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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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Bahrain has also been in the process of implementing reforms for expatriate worker rights (File Archive/AFP)
April 27th, 2014 - 09:35 GMT

Beware of Bahrain's new blacklist! Employers hiring illegal workers to face new penalties under new policy

“The size of the Lebanese banks in Iraq maybe too small compared to the huge Iraqi market. Iraq’s seven state-owned banks have 80 percent of assets and 90 percent of total deposits in the country. However, we are going to the Iraqi market to serve new clients,” Bassil said.
April 27th, 2014 - 02:55 GMT

Misery loves company? Lebanese banks announce their intention to pursue Iraq's banking sector

Rouhani's first attempt at implementing subsidy reform was a disaster.
April 27th, 2014 - 02:55 GMT

The litmus test for Rouhani's popularity? Iranians rush to gas stations in anticipation of unprecedented price hike

The meeting focused on the economic policy issues of the two sides, exploring trade opportunities and boosting of trade ties between them.
April 27th, 2014 - 01:09 GMT

A sturdy relationship: UAE and US conclude economic dialogue

Microsoft said it will acquire some 25,000 Nokia employees in 50 countries.
April 26th, 2014 - 01:26 GMT

It's official: Nokia's era comes to and end with Microsoft's $7.5 billion takeover

The dispute is delaying publication of an oil and gas exploration tender for Lebanon's Block 9, which could have more than seven trillion cubic feet of natural gas.
April 26th, 2014 - 01:17 GMT

Forget Hezbollah: Israel, Lebanon hit deadlock over offshore gas explorations

Congress passed a bill in January allocating $1.3bn in military aid to Egypt under certain conditions
April 26th, 2014 - 01:02 GMT

Is US military aid to Egypt about to resume?

Al Bawaba
April 24th, 2014 - 03:50 GMT

Saudi Arabia to build world's biggest desal plant

The two luxury four and five star hotels will offer over 1,000 rooms (Shutterstock)
April 24th, 2014 - 03:36 GMT

Two luxury hotels scheduled to open in Oman by 2017

Al Bawaba
April 24th, 2014 - 02:56 GMT

Big like. Etihad unveils new social media campaign

Al Bawaba
April 24th, 2014 - 01:59 GMT

India to pay Iran $1.65 billion in landmark oil deal

Around 67 percent of DI’s total asset base is in the property sector which positions DI as a major real estate player in the UAE.
April 24th, 2014 - 02:55 GMT

In monumental move, Dubai investments raises foreign ownership cap to 35%

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