Latest news with #IbrahimbinAlialBalushi
Muscat Daily
7 hours ago
- Automotive
- Muscat Daily
Oman, Belarus MoUs to boost cooperation in auto, digital sectors
Muscat – Oman and Belarus signed three memoranda of understanding in Muscat on Wednesday aimed at advancing cooperation and technology transfer in the fields of automotive manufacturing and smart technologies. The first agreement, between Karwa Motors and Belarusian mechanical engineering firm Amkodor, outlines a framework for industrial and commercial collaboration. A second agreement between Karwa Motors and Belarusian vehicle manufacturer MAZ will focus on manufacturing and distributing transport and specialised vehicles, including trailers. The MoU also provides for joint marketing efforts, establishment of a production line at Karwa's Duqm plant, technical knowledge transfer, training programmes and support to build national capabilities. These agreements were signed by Ibrahim bin Ali al Balushi, CEO of Karwa Motors, Aleksey Zanduk, Deputy General Manager of Marketing at Amkodor, and Alexander Atroshchik, Deputy Commercial Director at MAZ. The third MoU was signed between Oman National Engineering and Investment Company (ONEIC) and Belarusian firm Delivery Software. It focuses on bringing advanced digital solutions to Oman and the wider region. Areas of cooperation include ICT development, AI applications, financial technologies, and automation services to improve operational efficiency and drive digital transformation. The MoU was signed by Aziz al Hasani, General Manager of IT and E-Business at ONEIC, and Andrey Sudakov, CEO of Delivery Software. The agreements were signed under the framework of the Omani-Belarusian Joint Committee, which aims to deepen strategic partnerships between companies from the two nations.
Observer
8 hours ago
- Automotive
- Observer
Oman, Belarus ink deals to boost industrial and digital cooperation
MUSCAT: The Sultanate of Oman and the Republic of Belarus signed three memoranda of understanding (MoUs) in Muscat aimed at strengthening cooperation and facilitating technology transfer in the automotive and smart technology sectors. The first MoU, signed between Karwa and Belarusian firm Amkodor, establishes a joint framework for industrial and commercial collaboration, enabling both parties to expand into markets across Oman, the GCC, and Africa. The second MoU, also involving Karwa and Belarusian company MAZ, focuses on cooperation in the manufacture and distribution of transport vehicles, specialised equipment, and trailers. It includes joint market studies, marketing initiatives, and the development of a full production line at the Karwa Automobile Plant in Oman. The agreement also facilitates the transfer of technical expertise, training programmes, and technical support to build the capacity of national talent. Representing Karwa at the signing was CEO Dr Ibrahim bin Ali al Balushi, with Aleksey Zanduk, Deputy General Manager of Marketing at Amkodor, and Alexander Atroshik, Deputy Commercial Director at MAZ, signing for their respective firms. The third MoU, between the Omani National Engineering and Investment Company (ONEIC) and Belarusian firm Delivery Software, targets the deployment of cutting-edge digital solutions in Oman and the wider region. Areas of collaboration include ICT innovation, AI applications, fintech, and other digital services that enhance automation and operational efficiency. The agreement was signed by Engineer Aziz Al Hasani, ONIC's General Manager of IT and E-Business, and Andrey Sudakov, CEO of Delivery Software. The ceremony was attended by Abdul Salam bin Mohammed al Murshidi, Chairman of the Oman Investment Authority, Dr Abdullah bin Masoud al Harthy, Honorary Consul of Belarus to Oman, and several senior officials from both nations. These agreements stem from efforts by the Omani-Belarusian Joint Committee to strengthen strategic partnerships, promote knowledge exchange, and position Oman as a hub for high-quality investments and future-focused projects. — ONA
Observer
24-05-2025
- 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
Muscat Daily
24-05-2025
- 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.'
Muscat Daily
22-04-2025
- 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.'
