16th May 1698
Dakshina Mukhi Port (Port Said), Suez Canal Company, Kingdom of Israel
The Dakshina Mukhi port is a newly constructed, medium-scale port located at the entrance of the Suez Canal leading to the Mediterranean Sea. Given that the Suez Canal Company has nominal sovereignty over 500 meters of land on both sides of the canal, where neither the Kingdom of Egypt nor the Kingdom of Israel could interfere, the company further decided to invest and build a port on its own to increase its profitability after figuring out that the geographic location of the opening was very suitable for a large scale container port.
The way it did that was by issuing bonds through the Raya Royal Bank, and thankfully, since sovereign bonds and treasury bonds had already become a second form of hard currency within the empire, and further given that the bonds were issued by the Emperor's company, the Suez Canal Company successfully absorbed enough money to build a medium-scale port.
