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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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Under the project, the capacity of the Mina al-Ahmadi refinery will drop to 347,000 barrels per day (bpd) from 466,000, while Mina Abdulla refinery’s capacity will rise to 454,000 bpd from 270,000.
September 15th, 2014 - 08:37 GMT

Kuwait's KNPC names advisor for $12 billion Clean Fuels Project

Also, the most popular university degrees for people in the UAE, according to another report from HSBC, are business and engineering, which are typically more expensive than non-vocational degrees.
September 15th, 2014 - 08:24 GMT

If only the quality rankings matched, the UAE comes as world's seventh most expensive place for university education

The majority of small companies in the region are aiming to grow staff numbers by more than 10 per cent, indicating rising optimism among businesses.
September 15th, 2014 - 04:44 GMT

Talk about an employment rush: 86% of GCC firms will be hiring in the next three years

Al Bawaba
September 15th, 2014 - 04:10 GMT

Stepping out, completely: Arabtec's ex-CEO agrees to sell stake to Aabar

Al Bawaba
September 15th, 2014 - 02:40 GMT

Jordanian citizen sues members of Parliament for granting themselves lifetime pension

Egypt's trade balance deficit dropped to LE9.09 billion ($1.27 billion) in June 2014, the state-run statistical body CAPMAS reported Monday.
September 15th, 2014 - 04:55 GMT

Finally, some good news: Egypt's trade deficit plunges

Al Bawaba
September 15th, 2014 - 03:55 GMT

Baby steps: Qatar launches ME's biggest business incubator

Al Bawaba
September 15th, 2014 - 03:55 GMT

Running the country's economy from the outside? Libya's central bank chief fired amidst power struggle

While remittances to India from the GCC is a given considering the huge Indian population, remittances to other parts of the world is also increasing.
September 14th, 2014 - 08:48 GMT

A good chunk: UAE Exchange claims 6% of global remittances

Al Bawaba
September 14th, 2014 - 08:32 GMT

The counter-hypothetical: Malaysia airlines downing 'could have been avoided,' says Emirates

Since Dubai's 2009 financial crisis, Emaar's retailing business has benefited from a strong rebound in the emirate's economy on the back of a tourism and trade boom.
September 14th, 2014 - 08:24 GMT

Rebounding on shopping malls: Emaar expects to gain $1.58 billion from Gulf's biggest stock sale since 2008

Al Bawaba
September 14th, 2014 - 01:34 GMT

Skyrocketing: Dubai's inflation hits five year high

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