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Suez Canal for Technology board okays amiable settlement with Misr Insurance

Suez Canal for Technology board okays amiable settlement with Misr Insurance

ArabFinance: Suez Canal Company For Technology Settling - (SCTS) sent in a statement to EGX, the board of directors was convened on August 29, 2017. 

The board ratified chairman's resolution regarding amiable settlement for 6th of October University's dispute with Misr Insurance Company avoiding long negotiations time. 

Moreover, the board was notified by the company's solidarity guarantees were granted from Suez Canal Bank and Misr Iran Development Bank (MIDB) to 6th of October University. 

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