Thursday 3 September 2015
 
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Elevators

Saudi escalator market set for 7pc growth

Growing construction industry, high rise buildings and expansion of public and private infrastructure will boost Saudi Arabia’s elevators and escalators market to grow at a CAGR of 7.2 per cent during 2015-21, a report said.

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Saudi escalator market set for 7pc growth

Growing construction industry, high rise buildings and expansion of public and private infrastructure will boost Saudi Arabia’s elevators and escalators market to grow at a CAGR of 7.2 per cent during 2015-21, a report said.

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Qatar elevator market to see 5.6pc growth

The growth in construction market owing to the upcoming Fifa World Cup and increasing investments will boost Qatar’s elevators and escalators market to grow at a compounded annual growth rate (CAGR) of 5.6 per cent during 2015-21, a report

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Saudi elevator market to top 7pc growth

The growth in construction market owing to various up-coming public and private infrastructure projects will boost Saudi Arabia’s elevators and escalators market to grow at a compounded annual growth rate (CAGR) of 7.2 per cent during 2015

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Kone backs Dubai skyscraper summit

Kone, one of the global leaders in the elevator and escalator industry, has signed up as the gold sponsor for the upcoming Smart Skyscrapers Summit in Dubai, UAE. The two-day event, which will kick off on May 11 at Sofitel The Pal

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700,000 elevators to be installed in Mena by 2018

More than 700,000 elevators are to be installed in the Middle East and North Africa (Mena) region by 2018, according to a latest industry report. Against this regional market upsurge, the ‘Elevators and Access Control’

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Bahrain’s construction sector ‘recovering’

The construction industry in Bahrain is shaping up after a period of unrest that also affected the real estate sector, said top officials from a major construction company in the kingdom. Concrete efforts from the government addressing af

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Toshiba Elevators unveils Mideast expansion

Toshiba Elevators, one of the world’s top seven elevator companies, has unveiled an expansion strategy for the Middle East and CIS regions that will see its annual turnover more than double by 2015. The company said it plans to increase th

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Kone clinches Kuwait elevator order

Finnish firm Kone has won an order to supply 93 elevators for a major hospital project in Kuwait. Kone will provide 25 Kone MonoSpace special elevators, and 68 Kone MiniSpace elevators for the Jaber Al Ahmad Al Jaber Al Sabah Hospital proj

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Al-Futtaim wins $22.5m UAE contracts

Al-Futtaim Engineering, one of the leading multi-disciplinary engineering organisations, said it has won major contracts worth Dh83 million ($22.5 million) for supply and installation of Hitachi and LM lifts in key real estate projects in the UAE.

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