Hisense

Middle East

2012.06.28

Lochinvar Names Goodwin President, Chief Operating Officer

June 26, 2012 LEBANON, Tenn. -- Wallace E. “Eddie” Goodwin has been named president and chief operating officer of Lochinvar LLC, a leading manufacturer of high-efficiency water heaters, boilers, pool heaters, and commercial solar thermal equipment.   Goodwin will be responsible for managing day-to-day operations of the company as well as working with senior leadership to establish long-range...

2012.05.30

Hastie Group collapse affects 4,700 jobs in Australia and Mi

28 May 2012 Subcontractors told to stop work on Hastie projects, as there is no ‘access to cash’   Adminstrators of Australian rac giant Hastie Group said there are no funds for 33 of the companies it is administering in the M+E and plumbing (MEP) sector in Australia and the Middle East, affecting a total of 4,700 jobs.   Banks appointed administrator PPB Advisory today, as a result, PPB...

2012.05.29

2.9.4 Israel

Last summer, large social justice demonstrations were held in Israel to protest the lack of housing for young couples and students. As a result, the Israeli government recently approved a new housing plan designed to add tens of thousands of apartments to the housing market, which may increase air conditioner installations in the country.   With a market size of about 450,000 units last year,...

PR 2018.06.23

i-NX-Q: the new Climaveneta multi-purpose heat pump with inverter technology

Mitsubishi Electric Hydronics & IT Cooling Systems presents i-NX-Q. Climaveneta’s air source multi-purpose unit with scroll inverter compressors and cooling capacity from 43 to 151 kW. The logic of
2012.05.29

2.9.3 Iran

Iran’s air conditioner market scale in 2011 is estimated at 513,000 units. The market was slighlly contracted from the previous year due to the international economic sanctions imposed on Iran. However, with a large population of over 75 million and a very hot climate, the market has potential. Whether the economic sanctions are relaxed is the key to future growth.   Window-type units account...

2012.05.29

2.9.2 UAE

The economy of the United Arab Emirates (UAE) grew moderately in 2011 due to higher oil prices and trade with Asia. Sectors such as real estate, however, have not yet fully recovered from the 2009 deb...

2012.05.29

2.9.1 Saudi Arabia

Saudi Arabia has enjoyed solid economic performance due to stable oil prices and has been investing heavily in public works around the country, including university construction. Air conditioner deman...

2012.05.29

2.9 Middle East

According to IMF data, real GDP growth for the Middle East combined with North Africa (MENA) was 3.5% in 2011, falling below the 4.9% posted in 2010.   Iran’s real GDP growth fell to 2.0% in 2011...

2012.05.22

GE to set up technical academy in Saudi

Dammam: Mon, 21 May 2012 Global technology giant GE said it has signed a strategic partnership deal with Saudi-based Technical and Vocational Training Corporation (TVTC) to establish an academy in th...

2012.05.15

IEA prepares in-depth outlook for Iraqi energy sector

Study team meets key stakeholders to discuss Iraq’s energy needs and its role in meeting global oil demand   10 May 2012 In preparation for the World Energy Outlook (WEO) 2012 special report on t...

2012.05.01

Hitachi Brings Large-Scale Fridge to Middle East with UAE La

May 8, 2012 Hitachi, through local distributor Eros Group, launched its Ultra Big2 Refrigerator in the UAE this week as a precursor to launches throughout the Gulf region, according to the Khaleej Tim...

2012.05.02

Patrick Mullins hits quarter centuary at WR

Patrick Mullins 30 April 2012 Patrick Mullins achieves a quarter century of service and receives gold from WR Refrigeration   Patrick Mullins, one of the best known faces in the UK refrigeration ...

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