Comment How many Panama canals? (Score 5, Informative) 501
As an earthmoving project, each kilometer of wall is 18M cubic meters. The Panama Canal was about 250M cubic meters of earthmoving. So every 14KM of wall is one Panama Canal. The proposed Arabian Canal near Dubai (to create "valuable waterfront property" accessable by yacht) would require about 1100M cubic meters of earthmoving. So one Arabian Canal is about 60KM of wall.
In terms of speed, one Bagger 288 can move about 250K cubic meters of earth a day. That's 5KM of wall per year. With one such $100 million machine for every 100KM of wall, the project would take 20 years.
It's a big project, but not impossibly big. Just expensively big.