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
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
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’
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
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
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
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.
Kone, leading manufacturer of industry-leading elevators, escalators and solutions for modernization, has won an order to supply eight customized high-rise elevators for the new Infinity Tower in Dubai.
Three of the elevators will travel a
Damac Properties has awarded the elevator contract for three of the company’s projects in Jumeirah Village South (JVS) to Al Arabia for installation of the leading Korean brand Sigma Elevators.
Al Arabia, part of the Juma Al Majid Group, i
Memon Investments has awarded a contract to Shanghai and Arabian Electromechanical (SAE) for installation of state-of-the-art elevators within its upcoming projects Champions Tower I and Cambridge Business Centre.
The Dh1.1 million (2