Middle East
Elevator Solutions Investment Co. Acquires Two Companies
Elevator Solutions Investment Co., a subsidiary of Mayar Holding Co., signed a binding purchase agreement to acquire the entire share capital of Saudi Installation Testing and Maintenance Co. (ITM Co....
2022 Export Champions of the Year Announced
With the sectoral experience of its manufacturers and strong collaborations in the international arena, Turkish Machinery presented certificates of achievement to the export leaders of the year in the machinery...
MMO Announced the Chamber Technical Report on Controls of Rope Transport Systems
In its report published on May 24, the Chamber of Mechanical Engineers (MMO) published the technical report of the chamber on the controls of rope transportation systems, especially cable cars....
“Seismic Zone Calculations in Lifts” from EMO and EAYSAD
"Seismic Zone Calculations in Lifts" seminar was held by The Chamber of Electrical Engineers (EMO) and Association of Aegean Lift and Escalator Industrialists (EAYSAD) at EMO Izmir Branch by Serdar...
TASFED Opens Fourth Lift Academy in Gaziantep
TASFED opened the fourth Lift Academy, which it established within Gaziantep Abdülhamithan Vocational and Technical Anatolian High School, on May 31st with the leading members of the industry. After the...
AYSAD Holds Its 53rd General Assembly
The Elevator and Escalator Industrialists' Association (AYSAD) held its 53rd Ordinary General Assembly on June 3 at the Chamber of Mechanical Engineers' (MMO) Machinery-Hangar Engineering and Technology Center in Kartal....
Cem BozdaÄŸ Becomes the New President of TASFED
TASFED determined its new management at the General Assembly held on June 7. The Elevator Industrialists' Federation (ASFED), established in 2013 to act as the umbrella organization for elevator and...
U.K., U.S. Consultancies Join Forces to Expand Footprint
D2E International VT Consultants Ltd, based in London, and Connecticut-based My Elevator Service have agreed to partner to better meet the needs of their global clients and expand their geographical...
Hyundai Elevator To Participate in Paid-In Capital Increase for Subsidiary
Hyundai Elevator announced that it will participate in the paid-in capital increase of its subsidiary in Türkiye, Maeil Business Newspaper reports. Hyundai Elevator plans to invest $41 million in installments...
Binghatti Launches US$816-Million Tower in Dubai’s Business Bay
Construction Week reports that Dubai-based developer Binghatti has launched its latest project: a luxury residential tower called One by Binghatti situated in Dubai's Business Bay. Appearing to be roughly 60...
