Seat of Zeus transferred to the Orient (4,2,4)

I believe the answer is:

east of suez

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'the orient' is the definition.
I know nothing about this answer so I can't tell whether this works.

'seat of zeus transferred' is the wordplay.
'transferred' indicates an anagram (I've seen 'transferring' mean this).
'seat'+'of'+'zeus'='seatofzeus'
'seatofzeus' with letters rearranged gives 'EAST OF SUEZ'.

'to' acts as a link.

Can you help me to learn more?

I've seen this clue in The Globe and Mail.

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