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Neo Motors
November 4th, 2025 - 09:42 GMT
Sally Shakkour

Sally Shakkour

Morocco's first locally-created electric car to be sold at affordable price

ALBAWABA - Moroccan company "Neo Motors" is preparing to launch the first locally manufactured electric car in the history of the country at an affordable price. The Moroccan first electric car will be sold at about 100,000 Moroccan dirhams (around $10,740), starting in 2026. In an interview with Bloomberg, the company's CEO Nassim Belkhayat said that production is currently underway for a new model called the "Dial-E," a compact city ...
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Saudi remittances abroad in the first half of this year reached SR33.01 billion compared to SR27.58 billion during the same period last year, registering a growth of 19.7 percent or SR5.43 billion. (Shutterstock)
August 2nd, 2018 - 09:47 GMT

After the Exodus: Expat Remittances Fall 16.9 Percent

The stimulus package introduced in early June this year will drive initiatives that directly affect the real estate sector. (Shutterstock)
August 2nd, 2018 - 09:38 GMT

Real Estate Market to Grow Significantly in Abu Dhabi

If you want to get bitcoins based on a fixed mining power, but you do not want to run the hardware, you can purchase a mining contract. (Shutterstock)
August 2nd, 2018 - 09:12 GMT

All You Need to Know About Bitcoin

Hundreds chant “death to the dictator" at industrial complex. (AFP)
August 2nd, 2018 - 09:02 GMT

Demonstrations in Iran as Economy Deteriorates

Cryptech highlighted that it believes that the Blockchain 2021 strategy by government agency Smart Dubai will deliver a major boost to the economy. (Shutterstock)
August 1st, 2018 - 11:05 GMT

Cryptech: Blockchain Technologies to Transform Dubai Real Estate Industry

From August to October, the Treasury will repay 13.8 billion Turkish liras ($2.8 billion) of external debts, including 6 billion liras ($1.2 billion) interest payment. (Shutterstock)
August 1st, 2018 - 10:38 GMT

Turkey to Repay $7 Billion Debt in the Coming Three Months

Jordanian engineers will have a major role in the reconstruction of neighbouring Iraq. (Shutterstock)
August 1st, 2018 - 09:48 GMT

Jordanian Engineers to Reconstruct Iraq

The construction of the Bus Rapid Transit should be done by late 2020. (The Jordan Times)
August 1st, 2018 - 09:40 GMT

Bus Rapid Transit in Jordan to Operate in 2020

e-recruitment in the Kingdom of Saudi Arabia’s IT and Telecom sector recorded a substantial increase of 29 percent from June 2017. (Shutterstock)
August 1st, 2018 - 07:28 GMT

Report: Saudi IT & Telecom Sector Records 29 Percent Increase in Hiring

A Dh1 million fine will also be incurred by developers for late projects. (Shutterstock)
August 1st, 2018 - 07:20 GMT

Real Estate Developers in Abu Dhabi to Face up to Dh1 Million Fine

Facebook boss Mark Zuckerberg has his hands full, thanks to an array of situations coming upon his company. (Shutterstock)
August 1st, 2018 - 07:16 GMT

Is It the Right Time to Invest in Facebook Shares?

This is the third such amnesty announced by the UAE government in just over a decade. (KhT/Twitter)
August 1st, 2018 - 07:14 GMT

Illegal Expats in UAE Start Availing Amnesty

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