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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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Crypto prices were under pressure in recent weeks, with Bitcoin falling 70% from its December high just short of $20,000. (Pixabay)
June 28th, 2018 - 08:06 GMT

Bitcoin Edges Higher; Hong Kong’s SFC to Keep an Eye on Crypto

The project is part of 10X initiatives of Dubai Aviation Engineering Projects (DAEP). (Shutterstock)
June 28th, 2018 - 07:54 GMT

World's First Multi-Mode Super Port in Dubai

There is a growing awareness about GDPR across the UAE. (Shutterstock)
June 28th, 2018 - 07:47 GMT

UAE Businesses Must Secure Data or Risk €20 Million Fine

Fake Currency Seized From a Syrian Expat in Kuwait. (Pixabay)
June 28th, 2018 - 07:35 GMT

Fake Currency Seized From a Syrian Expat in Kuwait

24k gold was priced at Dh151.75 in Dubai and 22k can be bought at Dh142.50. (Shutterstock)
June 28th, 2018 - 07:27 GMT

Dubai Gold Remains Near 6-Month Low

Sensex suffered more losses as rupee hits record low. (Pixabay)
June 28th, 2018 - 07:23 GMT

Indian Rupee Collapses to Lifetime Low Against US Dollar

Kuwait city occupied the fourth place among Arab cities preceded by Cairo, Rabat and Casablanca respectively. (Shutterstock)
June 28th, 2018 - 07:13 GMT

Kuwait Ranks Last Among GCC in Terms of Living Costs for Expats

The UAE is the biggest trade partner of Hong Kong in the Middle East, as the value of the non-oil trade exchange between the two countries accounted for $8.9 billion in 2017. (File/ photo)
June 27th, 2018 - 10:55 GMT

UAE-Hong Kong Non-Oil Trade Reaches $8.9 Billion

The official said a U.S. delegation would head to the Middle East next week to encourage Gulf oil producers to ensure global oil supplies as Iran is cut out of the market as of November. (Shutterstock)
June 27th, 2018 - 10:46 GMT

US Pushing Allies to Stop Iran Oil Imports

Crypto prices were under pressure in recent weeks, with Bitcoin falling 70% from its December high just short of $20,000. (Shutterstock)
June 27th, 2018 - 09:35 GMT

Crypto Plunges; Apple Co-Founder Warns of Blockchain Bubble

Qatar currently produces 600,000 bpd in May, down from 620,000 bpd in April, according to the latest S&P Global Platts OPEC survey. (Shutterstock)
June 27th, 2018 - 09:28 GMT

Qatar Petroleum to Raise Oil Output by 30,000 bpd

Jordan deficit in the trade balance fell by 5 per cent in the first half of this year. (Shutterstock)
June 27th, 2018 - 09:02 GMT

Jordan Trade Balance Deficit Falls by 5 Percent in First Half of Year

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