Egypt inaugurates renovated Suez Canal
Cairo: Egypt has inaugurated the major expansion of the Suez Canal. The massive project which included partly widening and deepening of the canal to increase traffic and revenue was able to complete within a time frame of one year with a cost over $8 billion. According to the Suez Canal Authority, the addition of the seventy-two kilometers (45 miles) long new waterways would definitely ease the movement of the ships through the canal. The inaugural ceremony opened by the Egyptian President Abdel...