In a strategic move to expand its global footprint, Peacebird Group, a well-known Chinese apparel retailer, has announced the acquisition of a prominent cross-border e-commerce platform deeply entrenched in the Middle Eastern market.
Chinese appliance companies, like Hisense, Haier, TCL, and Midea are directing their attention towards MENA markets.
Operated by Chinese firms, these industrial parks provide a familiar and friendly business environment for Chinese companies.
Mena’s focus extends beyond metallurgical manufacturing, involving renowned companies such as Baosteel and Sunstone, to embracing leaders in the photovoltaic sector like Xinjiang Goldwind Science & Technology (亿航) and TCL Huizhou Haotong New Energy Co., Ltd. (TCL中环).
Chinese companies are playing a pivotal role in the flourishing PV market in the Middle East and North Africa.. In 2023, Chinese enterprises achieved remarkable success in various PV projects across the region.
As the global construction market continues to evolve, the Middle East, particularly Saudi Arabia and the United Arab Emirates, has emerged as a significant market for the windows, doors, and façades industry.
Advantages of the Middle …
