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Egypt's President Abdelfattah el-Sisi attended a agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic yesterday to unveil a agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic extension of the Suez Canal. The agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic canal was completed in 1869 and took 10 years to build. The new, $8.5 billion canal was constructed in agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic under 12 months, beating all predictions by industry agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic that it would take five years. The canal provides a agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic between the Mediterranean and Red Seas. President Sisi sailed up the canal in his presidential yacht, the El Mahrousa, wearing military fatigues to attend the agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic. The El Mahrousa was the first ship to agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic sail through the original canal nearly a century-and-a-half agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic. President Sisi described the new canal as Egypt's " agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic to the world".

Egypt's government hopes the new canal will provide a much-needed agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic for the country's agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic. The head of the Suez Canal Authority, Mohab Mamish, said the new canal was agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic to ensure Egypt earns revenues from its waterways in the agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic. He told reporters: "If I can't handle this and turn it into agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic for the Egyptian treasury, alternative agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic will emerge." He hopes revenues will increase from the current annual $5.3 billion to $13.2 billion by 2023. That means shipping agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic would need to grow from 49 per day at agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic to 97 by 2023. This would entail a nine per cent increase in agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic trade. Some economists have cast doubt on whether these agoboostceremonyeconomyexpertsfiguresfuturegiftglobalimportantinaugurationjustmajorofficiallyoriginalpassagewaypresentrevenueroutestraffic can be met.