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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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Iraq’s intelligence service and Lebanon’s General Security unveiled a scam network that spreads false information about several Lebanese banks and blackmails them. (Shutterstock)
July 31st, 2018 - 07:35 GMT

Iraq, Lebanon Unveils Banks' Scamming Network

The issuance or renewal of work permits has been linked with the authentication of house rent contracts in the Ejar network. (Shutterstock)
July 31st, 2018 - 07:21 GMT

House Rent Contract Required for Work Permit Issuance, Renewal in Saudi Arabia

Careem has collaborated with a number of blind people to complete the testing phase and share their observations and challenges in using the app. (File/Photo)
July 31st, 2018 - 07:11 GMT

Careem Adds Features to Serve the Blind in Saudi Arabia

The move to refund VAT, yet again shows UAE’s strategic ability to drive the growth of the country. (Shutterstock)
July 31st, 2018 - 07:04 GMT

The Effect of VAT Refund for Tourists on UAE's Economy

Priority will be given to applicants from this pool of job seekers. (Shutterstock)
July 31st, 2018 - 06:59 GMT

6-Month Visa for Job Seekers in UAE

The pound has suffered its worst three-month period in the second quarter since the vote to leave the European Union in June 2016. (Shutterstock)
July 29th, 2018 - 10:40 GMT

Analysts Advise British Expats to Remit

China, United Araba Emirates (UAE), Iraq, Afghanistan, and South Korea were the main export markets of Iranian non-oil goods during the four-month period. (Shutterstock)
July 29th, 2018 - 10:31 GMT

Non-Oil Exports Rises to 14.69 Percent in Iran

The State’s accounts recorded KD 16.0 billion in revenue, KD 19.2 billion in expenditure, and closed with a fiscal deficit of KD 4.8 billion after accounting the transfer of 10% of total revenue to the State’s Future Generations Fund (FGF) as mandated by law. (Shutterstock)
July 29th, 2018 - 10:07 GMT

Non-Oil Revenue Rises 21.7 Percent in Kuwait

In early July, the government announced its mechanisms of pricing fuel derivatives and indicated that it generated JD854 million in 2017, representing 13 per cent of last year's local revenues, from taxes and fees imposed on fuel derivatives. (Shutterstock)
July 29th, 2018 - 09:50 GMT

Reasons Behind High Taxes on Fuel in Jordan

The report’s findings indicated a rise of 11 per cent in banks’ credit facilities provided to large companies in 2017, reaching JD9.6 billion and constituting 38.1 per cent of the total banks’ facilities. (Shutterstock)
July 29th, 2018 - 09:36 GMT

Report: Banking Sector in Jordan Ranks Third Among 19 European Countries

The Lebanese companies named Wednesday were part of a broader list issued by the U.S. Treasury’s Office of Foreign Assets Control that included firms in Syria, Russia and Ukraine. (Shutterstock)
July 29th, 2018 - 09:19 GMT

U.S. Imposes New Sanctions on Lebanese Companies

Dubai already occupies a prestigious global position as an ultimate destination for tourism and recreation. (Shutterstock)
July 29th, 2018 - 09:10 GMT

Dubai Remains the Preferred Medical Tourism Destination in the Arab Region

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