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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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National Industrialization Company factory (Source: TASNEE official website)
July 2nd, 2013 - 05:47 GMT

Saudi Arabian petrochemical sector draws SR 3.6 trillion ($960m) in investment

Bahrain's retail banking industry continued to post steady growth
July 2nd, 2013 - 05:25 GMT

Bahrain banks post profits exceeding $1 billion in Q1 2013

They were the biggest protests since January 2011, during the last days of the Hosni Mubarak regime.
July 2nd, 2013 - 05:20 GMT

Egypt debt insurance cost at record, more currency fall seen

Egyptian protesters walk past graffiti against President Mohamed Morsi on the wall of the presidential palace in Cairo on July 1, 2013. (Source: AFP/GIANLUIGI GUERCIA)
July 1st, 2013 - 10:41 GMT

Egyptian economists condemn IMF loan to Egypt

Iraq is Iran’s main trading partner for non-oil goods (Source: Wikimedia/Izzedine)
July 1st, 2013 - 10:01 GMT

Cement trading to resume between Iran and Iraq

Saudi Arabia is the number one oil producer in the world
July 1st, 2013 - 09:02 GMT

Saudi exports 1.27 million barrels of oil so far this year

Bahrain has a population of 1.3 million people and an economy worth $30 billion
July 1st, 2013 - 08:31 GMT

Bahrain's economy bounces back in Q1 of 2013

GECF meeting in Doha, June, 2013
July 1st, 2013 - 07:31 GMT

Gas Exporting Countries Forum chooses Iran to hold its third summit

Saudi Arabia will be introduced as a new automotive market hub for the Big Three
July 1st, 2013 - 07:01 GMT

GM, Chrysler and Ford U.S. automakers speculate for Saudi car plants

A Cargolux airplane delivers a shipment (Source: Wikimedia)
June 30th, 2013 - 01:46 GMT

Cargolux launches air freight service to Muscat

Photo used for illustrative purposes (Source: Wikimedia)
June 30th, 2013 - 01:35 GMT

Omani police bust con artists trying to sell sand as gold

The ratings agency pointed out that OUIC's competitive position has strengthened the implementation of new business strategies
June 30th, 2013 - 12:23 GMT

Oman gets financial ratings boost from Standard and Poor's

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