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Egypt inaugurates new Suez Canal

Audio 02:58
Egyptian President Abdel Fattah al-Sisi stands in boat on the Suez Canal.
Egyptian President Abdel Fattah al-Sisi stands in boat on the Suez Canal. Reuters/The Egyptian Presidency

The new Suez Canal channel was inaugurated, and celebrated, yesterday in Egypt. In a party where François Hollande was named the guest of honour, Egyptian President Abdel-Fatah al-Sisi declared that the project had "made history". The Egyptian government has previously described the project as a "gift from Egypt to the rest of the world". But is it a gift to the Egyptian people who funded it?

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