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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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Saudia has already privatized five units including catering, cargo, ground services and Saudia aerospace engineering industries.
May 13th, 2014 - 02:55 GMT

Nationalization to apply to the skies as well? Saudi Arabia keen to Saudize pilot positions

Al Bawaba
May 13th, 2014 - 02:55 GMT

Egypt seizes more assets from Muslim Brotherhood

"When we discussed with Jordanian authorities how public money should be spent, we proposed more expenditure on health and education, and less on energy subsidies,” Lagarde explained.
May 13th, 2014 - 12:20 GMT

Always ready to take things further: IMF ready to provide more (troubles?) for Jordan

“These rosy conditions are expected to continue, with lending growing by about 10-15 per cent per year for the next few years.
May 13th, 2014 - 12:00 GMT

The World Cup honeymoon? Qatari banks enjoying 'rosy conditions'

Al Bawaba
May 12th, 2014 - 11:57 GMT

Emirates airlines to go to Singapore five times a day

The airport features 138 check-in counters across five islands, comprising of 108 counters for Qatar Airways’ economy passengers and all other airlines;.
May 12th, 2014 - 06:44 GMT

Keeping up: Qatar airways makes the move to new, snazzy airport

The popular U.S.-based website recently published a list of “9 Places You Absolutely, Positively Must See Before You Die,” with Lebanon coming in at number six behind Santorini, Greece, and just before London.
May 12th, 2014 - 05:55 GMT

Just in time for summer: Huffington Post declares Lebanon one of the world's top 9 places you must 'absolutely, positively' see

Kuwait began importing LNG in 2009 and signed deals with Shell and Swiss-based trader Vitol to supply it from April to October, the period of peak power demand, for the last four years.
May 12th, 2014 - 03:55 GMT

What oil? Kuwait signs $12 billion LNG deal with Shell

Al Bawaba
May 12th, 2014 - 03:55 GMT

The perfect gift: Saudi Arabia to offer Egypt $3 billion worth of oil this summer

The interim government’s stimulus plan, which was said to span between six to nine months starting from late August 2013, amounts to EGP 29.6bn and aimed at generating 3% economic growth over the fiscal year 2013/2014.
May 12th, 2014 - 02:55 GMT

Ready to be stimulated: Egypt's first stimulus package projects 'almost done'

Al Bawaba
May 12th, 2014 - 02:55 GMT

A tad too demanding? Egypt's government expecting private sector to deliver 67% of economic activity

Eight of KSE’s sectors ended last week in the red zone, three recorded increases, whereas the Health Care sector’s index closed with no change from the week before
May 12th, 2014 - 02:55 GMT

Kuwait bourse slips for third week in a row

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