International Finance

Tag : new Suez Canal


Egypt unveils the new Suez Canal

The project has been completed in a record time of 13 months IFM Correspondent August 7, 2015: Egyptian president Abdel Fattah el-Sisi has unveiled a major extension to the Suez Canal at a lavish ceremony on Thursday. The former army chief formally inaugurated the $8.5 billion project as fighter planes and helicopters flew overhead. “Egyptians...