United Arab Emirates (UAE) retailer Mohamed Hareb Al Otaiba Group (MHAO) signed a 5-year home appliances deal with BSH Bosch und Siemens Hausgeräte GmbH. AME Info reports the agreement is intended to help the two companies grow their share of the region's home appliances market to 10 percent. The market is estimated at approximately U.S. $500 million. MHAO and BSH plan to open appliance showrooms and service centers in Dubai and throughout the emirates.
In addition to its Domestic Appliances Division, MHAO has a Leisure & Fitness Division, an Office Equipment Division and a Commercial Kitchen & Laundry Equipment Division.
Back to Breaking News