AW Rostamani Group signs exclusive distribution aagreement for the UAE with JMMC
Bookings are open now
Dubai, United Arab Emirates: AW Rostamani (AWR) Group, one of the UAE's leading family business groups, has signed an exclusive distribution agreement for the UAE with JMIE (Jiangxi Jiangling Motors Import and Export Co., Ltd.) for the JMMC brand (JMCG Jingma Motor Co.,Ltd), part of the JMCG (Jiangling Motors Corporation Group) in China.
The agreement was signed by Khalid Al Rostamani, Chairman and Group CEO, and Tom Fux, CEO, AWR Automotive, with HU Yong, General Manager, MEA from JMMC.
JMMC, specialising in both ICE (internal combustion engine) and EV (electric vehicle) light commercial vehicles such as vans, buses, and specialised vehicles, has granted AWR Group exclusive distribution rights in the UAE for its current and future product lines. AWR Group will leverage its expansive facilities for storage and after-sales services, with an initial focus on the 7.2 metre bus market, followed by plans to introduce 5.5 metre gasoline and EV vans, and EV buses.
Khalid Al Rostamani, Chairman and Group CEO, AW Rostamani Group said, 'This partnership reflects our commitment to diversifying our automotive portfolio while meeting the evolving needs of the UAE market. JMMC's proven track record in commercial vehicles, combined with their competitive pricing structure, presents an exceptional opportunity to serve government entities, educational institutions, and corporate fleet operators across the Emirates."
JMMC's initial offering to the UAE market will comprise 7.2-metre buses, ideal for urban and long-distance transportation needs. AWR Group's pricing strategy positions JMMC as a game-changer in the market. With a significant price advantage over current market alternatives, JMMC offers a compelling value proposition for fleet operators looking to optimise their transportation investments, combining competitive pricing with proven Japanese engine technology.
JMCG, the parent company of JMMC, brings impressive credentials to this partnership. As the only commercial vehicle company in China with joint ventures with two Fortune Global 500 companies – Isuzu and Ford – JMCG combines international expertise with local market understanding. The company sold 398,000 vehicles last year. Notably, JMMC leads China's electric mid-size bus market.
With products already exported to more than 20 countries and regions, JMMC has demonstrated its ability to adapt to diverse market requirements while maintaining consistent quality standards. Bookings are now open for 7.2M bus model with deliveries beginning in July, 2025.
About AWR Group
AW Rostamani Group is a multi-sector, multi-market group and one of the most progressive companies in the Middle East. With a legacy spanning over seven decades, AWR Group employs 3,000 individuals, serving a diverse customer base of over 155,000 individuals and 24,000 businesses. Its core verticals include automotive, real estate, logistics, lifestyle, lighting solutions, travel, agritech, and sustainable packaging.
More than just serving the present, AWR Group embraces generation next. It builds purposeful businesses to enrich the lives of every generation, striving to make a meaningful and enduring impact on business, people, and the world. Built on a bedrock of strong founding values, AWR Group continues to evolve with the times and ahead of them, at work for a planet that prospers.
For more information, please visit https://www.awrostamani.com.
Media Enquiries
For any media enquiries or questions, please contact: media@awrostamani.com.
About JMMC
JMCG Jingma Motor Co., Ltd. (JMMC), has been recognized as one of the "Top 10 Industrial Enterprises" by the National Transportation Enterprise Management Committee of China,was founded in 1958 and is dedicated to the R&D and manufacturing of 6- to 12-meter buses, as well as special-purpose vehicles, based on ISUZU technology and standards.
JMMC operates two factories with a combined annual production capacity of over 6,000 units.
In 2019, JMMC ranked 1st in the 6-meter bus segment and 2nd in the 7-meter bus segment in the Chinese market.
JMMC's products have been exported to Southeast Asia, Central Asia, the Middle East, Africa, Latin America, Oceania, and other regions. These vehicles are designed to perform reliably in diverse environments such as tropical climate, mountainous terrain, snowy regions, coastal areas, and plateaus.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
32 minutes ago
- Zawya
ACICO reports net profit of KD 8.3mln and operating profit of KD 3.5mln in Q2 2025
Maintains stable prices and supports the local market amid operational developments Kuwait: ACICO Group announced its financial results for the second quarter of 2025, reporting a net profit of KD 8.3 million, marking a major turnaround from the net loss of KD 2.3 million recorded during the same period in 2024. The results reflect the company's stringent cost control policy, enhanced operational efficiency, continued progress in implementing its financial restructuring plan and its operational strength that positions it as a partner of choice in key infrastructure projects in Kuwait and the region. Commenting on the results, Chairman of the Board Mr. Emad Abdullah Al Essa stated: 'We are entering a new chapter that paves the way for strengthening our financial position in line with our solid operational track record and sector-wide achievements. We have built a strong foundation rooted in operational efficiency, prudent management and a clear commitment to sustainable growth, ensuring long-term value for our shareholders, customers and the community. With confidence, we are moving forward toward achieving financial and operational balance that reinforces ACICO's position as a leading national company aligned with Kuwait's and the region's development ambitions.' Sales from industrial operations grew by 7.9% to KD 35.6 million. Gross profit margin improved from 17% to 18%, and selling, general and administrative expenses remained flat year on year. Despite these improvements, the company recorded an operating profit of KD 3.5 million, compared to KD 5 million in Q2 2024. This variance is primarily due to the exclusion of real estate revenues following the divestment of certain assets as part of the company's restructuring efforts, which have significantly reduced total liabilities and interest expenses from KD 8 million to KD 3.7 million. Restructuring Enhances Financial Position During the quarter, ACICO finalized a major debt restructuring agreement with a creditor bank for a total liability of KD 128.5 million. The agreement, which aligns with the Group's approved financial restructuring plan, resulted in a non-recurring gain of KD 3.5 million and a corresponding increase in shareholders' equity. The agreement included a multi-phase implementation plan, comprising the transfer of a property worth KD 60 million, a partial cash repayment of KD 2 million, direct debt discounts, and the conversion of part of the debt into preferred shares. The Group reaffirmed that this agreement is a continuation of its comprehensive financial restructuring strategy endorsed by the Board of Directors, aimed at strengthening financial efficiency, fortifying the balance sheet, and reinforcing ACICO's position as a leading regional player.
