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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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Anyone found to be involved with the nine individuals will also suffer the same consequence. (SCA)
July 4th, 2018 - 09:25 GMT

UAE Freezes Bank Accounts of 9 Iranians

Jeddah Governor Prince Mishal Bin Majed addressing the media at the governorate's office on Tuesday. (Saudi Gazette)
July 4th, 2018 - 08:44 GMT

More Than 3,000 Training Opportunities in Retail Sector for Saudis

Oil prices have gained over three per cent since Opec and allies announced on June 22 to raise output to meet production caps set in 2016. (Shutterstock)
July 4th, 2018 - 08:29 GMT

UAE Committed to Boost Oil Output

The non-oil private sector economy rose to 57.1 in June, up from 56.5 in May. (Pixabay)
July 4th, 2018 - 07:38 GMT

UAE Non-Oil Private Sector Economy Rises in June

Hundreds of cryptocurrencies have died so far in 2018 -- having been abandoned, unsupported or built upon scams. (Shutterstock)
July 3rd, 2018 - 12:13 GMT

More Than 1,000 Cryptocurrencies Failed in 2018

According to the Article 118 of the Oman Labour Law, violators can be penalised with fines ranging from OMR100 to OMR500, or a jail term of not more than one month, or both. (Times of Oman)
July 3rd, 2018 - 12:04 GMT

More Than 200 Companies Violated Midday Break Rule in Oman

Brent crude oil fell to $77.82 a barrel on Monday, a drop of $1.41. (Shutterstock)
July 3rd, 2018 - 11:55 GMT

Oil Prices Decline as Supplies Increase From Saudi Arabia and Russia

The NOC said that a state of emergency had been imposed at both ports. (Shutterstock)
July 3rd, 2018 - 11:03 GMT

Political Turmoil Results in Libya Oil Exports' Suspension

The Saudi Electricity Company (SEC) has maintained that the bills have gone up by about 67 percent over their value the same period last year. (Shutterstock)
July 3rd, 2018 - 10:51 GMT

Shoura to Discuss Rising Electricity Bills in Saudi Arabia

Jordan needs around JD5 billion annually in financing to cover debt and Eurobonds. (Shutterstock)
July 3rd, 2018 - 10:21 GMT

Jordanian Government to Meet IMF to Discuss Supervised Reform Plan Worth $700 Million

The European Investment Bank announced a package of support for Jordan at its conference that opened in Amman on Monday (Jordan Times)
July 3rd, 2018 - 10:04 GMT

15 Projects Worth €850 Million to Be Invested in Jordan by European Investment Bank

Deloitte, the provisional liquidators of Dubai-based Abraaj, and investors in its healthcare funds are weighing bids from six companies. (AFP)
July 3rd, 2018 - 09:52 GMT

At Least Three Firms Interested in Acquiring Abraaj's $1 Billion Healthcare Fund

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