COURT WATCH- Court will hear EUR 150 lawsuit against Peugeot Citroen today: A Cairo court will begin hearing today a lawsuit brought by Arabian Investments, Development and Financial Investment Holding Co. (AIND) subsidiary Cairo for Development and Cars Manufacturing (CDCM) against Peugeot Citroen. CDCM brought the case after the French automaker ended a four-decade-old partnership, giving the local rights to the brands to a venture between Mansour Group and a Dubai-based company named Scope. The court had postponed the scheduled hearing from November. The plaintiffs are seeking EUR 150 mn in damages.
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