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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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Personal-care items and services dropped by seven per cent in April, on month
June 18th, 2013 - 04:00 GMT

Oman inflation falls to 40-month low

Dar Al-Arkan Real Estate topped the volume chart
June 17th, 2013 - 11:07 GMT

Saudi Real Estate sector surges 3.73%

Some say the price increases have nothing to do with a rising demand for sheep, but fodder prices that have been rising over the past year
June 17th, 2013 - 10:55 GMT

Livestock prices rise ahead of Ramadan

Jazeera Airways
June 17th, 2013 - 10:48 GMT

Jazeera Airways gets $90 million loan from NBK and DVB Bank

The facility will be the world's largest chemical complex ever built in a single phase
June 17th, 2013 - 10:44 GMT

Saudi Aramco-Dow JV raises funding for $19 billion project

The loan was partly provided by the IFC and partly by DEG
June 17th, 2013 - 10:41 GMT

Metito gets funding to expand in Egypt, Asia

Promoters will divest 40 per cent of their holding in the company
June 17th, 2013 - 10:39 GMT

Omani Al Madina Insurance plans IPO in process to become Takaful operator

Central Bank of Qatar
June 17th, 2013 - 10:36 GMT

Qatar tightens cap on banks' securities investments

Tunis is also in talks with Qatar about the Gulf deositing at the Tunisian central bank
June 17th, 2013 - 05:13 GMT

Tunisia gets $1.2 bn funding from Islamic Development Bank

The statement gave no timeframe for the capital increase or the regulatory approval process.
June 17th, 2013 - 05:00 GMT

Egyptian property developer plans $85.8 mln rights issue

Moody's Investors Service has upgraded Jebel Ali Free Zone FZE's (JAFZ) Corporate Family Rating (CFR)
June 17th, 2013 - 05:00 GMT

Moodys upgrades JAFZ's ratings to Ba3; on review for further upgrade

no changes to the plan or the amount of aid the country is seeking
June 17th, 2013 - 04:30 GMT

Egypt in late stages of verifying reform plan with IMF - central bank

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