fuad is considered a suburb of Port Said and together they form a metropolitan area of over one million residents. Along with the likes of Colón, Panama (North/South America) and Istanbul, Turkey (Asia/Europe), it is one of the few transcontinental cities in the world, in that it spans across two continents (Africa/Asia).

Port Fuad has a population of 81,591 (as of 2015).

History

Port Fuad was established in 1926, principally to relieve overcrowding in Port Said, and was named after King Fuad I (also transliterated as Fouad), the first holder of the title King of Egypt in the modern era (having previously held the title Sultan of Egypt).

After the war of 1967, Port Fuad was the only piece of Sinai held by the Egyptians. The Israeli army tried to capture Port Fuad during the War of Attrition in the battle of Ras al Aish but was defeated by the Egyptian forces. After the October War, in the Camp David Accord of 1978, Israel agreed to return Sinai to Egypt peacefully, and later the two countries signed a peace treaty. Today Port Fuad is a major air defence position for Egypt. Despite its important location, as of 2006, Port Fuad was still considered a residential zone, with very few facilities and no major downtown or city center.

Geography

The city is located on Port Fuad Island, a triangular island bounded by the Mediterranean to the North, the Suez Canal to the West, and the relatively new eastern channel from the Suez Canal to the Mediterranean to the East. Lying on the eastern side of the main canal.

The Suez Canal Authority forms the main employment of the city, and its employees comprise most of the population. It has one general hospital.

Source: Wikipedia · text available under CC BY-SA 4.0

Location
Port Said, Egypt
Coordinates
31.2500, 32.3167
Category
Districts, Streets & Markets

Source: Wikipedia · Factual information about the real landmark; unrelated to virtual ownership.

Price & ownership history

44,000declared price over time26,300

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