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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.


brg_news_room
Jul 30, 20241 min read
SICO Plans Split AC Production in UAE
UAE: Supra Industrial Company (SICO), an OEM manufacturing enterprise for Jumbo Electronics, has announced its entry into the split air...


brg_news_room
Jul 22, 20241 min read
Saudi Arabia Signs Deal with Chinese Construction Giant to Build 20,000 Homes
Saudi Arabia: Saudi Arabia's National Housing Company (NHC) has signed an agreement with China State Construction Engineering Corporation...


brg_news_room
Jul 10, 20241 min read
$50bn Investment Drives Robust Growth in Construction and Tourism for Egypt
Egypt: Construction industry in Egypt is expected to grow at a CAGR of over 8% until 2029, driven by increased government spending,...

brg_news_room
Jun 27, 20241 min read
Azizi Renews Partnership Deal with German Sanitary Group
UAE/Germany: UAE-based Azizi Developments has renewed its partnership with Germany's Kludi GmbH, a leading manufacturer of sustainable,...

ravi_sharma
Jun 25, 20241 min read
Saudi Construction Sector to Reach US$ 181.5B by 2028
Saudi Arabia: Saudi Arabia's construction output is forecasted to reach USD 181.5 billion by 2028, marking a 28% increase over five...

brg_news_room
Jun 7, 20241 min read
Tadmur Trading Forms Strategic Partnership with York MEA by Johnson Controls in Qatar
Qatar: In a significant development for Qatar’s HVAC industry, Tadmur Trading announced its collaboration with York MEA by Johnson...


brg_news_room
Jun 6, 20242 min read
2023 Market Challenges: Sales Decline in most European countries, Yet Russia and Turkey See Increase
BRG is pleased to announce the recent publication of the 2024 Bathroom and Kitchen market reports for its tiers 1 and 2 countries. BRG...

brg_news_room
Jun 3, 20241 min read
Schneider Electric Partners with Petra Engineering in Jordan to Drive Digital Transformation
Jordan: Schneider Electric has signed a memorandum of understanding (MoU) with Petra Engineering Industries, a leading HVAC equipment...


brg_news_room
May 27, 20241 min read
RUUD Selects Modern Electronics as Exclusive Distributor for Advanced Air Conditioning Systems
Saudi Arabia: RUUD, a leading brand in the HVAC industry under Rheem Middle East, has entered into a strategic collaboration with Modern...


brg_news_room
May 22, 20241 min read
Basic Electronics Co. Lays Foundation For HVAC Smart Factory in Dammam Through a Strategic Partnership With Gree
Saudi Arabia: Basic Electronics Co., Ltd. has laid the foundation stone for the Al-Asasyah Advanced Industry HVAC Smart Factory in...


brg_news_room
May 20, 20241 min read
UAE Economy Soars: IMF Forecasts 4% GDP Growth Amid Structural Reforms
UAE: The UAE’s economy is set to thrive in 2024, with the International Monetary Fund (IMF) forecasting a 4% growth in real GDP and...


brg_news_room
May 13, 20241 min read
Grohe to Rejoin ISH in 2025 After Restructuring EMEA Operations
EU/IMEA: Grohe has announced the division of its EMEA region into two parts—Europe and IMEA (India & Subcontinent, Middle East including...


brg_news_room
May 13, 20241 min read
Major Housing Initiative: Saudi NHC and Chinese Firm Collaborate to build 20,000 Residential Units in the Kingdom
Riyadh: The Saudi National Housing Co. and China Machinery Engineering Corp. have reached an agreement to construct 20,000 residential...
brg_news_room
May 8, 20241 min read
Airedale by Modine Buys 14.6 Acre Manufacturing Location in Bradford, UK
UK: Airedale by Modine, a cooling specialist based in Leeds, has revealed plans to open its third and largest manufacturing plant in...


brg_news_room
May 7, 20241 min read
Ceremony Marks Inauguration of Al-Asasyah Advanced Industry HVAC Smart Factory in Dammam
Saudi Arabia: Amidst the industrial advancements observed in the Kingdom of Saudi Arabia, aligned with the goals of Vision 2030 to...


brg_news_room
May 6, 20241 min read
B&Q Exits Saudi Arabian Market, Shifts Focus to Other Regions
Saudi Arabia: B&Q has closed its two franchise stores in Saudi Arabia as of early 2024, according to the company's final results from...


brg_news_room
Apr 24, 20241 min read
IMF: The Rate of Global Recovery Varies by Location and is Often Slow
Global: The world economy is expected to grow at the same rate of 3.2% in 2024 and 2025 as it did in 2023, according to the baseline...


brg_news_room
Apr 17, 20241 min read
World Bank Revises its Growth Forecast for the Saudi Economy to 5.9%.
RIYADH: In comparison to its previous prognosis, which was 4.2% in January of this year, the World Bank has increased its projection for...


brg_news_room
Apr 17, 20241 min read
TIGI Acquires SOLID, an Austrian Company
Israel: TIGI, an Israeli company that offers solutions and services related to the generation and storage of renewable heat, made the...


brg_news_room
Apr 17, 20241 min read
Oasis Coils and Coatings and Desiccant Rotors International Partner to Strengthen Middle Eastern HVAC-R
Dubai, UAE: Desiccant Rotors International (DRI), a pioneer in Desiccant Heat Wheel Technology and the largest manufacturer of...
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