CAIRO — Aug. 6 marked the one-year anniversary of the inauguration of the new Suez Canal. While the expansion project was heavily praised in the Egyptian press, serious questions remain about its value a year on.
On Aug. 6, 2015, Egyptian President Abdel Fattah al-Sisi officially inaugurated the new Suez Canal. The announcement was made to a packed audience that included French President Francois Hollande, Russian Prime Minister Dmitry Medvedev and a number of Arab rulers.