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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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In September 2013, the World Bank removed Iran from its list of deadbeat borrowers, saying the Islamic Republic had paid outstanding loan amounts.
May 21st, 2014 - 03:55 GMT

Another burnt bridge to mend: Iran pursuing World Bank loan

Subsidies also rose more than fourfold, from $4.1 billion to $18 billion during the same period, an annual growth rate of 23 percent, Hamada said.
May 21st, 2014 - 02:55 GMT

Kuwait's finance minister says budget deficit is inevitable

Al Bawaba
May 21st, 2014 - 01:32 GMT

Thanks to South Korea, the UAE gets closer to realizing its nuclear ambitions

Al Bawaba
May 20th, 2014 - 09:17 GMT

Taking it easy: UAE passes draft law on relaxing prison punishment for debt defaulters

Saudi Arabia is currently implementing Metro projects in Jeddah and Riyadh.
May 20th, 2014 - 08:17 GMT

It's no longer just about the city centres: more metros coming to Saudi Arabia

Al Bawaba
May 20th, 2014 - 02:04 GMT

Financing a 'qualitative shift'? Saudi to spend additional $21 billion on overhaul of educational system

The DFM has now declined for four straight sessions, its biggest losing streak in that surge.
May 20th, 2014 - 07:48 GMT

Here it comes? Correction hits Dubai Financial Market

Egyptians performing Umrah is the principal activity for tourist companies in Egypt over the past three years given low incoming tourist traffic.
May 20th, 2014 - 07:36 GMT

25% cancellations in Umrah travels from Egypt over MERS

Israel Chemicals, controlled by Israel Corp. recently bought a 30% stake in Canada's Allana Potash, which is preparing to mine potash deposit in the Dalol region in the Afar Regional State, in northeast Ethiopia.
May 20th, 2014 - 02:55 GMT

If only they were this nice to their immigrants: Israel to invest $600 million into transforming Ethiopia's Potash industry

It may be compact, but the HTC One mini 2 packs HTC BoomSound technology to deliver powerful, crisp and clear audio that has never been more brilliant
May 20th, 2014 - 02:55 GMT

HTC unveils latest 'mini' addition to its family

Al Bawaba
May 19th, 2014 - 09:42 GMT

Talk about 'specialization': Iran aims to mass produce islamic software

“We have been working with Ericsson for a number of years and we consider them one of our trusted industry partners,” said Saleh Al Abdooli, Chief Executive Officer, Etisalat UAE.
May 19th, 2014 - 09:17 GMT

Etisalat and Ericsson are each other's strategic partners

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