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Suez Canal settles dispute with Sewedy Group unit

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Suez, Egypt (PortSEurope) December 31, 2018 – The Suez Canal Authority has settled a dispute with a subsidiary of Sewedy Group over the operation of a land plot of 1.2 km² in the area of the Suez Canal Economic Zone (SCZone).  The subsidiary failed to meet its contract obligations for the development of the land plot which caused an eight-year…

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