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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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Al Bawaba
April 15th, 2014 - 02:55 GMT

Breaking the record: Turkey's foreign debt 'highest in history'

In September 2013, the World Bank removed Iran from its list of deadbeat borrowers, saying the Islamic Republic had paid outstanding loan amounts.
April 15th, 2014 - 02:55 GMT

Knocking all doors: Iran seeking World Bank finances for development projects

Egyptian construction tycoon Nassef Sawiris, the youngest among the Sawiris siblings, was the first Egyptian and the fourth on the list with a total worth of $6.7bn.
April 14th, 2014 - 06:04 GMT

Forbes' Middle East list is out and Egypt, yes Egypt, is leading

Kuwait's refining capacity will reach over 1.4 million bpd from the current level of 930,000 bpd, when the projects are completed.
April 14th, 2014 - 05:45 GMT

Moving forward? Not with diversification at least, Kuwait signs $12 billion worth of oil contracts, tenders others

Ben Gurion Airport expects 1.2 million passengers over the holiday, up 25% from 2013.
April 14th, 2014 - 04:46 GMT

Modern day exodus? Israelis flock to Turkey for Passover

Washington lawmakers have refused to pass the reforms, claiming they would prove too heavy a burden during a time when the US is still running a large budget deficit.
April 14th, 2014 - 04:29 GMT

The usual love-hate relationship: Saudi accuses US of stalling IMF governance reforms and clinching on to voting power

Iran will build six oil refineries in Indonesia's Benten and West Java regions (File Archive)
April 14th, 2014 - 10:00 GMT

Iran set to build oil refineries in this Islamic country

Dubai International Airport has the most passenger traffic of any airport in the entire world (File Archive)
April 14th, 2014 - 07:44 GMT

Dubai airport renovation will force 300 flights to relocate

“We will focus on the country’s historic strategy, which is to supply international markets with oil, especially the challenges facing the market as well as the future role of the member states of Opec.”
April 14th, 2014 - 02:55 GMT

The diversified economy farce: UAE striving to raise oil production capacities to 3.5 bpd

Al Bawaba
April 14th, 2014 - 02:55 GMT

Amidst unmet pledges, Kuwait remains most generous donor to Syrians

The German government will not approve a reported deal to sell up to 800 battle tanks to Saudi Arabia,
April 14th, 2014 - 02:55 GMT

Germany was about to make the biggest weapons sale deal with Saudi Arabia

The committee has exempted pharmacies, gas stations, coffee shops and restaurants with special permits from the decision.
April 13th, 2014 - 08:13 GMT

Something even worse than Saudization is on its way: 9pm shop closures

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