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Egyptian insurer wins bid to cover infrastructure projects

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Egypt-based composite insurer Suez Canal Insurance has won a bid to insure several new infrastructure projects worth more than $282 million in New El Alamein City, situated northwest of Cairo, Amwal Al Ghad reported. Moshira Maamoun, head of the engineering sector at SCI, said that the policy covers projects such as the construction of residential towers and units in the city.

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