2.9 MIDDLE EAST

The air conditioner market in the Middle East emerged from a quagmire following nearly two years of decline.
Oil prices have improved greatly. The governments of many countries in the Middle East have stepped up their efforts to revive their economies. With the implementation of open policies, consumption has increased significantly. Stimulated by several favorable factors including the 2022 World Cup in Qatar and the World Expo in Dubai, the air conditioner market in the Middle East has achieved a satisfactory recovery.