Middle East
Airedale International extends training programme to Middle
15 December 2014 Airedale International has embarked on a data centre design and maintenance training programme in the Middle East as part of its continued commitment to supporting customers and busin...
Pakistan customs seize 4,000 air conditioners
5 December 2014 PAKISTAN: Over 4,000 air conditioners and electronic goods worth around ?2.9m have been confiscated by Pakistan revenue authorities. According to the Dawn website, Pakistan’s Fe...
Poster campaign a hit in the Middle East
November 23, 2014 DUBAI: The poster campaign initiated by UK refrigeration consultant Steve Gill has received an honourable mention in the Climate Control Middle East Awards. The innovative cam...
Fourth New Refrigerants Symposium Held in Middle East
The fourth New Refrigerants Symposium in the Middle East was held in Dubai, UAE, from October 28 to 29, under the theme of the ‘Alternative Refrigerants for High-ambient Countries: Installation, Servi...
2.9.5 Kuwait
Kuwait’s real GDP growth in 2013 is estimated at 0.8%, a sharp slowdown from the 6.2% recorded in 2012. Kuwait is expected to draft a fiveyear development plan within the year that includes large public works projects such as building roads and subways. The Japanese Ministry of Land, Infrastructure, Transport and Tourism is working to have Japanese companies involved in developing Kuwaiti i...
2.9.4 Qatar
Economic growth in Qatar, which had seen many years of double-digit growth, slowed to the single-digit range in 2012. In 2013, Qatar’s real GDP is estimated at 6.1%. Qatar, the host of the 2022 FIFA World Cup, has proposed to FIFA to build nine new stadiums and renovate three, with the 12 venues divided among seven host cities. According to Qatar’s bid organizers, the stadiums will be zero-...
2.9.3 Iran
Iran’s real GDP growth was negative 1.7% in 2013, marking the second consecutive year of negative growth. With the election of moderate Hassan Rouhani as president, hopes are growing for economic revitalization and increased business opportunities in the country. Iran’s market size for chillers was US$ 153.1 million in 2013, a 5.7% decrease compared with US$ 162.3 million in 2012. Wi...
2.9.2 UAE
The UAE’s real GDP growth came to 5.2% in 2013, its highest growth recorded in seven years. The recovery trend was evident, including in the construction sector, which saw a turn to positive growth af...
2.9.1 Saudi Arabia
Saudi Arabia’s real GDP growth was 3.8% in 2013, a slowdown from 2012 attributed in part to negative growth in the country’s oil sector. The construction sector, however, recorded solid growth of 13.4...
2.9 Middle East
In 2013, the Middle Eastern economy as a whole suffered a slowdown due to declines in oil production, political transitions, and conflict. While signs of global economic recovery in 2014 are expected ...
