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Wednesday, 30 March 2022

Arabia Investments wins appeal in years-long lawsuit against Peugeot

A Cairo court has upheld Arabia Investments Holding’s appeal in its years-long EUR 150 mn lawsuit against Peugeot, filed in 2018 after the French firm unexpectedly ended the 41 year-old partnership. The appeal was filed after an Egyptian court issued a ruling in January 2021 that it lacked jurisdiction to consider the case, according to a disclosure (pdf).

IDH opens new Al Borg Scan branch in Sheikh Zayed: Consumer healthcare giant Integrated Diagnostics Holding (IDH) has announced the opening of its fifth Al Borg Scan branch in Sheikh Zayed’s Capital Business Park. This is the third branch to open in the past six months, according to a disclosure (pdf).

New rule for dual-listed companies on the EGX: The Financial Regulatory Authority has issued a new rule on disclosing names of shareholders in dual-listed companies who have frozen their shares. (Youm7)

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