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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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Dubai Expo 2020
June 13th, 2013 - 09:31 GMT

UAE pledges $150mn to support Dubai Expo 2020 participants

In Dubai, there are currently 11 plants varying from 400 megawatts to 1,400 megawatts
June 13th, 2013 - 04:30 GMT

GCC Power investments estimated at more than $250 billion in next five years

Portable PCs are projected to fall by 16 per cent for the year
June 13th, 2013 - 04:00 GMT

UAE computer sales to fall 19.7% in second quarter

 the tariff for higher categories will be substantially increased with additional imposition of a tax on consumption of over 1,000 units per month
June 13th, 2013 - 04:00 GMT

Pakistan unveils $200 billion ambitious budget

Banque Misr, National Bank of Egypt
June 12th, 2013 - 12:04 GMT

Egypt trims treasury bond auction as investors fret

The deal will be the first local currency Saudi debt issue that Standard Chartered has been involved in
June 12th, 2013 - 11:57 GMT

Saudi airports agency picks banks for huge riyal Sukuk

Emirates NBD
June 12th, 2013 - 11:16 GMT

Emirates ENBD completes purchase of BNP's Egypt arm

Fitch Ratings has upgraded the bank's Viability Ratings to 'bb-' from 'b+'
June 12th, 2013 - 11:14 GMT

Fitch upgrades Gulf Bank's Viability Rating; affirms IDR at "A+";

The ongoing economic boom in the region has resulted in exceptional business opportunities
June 12th, 2013 - 10:49 GMT

Swissquote Bank expands in UAE

The pound has more than halved in value since South Sudan became independent in July 2011
June 12th, 2013 - 10:39 GMT

Sudan currency close to record low after threat of oil flow stoppage

The MoU was signed for the Ministry of Finance by Obeid Humaid Al Tayer, State Minister for Financial Affairs, and for the Central Bank by Sultan Bin Nasser Al Suwaidi, Governor of the Central Bank of the UAE
June 12th, 2013 - 10:38 GMT

UAE Ministry of Finance and Central Bank sign MoU

Consumer prices increased 0.6 percent in April, after 0.5 percent in March
June 12th, 2013 - 10:03 GMT

Yemen inflation hits 14-month high of 14% in April

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