Siemens AG German company CEO Joe Kaeser arrived in Cairo Thursday to attend the new Suez Canal inauguration ceremony, Youm7 News reported. Egypt's President Abdel Fattah Al Sisi is scheduled to open the new Suez Canal today. The project was praised by a large number of economic and investment experts who described it as a turning point in Egypt's economy. The event will be attended by a large number of world leaders.