SUEZ X

INTERNATIONAL TRADE : NEW SUEZ CANAL – EGYPT’S GIFT TO THE WORLD.

Completed in 1869, the original canal revolutionized international trade by connecting the Red Sea to the Mediterranean, a shortcut between East and West that spared ships the long journey around the southern tip of Africa.

The canal stretched a hundred miles, and 20,000 conscripts a year worked 10 years digging it, according to the official history.

On August 6Th, 2015, Egypt has opened a major expansion of the Suez Canal, which deepens the main waterway and provides ships with a 35km (22 mile) channel parallel to it.

Taking a year to complete and costing over $8 billion, the project widens and deepens part of the canal to increase traffic and revenue.

Seventy-two kilometers (45 miles) of new waterways have been added, according to the Suez Canal Authority.

The Suez Canal ( In Arabic: Qanat as-Suways ), is an artificial sea-level waterway running north to south across the Isthmus of Suez in Egypt to connect the Mediterranean Sea and the Red Sea.

The canal separates the African continent from Asia, and it provides the shortest maritime route between Europe and the lands lying around the Indian and western Pacific oceans.

It is one of the world’s most heavily used shipping lanes.

The Suez Canal is one of the most important waterways in the world.

At the inauguration, Egyptian President Abdel Fattah al-Sisi welcomed foreign leaders aboard a historic yacht as helicopters and fighter jets flew by.