International
Suez Canal: economic hopes and ecological fears
The inaugural canal is 145 years old and is the main source of income in Egypt. As a result, its recent expansion has spilled into ecological chaos in the Mediterranean region, preceding scientists.
Egypt plans to build a new capital
The works, completed in just 11 months, add an additional 37 km route in the part of the sea channel that connects the Red Sea to the Mediterranean. In addition, the main passage has been widened and deepened. Opened in 1869, the Suez Canal is the main source of foreign exchange for the country, whose economy is slowly recovering from the economic impact resulting from the political turmoil of the “Arab Spring” of 2011 and the security crisis in the region. The new section cost 7.9 billion euros, fully funded by Egyptian investors. It will shorten the...