Egypt opens an expansion to the Suez Canal today, the centerpiece of President Abdel Fattah al-Sisi’s plan to revitalize the country’s economy. However, some analysts and economists say that the mega-project may fail to meet the great expectations. The estimated $8.2 billion expansion includes a 35 km parallel waterway flanking the existing waterway. It also … Continue reading EconSource: Egypt Opening Suez Canal Expansion to High Hopes and Some Doubts