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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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The estimates are made in the light of a slowdown in the real estate sector and stable consumption. (Shutterstock)
July 13th, 2018 - 05:40 GMT

Lebanese Economy to Grow by Two Percent in 2018

More than 13 tribes on Wednesday announced they were backing the request of the Bani Mansour, the tribe of the protester killed by police. (AN)
July 12th, 2018 - 11:39 GMT

Basra Oil Protests Grow, Iraqi Tribes Demand Jobs in Iraq's Main Oil Hub

The Kingdom is driving development in the sector as part of its plan to diversify the economy away from oil and meet the targets outlined in the Vision 2030 reform plans. (Shutterstock)
July 12th, 2018 - 11:33 GMT

First Fintech Licenses Approved in Saudi Arabia

In March 2018, the UK and Saudi Arabia agreed a goal of £65 billion ($90 billion) of mutual trade and investment in the coming years during a meeting between the UK’s Prime Minister Theresa May and Crown Prince Mohammed bin Salman. (AFP)
July 12th, 2018 - 11:26 GMT

Brexit a Boon for UK-Saudi Arabia Trade Ties

In order to facilitate such reconstruction, China needs access to a port on the eastern Mediterranean from which to ship materials. (Shutterstock)
July 12th, 2018 - 11:18 GMT

China Eyes Investments in North Lebanon

It was the first flight in a warplane piloted by a Bahraini woman. (Khaleej Times)
July 12th, 2018 - 10:55 GMT

First Female Bahraini Royal Makes History by Flying Warplane

In Abu Dhabi, apartment and villa rents decreased by two per cent and four per cent in Q2 2018. (Shutterstock)
July 12th, 2018 - 10:46 GMT

It Is the Right Time to Rent in These UAE Cities

Russia's ability to host the world's most-watched tournament was, however, not in doubt. (Shutterstock)
July 12th, 2018 - 10:34 GMT

What Did Russia Gain From the World Cup?

The UAE's new visa policy will contribute to further increasing the a amount of visitor spending in the coming years. (Shutterstock)
July 12th, 2018 - 09:06 GMT

New Transit Visa Rules to Boost UAE Hospitality Sector

Total spending was 16.88 billion dinars, more than total revenue of LDY 16.7 billion. (Shutterstock)
July 12th, 2018 - 08:41 GMT

Libya Earns More Than $11 Billion in Oil Revenue in H1 2018

According to NCSI, the overall population of the sultanate has come down by 86,308 in a little over two months (May 1 to July 10), while the expat population in the same period fell by 97,704. (Shutterstock)
July 12th, 2018 - 07:46 GMT

Over 97,000 Expats Bid Farewell to Their Lives in Oman in the Last Two Months

After the assessment, the corps of four astronauts will be chosen based on the comprehensive evaluation for each candidate. (Dubai Media Office)
July 11th, 2018 - 01:47 GMT

Nine UAE Astronauts Reach Final Evaluation Phase

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