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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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First Gulf Bank building
June 23rd, 2013 - 09:20 GMT

First Gulf Bank acquires Dubai First

The rial was trading at around 33,300 per dollar
June 23rd, 2013 - 05:19 GMT

Iranian rial climbs 10 percent as hopes grow over economy

The GCC economies would continue to benefit from high oil prices
June 23rd, 2013 - 05:00 GMT

GCC economies set to grow at 5.6 per cent in 2013

Qatar foreign trade saw rise according to figures
June 20th, 2013 - 10:00 GMT

Qatar foreign merchandise trade surplus up 2.2 per cent in April 2013

Offshore drilling site
June 20th, 2013 - 09:03 GMT

UAE-owned Adma-Opco awards $766 million contract to local firm

Tunisia's national flag
June 20th, 2013 - 09:00 GMT

Tunisia may delay Sukuk issue to next year

The total lPO was valued at SR 5.3 billion in 2012 and SR 1.7 billion in 2011
June 20th, 2013 - 05:00 GMT

Kingdom’s IPO subscriptions decline 53% in 6 months

The price of oil was down slightly yesterday.
June 20th, 2013 - 05:00 GMT

Kuwait says oil prices are fair

Only Saudi citizens are allowed to subscribe for IPOs
June 19th, 2013 - 10:46 GMT

Saudi Arabia IPO subscriptions decline 53% in 6 months

The UAE ranked second and its inflow rose 25 per cent to $9.6 billion
June 19th, 2013 - 10:29 GMT

Foreign direct investment in Arab world surges by 10% to $47.1b in 2012

Masdar's Seychelles Wind Farm
June 19th, 2013 - 10:24 GMT

Abu Dhabi launches wind farm in Seychelles

Central Bank of Qatar
June 19th, 2013 - 10:14 GMT

Qatar introduces bonds for trading in its market

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