Friday 22 November 2024
 
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UAE elevator market seen growing at 4.7pc

The elevator and escalator market in the UAE is expected to grow at a compound annual growth rate (CAGR) of 4.7 per cent during 2018-24 on the back of mega infrastructure development due to the upcoming World Expo 2020, a report said.

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UAE elevator market seen growing at 4.7pc

The elevator and escalator market in the UAE is expected to grow at a compound annual growth rate (CAGR) of 4.7 per cent during 2018-24 on the back of mega infrastructure development due to the upcoming World Expo 2020, a report said.

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Kone wins order for Msheireb Downtown Doha

Finland-based Kone Corporation has won an order for 72 elevators and escalators for Phase Four, the last phase to complete Msheireb Downtown Doha, a pioneering project developed to revive Qatar's old commercial centre. Msheire

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Hitachi offers new escalator in Middle East

Hitachi has announced the launch of its new TX Series escalator for the Middle East, India and Asia. The escalator, which has already been released in China, will be released in stages across the remaining regions, commencing Augu

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Kone wins major Doha Metro order

Kone, a global leader in the elevator and escalator industry, has won a major order to supply elevators and escalators for the Doha Metro project in Qatar. The contract includes the supply of over 500 pieces of equipment for Doha

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Kone wins major Doha Metro order

Kone, a global leader in the elevator and escalator industry, has won a major order to supply elevators and escalators for the Doha Metro project in Qatar. The contract includes the supply of over 500 pieces of equipment for Doha

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Saudi elevator market seen growing at 1.9pc

Slumping oil prices, weakening economy and expected cut in investments will affect Saudi Arabia’s elevator and escalator market which is expected to grow at a compounded annual growth rate of 1.9 per cent during 2016-22, a report said.

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UAE elevator market to see 6pc growth

Construction activities, building of skyscrapers, enhancement of infrastructure including airports and metro stations will drive the UAE’s elevator and escalator market to grow at a compounded annual growth rate (CAGR) of six per cent duri

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UAE elevator market to see 6pc growth

Construction activities, building of skyscrapers, enhancement of infrastructure including airports and metro stations will drive the UAE’s elevator and escalator market to grow at a compounded annual growth rate (CAGR) of six per cent duri

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