Cairo – Mubasher: Three insurance firms will compete in the tender launched by the Egyptian National Authority for Tunnels (NAT) to provide insurance on the equipment used in implementing the fourth phase of the Cairo Metro Line 3, according to Alborsa newspaper.
These firms are Misr Insurance, Arab Misr Insurance Group (gig), and Wethaq Takaful Insurance, the newspaper mentioned.
The newspaper noted that the execution of the fourth phase of Line 3 will cost approximately EGP 11 billion, which will be wholly funded by Egypt's general budget.