A former army chief, Sisi led the army to oust Mohamed Morsi, Egypt’s first freely elected president, in a 2013 coup following protests against his rule.
Egypt spent US$8 billion on the canal extension, which was completed two years ahead of schedule. The construction of the new waterway, which runs alongside most of the existing canal, began less than a year ago. Numerous container ships sailed through as part of the trial,...
Egypt’s Ambassador to Namibia, Mahmoud Fawzy Abou Dounya, who held a small reception at the Egyptian Embassy in Windhoek, said the extension would create “a new canal parallel to the existing Suez Canal and double the waterway to facilitate traffic in two directions”.
President Abdel Fattah al-Sisi kicked off a lavish ceremony yesterday to unveil a “new” Suez Canal, as Egypt sought to boost its economy and global standing by expanding the vital waterway. It also includes a deepening and widening of 37 km of the existing canal,...
Egypt is to unveil a major extension of the Suez Canal on Thursday, a mega-project that has emerged as a cornerstone of President Abdel-Fattah el-Sissi’s efforts to restore national pride and revive the economy after years of unrest.
Egyptian President Abdel-Fattah el-Sissi has officially inaugurated the New Suez Canal, a highly-publicized project meant for boosting his nationalist image and shoring up the country’s battered economy.
Others have suggested Suez Canal may not need an upgrade. Traveling from Singapore to New York through Suez reduces the distance by 19 percent compared with the route via the Pacific and the Panama Canal.