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Egypt: Mohandes Insurance proposes $7 million policy for Suez Canal laborers

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A personal accident insurance policy totaling 50 million Egyptian pounds ($7 million) will be given to laborers of the Suez Canal project, said Mohamed Ahmed Lotfy, chairman of Mohandes Insurance Co. S.A.E.

The project includes the digging of a second, parallel canal, the construction of new seaports and an industrial zone, reported Daily News Egypt.

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