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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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Qatar’s bourse has officially reported that the combined first-quarter net profit of all but two companies amounted to QR11.1 billion, up 8.6 per cent year on year.
May 11th, 2014 - 07:25 GMT

Dubai bourse 'miles ahead' its Gulf counterparts

The Qazvin-Rasht-Astara railway is estimated to carry 1.4 million passengers and 5-7 million tons of cargo per year.
May 11th, 2014 - 04:57 GMT

Common problems, common solutions? Russia to build Iran's massive railway network

Al Bawaba
May 11th, 2014 - 04:33 GMT

Persistent bottlenecks: Iran still unable to sell its petrochemicals to Europe

Lebanon’s primary budget turned negative in 2012 and deteriorated further in 2013 to 141 percent of GDP as the government came under pressure to spend and economic activity dropped, the IMF report said.
May 11th, 2014 - 05:00 GMT

The usual know-it-all attitude: the IMF unveils its projections for the Lebanese economy

Fawry is a bilingual Arabic-English platform which allows customers to pay for services either online, via mobile phone, or at a point of sale machine.
May 11th, 2014 - 04:55 GMT

For once, it's Egypt 'aiding' the Gulf: electronic payment platform 'Fawry' to make it to GCC

Over the years, GE has developed several successful co-op programs with leading Saudi institutions
May 11th, 2014 - 03:55 GMT

General Electric to give Saudi women scholarships

The new system will save time and money and speed up completion of accident reports.
May 11th, 2014 - 02:55 GMT

Dubai police to introduce e-programme for reconstructing accident scenes

Emirates announced earlier this year that it would reduce flights to 41 destinations during the 80-day airport runway upgrade programme, which began on May 1.
May 11th, 2014 - 02:55 GMT

The glass half full: Emirates airlines sure about making up lost profits in less than a year

Al Bawaba
May 11th, 2014 - 02:55 GMT

What Expo? UAE companies have no intention of raising salaries anytime soon

“The WHO does not recommend the application of any travel or trade restrictions, including for upcoming pilgrimage travel to Saudi Arabia,” a statement issued by the organization said.
May 8th, 2014 - 11:08 GMT

WHO: Haj travel ban not even 'under consideration'

It is targeting global players in high-margin sectors such as oil and gas, power plants, infrastructure, and facility management of huge industrial plants, he said.
May 8th, 2014 - 02:42 GMT

Thank you oil prices? Arabtec profits 'more than double'

Al Bawaba
May 8th, 2014 - 02:18 GMT

Netanyahu included? Israel to punish citizens who hide their money in the US by seizing 50% of concealed funds

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