Middle East
Drake & Scull wins Dubai cooling contract
May 30, 2016 DUBAI: Drake & Scull has been awarded a contract to design, build and operate a Dh120m (29m Euro) project to extend a district cooling network in Dubai. Emirates District Cooli...
2.9 Middle East
The Middle Eastern VRF market grew to 22,000 units in 2015. Almost all VRF systems were imported from overseas. The Middle Eastern VRF market was driven by growing population and an increasing number of large city development projects such as auditorium construction. These large-scale projects exert a major impact on VRF demand. In the case of government-led urban development projects, VRF ...
Saudi-Egyptian joint venture to build $3.6bn project
25 May 2016 The $3.6 billion Mountain View iCity has been announced, Egypt’s biggest upcoming project that is a joint venture between the Egyptian Mountain View and Saudi Sisban Holding. The venture h...
Hamdan Bin Rashid inaugurates Community Management Week amid
May 23, 2016 Community Management Week, the pioneering event that brings five dedicated shows under one banner, was inaugurated today (Monday, May 23, 2016) by HH Sheikh Hamdan Bin Rashid Al Maktoum, ...
1.9.4 Others
The Iraq air conditioner market decreased 1.8% from 2014 to 2015 due to increasing political and economic challenges. The local market was dominated by Chinese manufacturers. According to Haier, over 1 million air conditioner units were exported from China to Iraq, indicating slight year-on-year growth. Due to sanctions on Iran several years ago, foreign companies have found it very difficu...
1.9.3 Iran
The Iranian air conditioner market remained flat in 2015. The market volume of wall-mounted air conditioners was 500,000 units. In January 2016, the United States lifted sanctions on Iran. The foreign exchange rate was chaotic, but the Iranian government enacted policies to ease finances. It is expected that market demands will recover to a sound level in a few months. A double digit growth...
1.9.2 UAE
The UAE maintained a relatively stable political status among Middle Eastern countries. The local economy was driven by overseas investment and tourism. The population continues growing and has strong...
1.9.1 Saudi Arabia
Saudi Arabia is the largest market in the Middle East. In 2015, the Saudi Arabian market scope came to 2.1 million units, showing 12.6% year-on-year growth, after the slump in 2013 and rebound in 201...
1.9 Middle East
The Middle Eastern air conditioner market was 5.7 million units in 2015, a 4.4% increase from the previous year. Saudi Arabia and the United Arab Emirates (UAE) are major markets in the Middle ...
Honeywell Presents Its Latest Connected Technologies That He
May 19, 2016 ? Company introduces DolphinTM CT50h, a mobile device that enhances hospital patient care and boosts accuracy and responsiveness ? Honeywel...
