logo
#

Latest news with #IbrahimbinAlialBalushi

Karwa Motors launches new multi-purpose transport vehicle
Karwa Motors launches new multi-purpose transport vehicle

Observer

time24-05-2025

  • Automotive
  • Observer

Karwa Motors launches new multi-purpose transport vehicle

DUQM: Karwa Motors has unveiled a new multi-purpose vehicle designed for logistics, military, and public transport applications, further advancing Oman's ambitions to become a regional hub for automotive manufacturing. The launch took place at the company's state-of-the-art facility in the Special Economic Zone at Duqm (SEZD). Developed through a strategic partnership with Impel and technical collaboration with MAN, the new vehicle is tailored to meet the evolving demands of local, regional, and international markets. It showcases Karwa Motors' commitment to innovation, industrial excellence, and the localisation of vehicle manufacturing in the Sultanate of Oman. Equipped with advanced safety features and high efficiency standards, the vehicle is suitable for long-distance travel and remote area transportation, offering a robust solution for both government and private sector needs. The launch also included a showcase of Karwa's diverse vehicle portfolio, underlining the company's growing role in supporting Oman's transportation infrastructure. Karwa Motors further announced the continuation of its partnership with the Armored Group to develop and customise vehicles for specialised and security-related uses. This collaboration is set to expand the company's specialised product range, addressing the needs of vital sectors across the region. Dr Ibrahim bin Ali al Balushi, CEO of Karwa Motors, said the new vehicle underscores the company's broader mission to contribute to Oman's industrial growth, meet local demand, and export high-quality products abroad. 'This new launch enhances the global visibility of Omani-made vehicles and supports the national strategy for economic diversification,' Dr. Al Balushi said in a statement to the Oman News Agency. 'It also represents a milestone in our journey towards industrial and technological advancement, positioning the Sultanate of Oman as a key centre for specialised vehicle manufacturing.' Karwa Motors is a joint venture between the Oman Investment Authority and Mwasalat Qatar, the national transport company of the State of Qatar. The factory in Duqm stands as a flagship project under Oman's push to create value-added industries and bolster the country's manufacturing base. — ONA

Karwa unveils vehicle line-up for defence, logistics sectors
Karwa unveils vehicle line-up for defence, logistics sectors

Muscat Daily

time24-05-2025

  • Automotive
  • Muscat Daily

Karwa unveils vehicle line-up for defence, logistics sectors

Muscat – Karwa Motors has launched a new range of vehicles in a strategic partnership with Impel and technical cooperation with MAN designed for logistics, military and public transport at its factory in Special Economic Zone at Duqm (SEZAD). Developed to meet needs of local, regional and international markets, the vehicles highlight Karwa Motors' efforts to align with modern transport technologies. The project supports both government and private sector requirements, while reinforcing the company's focus on enhancing local automotive manufacturing in the sultanate. The company is currently producing a variety of vehicles developed to meet high safety and efficiency standards, targeting transport needs across cities and remote areas. The line-up underscores Karwa's contribution to Oman's transport infrastructure. Karwa Motors also confirmed its continued collaboration with Oman-based Armored Group to produce armoured vehicles for special applications. The partnership aims to expand the company's product portfolio to serve key sectors requiring specialised transport solutions. Ibrahim bin Ali al Balushi, CEO of Karwa Motors, said the new vehicles launched reflect ongoing efforts to strengthen the automotive industry in Oman. 'The goal is to serve domestic markets and expand exports to regional and global destinations, while supporting industrial self-sufficiency.' He added that such vehicle manufacturing developments enhance the presence of Omani industries in wider markets and support national economic diversification objectives. 'Production of these vehicles represents a major step in our industrial and technological expansion,' Balushi said. 'It consolidates Oman's position as a centre for specialised vehicle manufacturing, leveraging the infrastructure available at SEZAD.'

Karwa Motors eyes expansion in EVs, new export markets
Karwa Motors eyes expansion in EVs, new export markets

