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ISMALEA, EGYPT - June 13: Chairman of the Suez Canal Authority Mohab Mamish announced plans for the opening of the new channel of the Suez Canal in a press conference on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).