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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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Emaar launches new residential project
June 10th, 2013 - 04:30 GMT

Emaar announces a string of residential development projects

Al Batinah Development was the top gainer for the day.
June 10th, 2013 - 04:00 GMT

Muscat market gains following global equities hike

The Abu Dhabi measure was down 0.25 per cent to 3590.43.
June 10th, 2013 - 04:00 GMT

UAE markets slide ahead of anticipated upgrade decision

Qatar Central Bank to issue 4 billion riyals of debt
June 9th, 2013 - 01:36 GMT

Qatar Central Bank to issue $1.2bln worth of debt

Bahrain's  consumption now is nearly 3,000MW per day
June 9th, 2013 - 10:36 GMT

Bahraini $2bln energy project on track

May forecast of foreign reserves were to increase to $19bn by the end of this year
June 9th, 2013 - 05:58 GMT

Egypt forex reserves increase to $16.04bln

Intermetal has set up a 300,000 square foot factory fully equipped with advanced manufacturing capabilities including CNC bending and routing machines
June 9th, 2013 - 05:19 GMT

Intermetal invests $20mln in office furniture sector

Abu Dhabi economy improves significantly in first quarter
June 9th, 2013 - 05:13 GMT

Banks, stocks drive Abu Dhabi economy up in Q1

Yemen reports increased investment in industrial, service sectors
June 9th, 2013 - 04:30 GMT

Yemeni premier meets Russian investment delegation

Gold smelter
June 9th, 2013 - 04:00 GMT

Sudan's central bank restricts imports & exports of gold

International Monetary Fund (IMF), which is holding talks with Egypt on a $4.8bn loan, says the country’s authority is progressing in technical talks as negotiations continue
(AFP Photo)
June 9th, 2013 - 04:00 GMT

Egypt, IMF making progress in loan negotiations

The waivers were granted to major oil importers China, India, Malaysia, Republic of Korea, Singapore, South Africa, Sri Lanka, Turkey, and Taiwan
June 6th, 2013 - 11:46 GMT

US renews bid to reduce Iran oil exports

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