Muscat Daily

time22-04-2025

  • Automotive
  • Muscat Daily

Karwa Motors eyes expansion in EVs, new export markets

Muscat – Karwa Motors is exploring opportunities to expand into the electric vehicle (EV) segment and green hydrogen applications in transportation, in collaboration with its international partners, according to the company's CEO. In an interview featured in the latest edition of Duqm Economist , a quarterly publication by the Public Authority for Special Economic Zones and Free Zones (OPAZ), Dr Ibrahim bin Ali al Balushi, CEO of Karwa Motors, revealed that the company is moving ahead with ambitious strategic plans for the next five years. These plans aim to strengthen Karwa's presence in existing markets and facilitate expansion into new ones across the region. Dr Balushi highlighted that the company is actively exploring EV and green hydrogen applications opportunities through partnerships with international collaborators. 'The demand for electric buses has increased in recent years, and we anticipate further growth as Oman continues to implement its Oman Vision 2040 strategy,' he said. 'We are ready to expand in this sector, provided there is substantial market demand.' He added that Karwa Motors is also targeting new markets and developing advanced transport solutions to meet the evolving needs of different regions. The company has devised a strategic plan to boost its exports to GCC countries, wider Arab markets, and international destinations. Dr Balushi noted that the United States is a key target market, alongside Africa, which presents considerable growth potential. 'Karwa Motors seeks to build strategic partnerships with technology and energy firms to create innovative and sustainable solutions. At the same time, we are placing strong emphasis on localisation within the automotive industry, investing in national talent development and maintaining our commitment to social and environmental responsibility,' he said. He further explained that Karwa Motors is dedicated to delivering comprehensive transport solutions that address diverse customer needs. The company is focusing on developing new bus models aligned with market demands to enhance its competitiveness both regionally and globally. Dr Balushi emphasised that Karwa Motors has established a robust production infrastructure, incorporating advanced technologies and adhering to international quality standards – enhancing its ability to meet growing demand. The company has also invested in training Omani talent, resulting in a highly skilled national workforce in the field of bus manufacturing. 'At Karwa Motors, innovation and sustainability are at the heart of our operations. We have adopted advanced manufacturing techniques and sustainable materials. Our partnerships with international firms have enabled the transfer of technical expertise and support the development of production processes in line with global benchmarks,' he said. Dr Balushi informed that the company is preparing to launch its first Omani-designed and fully Omani-manufactured bus in the coming months. He reiterated that Karwa Motors is continuously expanding its production capacity, including a commitment to manufacture 1,000 school buses annually for the Ministry of Education. The company is also producing Hajj transport buses, worker transport buses, and small to medium-sized models. He further reaffirmed Karwa Motors' focus on developing innovative transport solutions, particularly by enhancing AI-driven bus systems, exploring clean energy technologies, and improving manufacturing efficiency to align with global market demands. 'We are dedicated to transforming the transport sector by prioritising innovation, quality, and sustainability,' he said. 'This commitment reinforces Karwa Motors' position as a leading provider of integrated transport solutions.'

Oman: Karwa Motors to export over 700 vehicles in 2025
Oman: Karwa Motors to export over 700 vehicles in 2025

Zawya

time21-04-2025

  • Automotive
  • Zawya

Oman: Karwa Motors to export over 700 vehicles in 2025

Muscat – Oman is set to export more than 700 vehicles to various international markets this year, according to Ibrahim bin Ali al Balushi, CEO of Karwa Motors. In an interview with a local radio station, Balushi said the company is eyeing aggressive expansion in the GCC market. 'In the recent past, we have exported vehicles to Iraq, Qatar, Saudi Arabia and the United States,' he said. In 2023, Karwa Motors exported 180 vehicles to the United States, increasing the number to 237 in 2024. The company also exports to several African countries. 'Our target for 2025 exceeds 700 vehicle exports. We have signed contracts with several countries, including a five-year agreement with one client for the annual export of at least 300 vehicles,' Balushi added. Established as a joint venture between Mowasalat Qatar and Oman Investment Authority, Karwa Motors operates a state-of-the-art manufacturing facility spread over 600,000sqm in Special Economic Zone at Duqm (SEZAD). With production capacity of 600 buses annually, the factory commenced operations in 2021 and initially focused on supplying buses for FIFA World Cup Qatar 2022. The facility is equipped with advanced technology and includes comprehensive workshops for the entire production cycle – from cutting and welding to final assembly. Since beginning commercial operations, Karwa Motors has awarded local procurement contracts worth over RO2.5mn, reflecting its commitment to developing Oman's supply chain and integrating local businesses into the manufacturing sector. As part of its strategy to reduce import dependence and support the domestic economy, the company allocated over RO1.1mn worth of business opportunities to 93 Omani small and medium enterprises in 2024. © Apex Press and Publishing Provided by SyndiGate Media Inc. (

Karwa Motors to export over 700 vehicles in 2025
Karwa Motors to export over 700 vehicles in 2025

Muscat Daily

time20-04-2025

  • Automotive
  • Muscat Daily

Karwa Motors to export over 700 vehicles in 2025

Muscat – Oman is set to export more than 700 vehicles to various international markets this year, according to Ibrahim bin Ali al Balushi, CEO of Karwa Motors. In an interview with a local radio station, Balushi said the company is eyeing aggressive expansion in the GCC market. 'In the recent past, we have exported vehicles to Iraq, Qatar, Saudi Arabia and the United States,' he said. In 2023, Karwa Motors exported 180 vehicles to the United States, increasing the number to 237 in 2024. The company also exports to several African countries. 'Our target for 2025 exceeds 700 vehicle exports. We have signed contracts with several countries, including a five-year agreement with one client for the annual export of at least 300 vehicles,' Balushi added. Ibrahim bin Ali al Balushi, CEO of Karwa Motors Established as a joint venture between Mowasalat Qatar and Oman Investment Authority, Karwa Motors operates a state-of-the-art manufacturing facility spread over 600,000sqm in Special Economic Zone at Duqm (SEZAD). With production capacity of 600 buses annually, the factory commenced operations in 2021 and initially focused on supplying buses for FIFA World Cup Qatar 2022. The facility is equipped with advanced technology and includes comprehensive workshops for the entire production cycle – from cutting and welding to final assembly. Since beginning commercial operations, Karwa Motors has awarded local procurement contracts worth over RO2.5mn, reflecting its commitment to developing Oman's supply chain and integrating local businesses into the manufacturing sector. As part of its strategy to reduce import dependence and support the domestic economy, the company allocated over RO1.1mn worth of business opportunities to 93 Omani small and medium enterprises in 2024.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store