Middle East
Establishment of Daikin Air Conditioning Saudi Arabia
Daikin Europe, a wholly owned subsidiary of Daikin, has established Daikin Air Conditioning Saudi Arabia in a joint venture with RIRAC, a Saudi joint company between Rajhi Holdings and Al Mutlaq Group...
Carrier and Otis Convene International Sustainability Expert
Dec 5, 2013 DUBAI In order to promote green building opportunities in a region known for having one of the world’s highest per capita consumption rates of electricity, Carrier and Otis convened their ...
2.9.6 Iraq
Under a five-year plan from 2010 to 2015, Iraq has been investing in medicine, education, construction, petrochemicals, cement, and other industries that are not oil-related. The Iraqi government has also set targets for new construction, including building more than 2 million homes, more than 3,000 schools, and more than 1,000 medical facilities to create infrastructure demand as part of the plan...
2.9.5 Kuwait
Kuwait’s real GDP growth in 2012 was 5.1%. Kuwait boasts the fourthlargest oil reserves in the world, and its economy has achieved rapid development through oil exports. The country has been working t...
2.9.4 Qatar
Qatar’s market size for chillers was US$ 38.1 million in 2012, a substantial decrease of 19.2% compared with US$ 47.1 million in 2011. Its centrifugal chiller segment saw a big decrease of 30.0% from ...
2.9.3 Iran
Iran’s real GDP growth in 2012 was a negative 1.9%, a sharp contraction from positive 3.0% growth the year before. International economic sanctions against Iran have caused its currency, the rial, to fall, sparked high inflation, and led to deteriorating trade conditions from delays and defaults in payments. Industrial activity across every industrial category is decreasing. The total value of imp...
2.9.2 UAE
The UAE’s real GDP growth in 2012 reached 4.4%, a 0.5% higher than the previous year, due to strong economic activity in both oil and non-oil-related industries. The UAE is continuing to strengthen its infrastructure to serve as a hub for the Middle East and North Africa, and inward direct investment is showing gradual recovery. The total size of the UAE’s chiller market was US$ 176.4 milli...
2.9.1 Saudi Arabia
Saudi Arabia’s real GDP in 2012 came to 6.8%. Growth was noticeably strong in the construction industry, which marked double-digit growth of more than 16%. Saudi Arabia represents one of the mo...
2.9 Middle East
Projects in the Middle East that were put on hold after the global economic crisis sparked by Lehman Brothers’ bankruptcy have gradually been resumed, and the dark cloud cast by the Dubai debt shock i...
Bangkok RHVAC and Bangkok E&E Fair 2013--Photo Report
Daikin--made a presentation about the new refrigerant R32, attracting many visitors. The company intends to replace the existing refrigerant by R32. Daikin exhibited its Uru-Sara 7 room air conditione...
BITZER at the BIG 5 trade fair in Dubai
November 2013 The tried-and-tested screw compressors of the CSH series are suitable for applications with higher condensing temperatures in air conditioning systems, heat pumps and individual short ci...
ARAMENA: HVAC&R Association in Middle East and North Africa
On September 10, 2013 the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) and the United Nations Environmental Programme’s (UNEP) - Regional Office of West Asia announced the launch of A...
