Misr Insurance Renews EGP10bn Insurance Policy for Etisalat Misr

Misr Insurance Company has renewed an insurance policy for UAE Etisalat’s Egyptian arm, at a total value of EGP 10 billion, said a senior source from the teleco firm.

The source further told Amwal Al Ghad that the policy covers the whole group against risks of fire, breach of trust, money transfer, and internal transport alongside political violence.

MIC would also provide motor insurance coverage for Etisalat Misr’s cars until the beginning of next August, the source noted.