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CAIRO, May 13. /TASS/. The new Suez Canal will be inaugurated in Egypt on August 6, President Abdel Fattah el-Sisi said in a televised address.
"The dry digging in the new canal has been 100% completed," Sisi said late on Tuesday, adding that 65% of dredge works had been finished.
He said many foreign leaders had been invited to the inauguration ceremony.
On May 9, el-Sisi invited Russian President Vladimir Putin to attend the canal's inauguration during their meeting in Moscow.
Egypt announced the $8 billion project to build the new Suez canal and modernise the old warerway in August 2014.
The Suez Canal, which carries about 10% of global seaborne trade, is a vital source of revenue for Egypt. The canal opened in 1869 is about 190 kilometres long.