Re-opening of Suez Canal

The ceremony of inauguration of the New Suez Canal is scheduled on August 6th. The canal has been under the process of expansion for the last few months. Reconstruction plans were to make 2-way highway for ships. Once this project is finished, the updated Canal will be able to let 20 000 vessels per year to go through, that will bring extra USD 17 billion.
However, Egyptian government is ready for all possible situations. The country alert level raised to maximum to prevent all undesirable consequences.

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