Egypt unveils Suez Canal extension amid nationalist fervor

1	A supporter of Egyptian President Abdel-Fattah el-Sissi carries his poster on his bike as he celebrates with others for Thursday's opening of the new extension of the Suez Canal, riding on the Qasr El Nile Bridge in Cairo, Egypt, Wednesday, Aug. 5, 2015.
2	Egypt will unveil a major extension of the Suez Canal on Thursday, a mega-project that has emerged as a cornerstone of el-Sissi's efforts to restore national pride and revive the economy after years of unrest.
3	A policeman stands alert under a billboard with the photo of Egyptian President Abdel-Fattah el-Sissi at the Cairo-Ismailia desert road in Egypt, Thursday, Aug. 6, 2015.
4	Egypt is to unveil a major extension of the Suez Canal that el-Sissi has billed as a historic achievement that will boost the economy following years of unrest.
5	Arabic reads, "long live Egypt, President Abdel-Fattah el-Sissi, opening of the new Suez canal."
6	An army zodiac secures the entrance of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
7	Egypt on Thursday will unveil a major extension of the Suez Canal that President Abdel-Fattah el-Sissi has billed as an historic achievement needed to boost the country's ailing economy after years of unrest.
8	In this picture provided by the office of the Egyptian Presidency, Egyptian President Abdel-Fattah el-Sissi smiles at a boy dressed in a tiny military uniform as he waves the national flag from a monarchy-era yacht that sailed to the venue of a ceremony unveiling a major extension of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
9	El-Sissi has billed the extension as an historic achievement needed to boost the country's ailing economy after years of unrest.
10	With much pomp and fanfare, Egypt on Thursday unveiled a major extension of the Suez Canal billed by its patron, President Abdel-Fattah el-Sissi as a historic achievement needed to boost the country's ailing economy after years of unrest.
11	El-Sissi, wearing his ceremonious military uniform and trademark dark sunglasses on a sweltering August day, flew to the site aboard a military helicopter and immediately boarded a monarchy-era yacht that sailed to the venue of the ceremony.
12	The yacht was flanked by navy warships as helicopters, jet-fighters and military transport aircraft flew overhead.
13	A visibly triumphant el-Sissi stood on the vessel's upper deck, waving to well-wishers and folklore dance troupes performing on shore.
14	At one point, a young boy in military uniform and holding an Egyptian red, black and white flag joined him on deck.
15	Later in the day, the president changed to a dark grey business suit and took his seat at the main stand for an elaborate ceremony in the canal city of Ismailia, attended by foreign dignitaries and organized amid tight security measures following a series of attacks by Islamic militants in the Sinai Peninsula and the capital, Cairo.
16	"Egyptians have made a huge effort so as to give the world this gift for development, construction and civilization," el-Sissi said at the ceremony.
17	Egyptians, he added, "showed their ability to efficiently make history and leap to the future for the prosperity of humanity."
18	His address was interrupted by the ship horns of container vessels using the new extension, something that brought a smile to el-Sissi's face and cheers and whistles of some of the attendees.
19	Among those at the ceremony were French President Francois Hollande, King Abdullah of Jordan and Bahrain's King Hamad bin Isa Al Khalifa.
20	Palestinian President Mahmoud Abbas, Kuwait's Emir Sheik Sabah Al Ahmed Al Sabah and Greek Prime Minister Alexis Tsipras also attended, as well as Yemen's exiled President Abed Rabbo Mansour Hadi and Sudanese President Omar al-Bashir.
21	The unveiling of the $8.5 billion extension has been trumpeted as a historic achievement by pro-government media and has revived the nationalistic personality cult built around the 60-year-old el-Sissi, who as army chief led the overthrow of an Islamist president in 2013 and was elected to office last year.
22	Egypt's black, white and red flags now adorn streets across much of the nation, along with banners declaring support for el-Sissi and hailing his latest achievement.
23	The government declared Thursday a national holiday, and banks and most businesses were closed.
24	The new Suez Canal extension involved digging and dredging along 72 kilometers (45 miles) of the 193-kilometer canal, making a parallel waterway at its middle that will facilitate two-way traffic.
25	With a depth of 24 meters (79 feet), the canal now allows the simultaneous passage of ships with up to 66 ft. draught.
26	The project was initially estimated to take three years, but el-Sissi ordered it completed in one.
27	The government says the project, funded entirely by Egyptian investors, will more than double the canal's annual revenue to $13.2 billion by 2023, injecting much-needed foreign currency into an economy that has struggled to recover from the 2011 uprising that toppled President Hosni Mubarak and the years of turmoil that followed.
28	Economists and shippers have questioned the value of the project, saying the increased traffic and revenues the government is hoping for would require major growth in global trade, which at this point seems unlikely.
29	El-Sissi said the project also reassured his countrymen and the world that Egyptians "are still capable" of great accomplishments.
30	But the man-made waterway linking the Red Sea to the Mediterranean, which was inaugurated in 1869, has long been seen as a symbol of Egyptian national pride.
31	And pro-government media have compared el-Sissi to former President Gamal Abdel Nasser, whose nationalization of the canal in 1956 is seen as a defiant break with the country's colonial past.
32	"Egypt makes history," read the banner headline of Thursday's pro-government daily Al-Watan.
