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Egypt’s New Suez Canal Opens August

Save the date! Officials have announced that August 6th is the big day.

The Suez Canal Axis, AKA The New Suez Canal, is set to open August 6th 2015, officials have announced. The 72-kilometer project involves a new 37-kilometre waterway and a deepening of the canal which will be speeding up traffic along the existing waterway and boosting revenues, according to official statements.

Suez Canal Authority chief Mohab Mameesh told reporters in the canal city of Ismailiya that the dredger operation will be completed July 15th ready for the president to inaugurate the project a week later, on August 6th. “Once the president inaugurates it, vessels will start moving through the new waterway,” he said.

The canal is promised to bring with it development of the surrounding areas into an industrial centre providing ship services and new ports. “The entire project is Egyptian... the idea, the planning, and the funding. [It will] once again put Egypt on the world investment map”, Mameesh stated.

Project funds have been raised by selling shares in the project to domestic investors, managing to raise $9 billion.

Photo Courtesy: Reuters/Asmaa Wagih 

Todays Events
 Richard R. / Shiha @ Cairo Jazz Club
Date: 7/24/2017
Time: 9:00pm - 3:00am
Venue: Cairo Jazz Club
Monday Ladies Night @ Color Beach Club
Date: 7/24/2017
Time: 11:30pm - 3:30am
Venue: Color Beach Club
Nesma Abdel Aziz Band @ Alexandria Opera House
Date: 7/24/2017
Time: 8:00pm - 11:00pm
Venue: Alexandria Opera House
Wire Making For Teens @ The Design Studio
Date: 7/24/2017
Time: 10:00am - 2:00pm
Venue: The Design Studio By Azza Fahmy
Poi Spinning @ Zen Space
Date: 7/24/2017
Time: 8:00pm - 9:00pm
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Comics W/ Mohamed Wahba @ Place Des Arts
Date: 7/24/2017
Time: 7:00pm - 9:00pm
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Sketching & Drawing Fundamentals @ Kemet
Date: 7/24/2017
Time: 11:00am - 3:00pm
Venue: Kemet Art & Design
Contemporary Art Workshop For Children @ Darb
Date: 7/24/2017
Time: 10:00am - 6:00pm
Venue: Darb 1718