Insurers Compete for Al Sheikh Zayed Development Authority

Insurance companies are expected to go into a strong competition to insure Al Sheikh Zayed Development Authority. The bid’s envelops will be opened next Thursday.

A reliable source revealed that a large number of insurance companies will compete for the bid; Misr Insurance Co., Wethaq Egypt Co. and Iskan Insurance.

The source pointed out that the insurance bid will cover all risks including; properties, buildings, assets and stores, besides insuring the cars of Al Sheikh Zayed Development Authority.

The Ministry of Housing, Utilities and Urban Development announced the inauguration of the bid during this current month, August.