The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

dpa

Cairo (dpa) — Egyptian authorities on Tuesday announced plans for a major upgrade of the Suez Canal, one of the world’s most important waterways which connects the Mediterranean to the Red Sea.

The project will involve digging 35 kilometres of a new parallel canal and widening the existing canal along a further 37 kilometres, Suez Canal Authority chief Muhab Mumayish told a conference in Ismailiya.

The 193-kilometre canal, first opened in 1869, already has 80 kilometres of bypass waterways, according to the authority.

President Abdel-Fattah al-Sissi told the conference that 17 Egyptian companies would be involved in implementing the project, under the supervision of the military.

Five new residential and tourism zones are also to be built, according to online reports by state-run newspaper Al-Ahram.

The newspaper quoted Mumayish as saying that the project would create a million jobs.

Al-Sissi asked for the new waterway to be completed within one year rather than the planned three years, Al-Ahram reported.

The president said that the project would be carried out without recourse to foreign funding, with shares and bonds being offered to Egyptian banks and to citizens.

Former army chief al-Sissi won the Egyptian presidency in May, almost a year after he deposed Islamist president Mohammed Morsi.

Al-Sissi recently promised the public a “surprise,” raising expectations that he would reveal plans for an economic boost after the government abolished fuel subsidies.

Photo via WikiCommons

Interested in world news? Sign up for our daily email newsletter!

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Americans are currently experiencing one of the most peculiar public episodes of my lifetime. Amid a deadly worldwide disease epidemic, many people are behaving like medieval peasants: alternately denying the existence of the plague, blaming an assortment of imaginary villains, or running around seeking chimerical miracle cures.

Feed store Ivermectin? I've administered it to horses, cows and dogs. But to my wife? No thank you. It says right on the label that it's not for human consumption. But at least you won't die of heartworm.

Keep reading... Show less

Danziger Draws

Jeff Danziger lives in New York City. He is represented by CWS Syndicate and the Washington Post Writers Group. He is the recipient of the Herblock Prize and the Thomas Nast (Landau) Prize. He served in the US Army in Vietnam and was awarded the Bronze Star and the Air Medal. He has published eleven books of cartoons and one novel. Visit him at DanzigerCartoons.

x
{{ post.roar_specific_data.api_data.analytics }}