While the inauguration of the New Suez Canal is just about two weeks ahead, Egypt has announced that there are plans to build a third canal. The New Suez Canal, whose construction was launched last year to reduce the country’s unemployment rate and also to boost income, is scheduled to be inaugurated on August 6th. […]
Tag: Mohab Mameesh
Egypt to inaugurate new Suez Canal Aug. 6
The second route to the Suez Canal, a gigantic project announced shortly after the coming to power of President Abdel Fattah el-Sisi, will be inaugurated in Egypt on August 6, President el-Sisi said in a televised address. “The dry digging in the new canal has been 100% completed,” Sisi said, adding that 65% of dredge […]
Egypt: $8.2 billion Suez Canal lane to be inaugurated in August
Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]