Zawya
32 minutes ago
- Zawya
QIB and INJAZ Qatar mark major milestone in Life Skills program
Doha, Qatar – Qatar Islamic Bank (QIB), Qatar's leading digital bank, in collaboration with INJAZ Qatar, a leading non-profit organization focused on youth economic empowerment, has successfully concluded the 2024/25 cycle of the nationwide Life Skills Program, impacting over 27,000 students across 71 schools. Over the course of the year, more than 180 teachers were trained and deployed to deliver the programs in classrooms. The sessions were integrated into the academic calendar, allowing students to benefit from structured, interactive content across 12 teaching hours. This three-year program, developed under the supervision of the Ministry of Education and Higher Education was designed to equip Grade 7 and Grade 9 students with the skills they need to succeed in both their academic and professional lives. The Life Skills for Preparatory Students project is comprised of two distinct programs tailored to each grade level. The 'It's My Business' program for Grade 7 students has introduced design thinking as a problem-solving approach and offered a hands-on entrepreneurial experience, guiding students through identifying market needs, proposing solutions, and exploring how to launch a business idea. Meanwhile, the 'It's My Future' program for Grade 9 students focused on career readiness, helping them build a personal brand, explore job opportunities, write resumes, and develop the skills and behaviors needed to succeed in the job market. Commenting on the success of the first year's program, Mrs. Mashaal Abdulaziz Al Derham, Assistant General Manager, Head of Corporate Communications & Quality Assurance at QIB, said: 'We are pleased to see the strong results of our collaboration with INJAZ Qatar. This program represents our long-term commitment to supporting the youth of Qatar through practical, forward-thinking education. By focusing on life and financial skills at the preparatory level, we are contributing to the development of confident, capable individuals who are ready to shape their own futures. This initiative aligns with QIB's social responsibility framework and supports the broader goals of Qatar National Vision 2030.' Mr. Emad Al Khaja, CEO of INJAZ Qatar, commented: 'We are happy to continue our successful collaboration with QIB. Together, we are building an ecosystem of learning that extends beyond the classroom and prepares young students to make informed life and career choices. This collaboration remains a strong model for impactful educational outreach in the region.' The QIB-INJAZ Qatar collaboration highlights a shared commitment to empowering youth in Qatar by bridging the gap between education and real-world skills. With a growing impact year over year, the Life Skills Program continues to support the development of future-ready generations who can actively contribute to the country's economic and social progress. For more information, please visit
Khaleej Times
32 minutes ago
- Khaleej Times
UAE: Job offer during probation? What the law says about resigning during first 6 months
Are you currently on probation and received another job offer? Or perhaps you've decided to resign and leave the UAE altogether. Before making a move, it's important to understand the regulations that govern resignations during your first months with a company. UAE's Federal Decree-Law No. (33) of 2021 on the Regulation of Employment Relationships and its amendments have defined the specific commitments that employees need to adhere to if they wish to leave their jobs while on probation. According to this law, an employee's probation period cannot exceed six months. Any probationary term longer than that is unlawful. Conditions governing resignation during these six months aim to protect the employer's rights as well as enhancing labour market flexibility, competitiveness, and ease of doing business. The UAE Ministry of Human Resources and Emiratisation (MoHRE) has recently shared these regulations explained. Switching jobs inside the country If an employee wishes to move to another job withing the country, they must notify their employer at least one month in advance. Employees can choose between doing this or compensating their employer with an amount equal to their wage for the notice period or the remaining duration. The old employer has the right to demand that the new one compensate them for the costs of recruiting and contracting with the worker. Resigning to leave the UAE If the employee wants to terminate their contract during the probation period in order to leave the country, they must provide the employer with at least 14 days' notice before the intended termination date, or compensate the employer with an amount equal to their full wage for the notice period or the remaining portion of it. Failure to comply with the notice requirement will result in the employee being ineligible for a work permit in the country for one year from the date of departure.
