Suez Canal Authority
The New Suez Canal ( "") is an artificial waterway project in Egypt which created a second shipping lane along part of the Suez Canal, and deepened and widened other stretches. The project was inaugurated by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sisi on 5 August 2014. The new canal was opened one year later in a ceremony attended by several international dignitaries including the then French President François Hollande.