That Egypt has shown a great deal of resilience despite a deep political turmoil that has been afflicted one of the most important Arab country is the unveiling of “new Suez Canal” by President Abdel Fattah al-Sisi. As pointed out by a Business Recorder editorial recently, the Arab Spring that triggered unprecedented popular uprisings not only in Egypt but across the entire North Africa and the Middle East region in recent times had led to the removal of Egyptian strongman Hosni Mubarak. True, the political unrest that followed Mohammad Morsi’s rise to power provided the Egyptian army with a plausible reason to take over power with a view to “maintaining peace and restoring stability” in the country. That the Egyptian army, which is perhaps the only well-established institution of the country, also learnt a quite a few lessons that the overthrow of Egyptian strongman Hosni Mubarak have thrown up, has embarked on a course which seems to be aimed at providing Egyptian citizens a sense of security in relation to their lives, property and economic opportunities. No doubt the expansion of world’s greatest artificial sea-level waterway, which connects the Mediterranean Sea and the Red Sea, is no mean feat. This will surely add to efforts aimed at improving Egypt’s economy.
`New Suez Canal' (Business Recorder (Pakistan))