33	The front page of another daily, Al-Maqal, said "Rejoice, it is worth it!"
34	But Thursday's ceremony was partially overshadowed by an Islamic State affiliate's threat to kill a Croatian hostage kidnapped in Cairo last month - a grim reminder of the threat posed by Islamic militants to Egypt's stability.
35	The affiliate, calling itself the Sinai Province of the Islamic State, released a video Wednesday threatening to kill the Croatian in 48 hours if Egyptian authorities do not release "Muslim women" held in prison, a reference to female Islamists detained in the government's broad crackdown on former President Mohammed Morsi's supporters.
36	The 30-year-old Croatian father of two, Tomislav Salopek, was kidnapped on July 22.
37	There have been conflicting reports on where he was snatched.
38	An official at the French company he worked for in Egypt said he was taken from his car at 7 a.m. in an area west of Cairo while making his way to the city's airport from a company site.
39	Other reports spoke of him being snatched in the Cairo suburb of Maadi, a quiet and leafy neighborhood where many of the city's Western community live.
40	If confirmed, a broad daylight kidnapping of a foreigner in a Cairo suburb could cause panic among the city's security-conscious expatriate community.
41	Croatian state TV reported on Thursday afternoon that Foreign Minister Vesna Pusic left for Cairo together with Salopek's wife, Natasa.
42	El-Sissi made no mention of the Croat's kidnapping, but denounced the Islamic militants battling his government as "the evil people" seeking to "hurt Egypt and the Egyptians."
43	Egypt has seen a surge in attacks by Islamic militants since Morsi's ouster, in both the restive north of the Sinai Peninsula and the mainland, focusing primarily on security forces.
44	The violence continued on Thursday, with militants shelling two homes near security checkpoints in northern Sinai, killing two people and wounding nine, according to Egyptian security officials who spoke on condition of anonymity because they were not authorized to speak to the media.
45	Also Thursday, a soldier standing guard at a military checkpoint in northern Sinai was killed by sniper fire, the officials said.
46	Militants have also targeted foreign interests, including the Italian Consulate in Cairo, which was hit with a car bomb last month.
47	That came just days after another bomb killed Prosecutor General Hisham Barakat in an upscale Cairo neighborhood.
48	However, Wednesday's video was the first to be released by Islamic militants showing a kidnapped foreigner in Egypt, an ominous escalation as the country tries to rebuild its vital tourism industry.
49	The professionally-made video resembled clips released by the IS group in Syria and Iraq, indicating closer ties with its Egyptian branch.
50	The government says it has taken major steps to prevent anyone from disrupting Thursday's ceremony, and pro-government media have portrayed the canal extension itself as a victory over extremism.
51	"Rejoice, for it is a victory over terror," wrote Al-Maqal's editor Ibrahim Issa.
52	"Rejoice, for it is a tremendous win for a country suffering from the blows of terror."
53	Egyptian army soldiers patrol the Cairo-Ismailia desert road in Egypt, Thursday, Aug. 6, 2015.
54	Arabic on the army vehicle reads, "forces securing the inauguration ceremony of the new Suez canal."
55	Egyptians wave the national flag in front of a military vehicle to celebrate the Suez Canal opening in Tahrir square, Cairo, Egypt.
56	Thursday, Aug. 6, 2015.
57	Egyptians wave the national flag and walk alongside a military vehicle as they celebrate the opening of the Suez Canal in down town Cairo, Thursday, Aug. 6, 2015.
58	Egyptian special forces soldiers stand guard during the opening ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
59	With much pomp and fanfare, Egypt on Thursday unveiled a major extension of the Suez Canal whose patron, President Abdel-Fattah el-Sissi, has billed as an historic achievement needed to boost the country's ailing economy after years of unrest.
60	Egyptian air force planes parade during the inauguration ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
61	Egyptians wear Pharaonic costumes as they march in front of a statue representing a man digging the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
62	Egyptians wear Pharaonic costumes as they march in front of bulldozers which took part in digging the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
63	Egyptian soldiers stand near decorations marking the inauguration ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
64	Egyptian air force planes parade with the national flag colors during the inauguration ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
65	In this picture provided by the office of the Egyptian Presidency, Egyptian President Abdel-Fattah el-Sissi, center, waves from a monarchy-era yacht that sailed to the venue of a ceremony unveiling a major extension of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
66	An Egyptian special forces soldier stands guard during the opening ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
67	Egyptian air force planes parade in front of a statue representing a man digging during the inauguration ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
68	French President Francois Hollande greets journalists upon his arrival to attend the inauguration ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
69	Egyptian President Abdel-Fattah el-Sissi, waves as he arrives to the opening ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
70	Egyptian army planes trace a heart during the opening ceremony of the new section of the Suez Canal in Ismailia, Egypt, Thursday, Aug. 6, 2015.
71	An Egyptian woman holds a small boat as she and other Egyptian's celebrate the new Suez Canal opening in Tahrir square in Cario, Egypt, Thursday, Aug. 6, 2015.
72	Egypt unveiled on Thursday a major extension of the Suez Canal that President Abdel-Fattah el-Sissi has billed as an historic achievement needed to boost the country's ailing economy after years of unrest.