Saudi Arabia
TKE and Alat Successfully Close KSA Partnership and JV
TK Elevator (TKE), headquartered in Dusseldorf, Germany, and Alat, a Saudi Public Investment Fund (PIF), successfully closed a strategic partnership investment and EUR160-million (US$184.6-million) joint venture (JV), TKE announced on...
Multi-Billion Dollar Tech District Unveiled in Saudi Arabia
Pulse Wadi, a 600,000-m2, AED12.1-billion (US$3.2-billion) technology and cybersecurity district including multiple towers, has been unveiled on the outskirts of Riyadh, Saudi Arabia, the Council on Tall Buildings and Urban Habitat reports....
Atlas Elevators Acquires 11,250 M² in Riyadh Expansion
Atlas National Elevators Factory Co., a 99%-owned subsidiary of Atlas Elevators General Trading and Contracting Co., acquired usufruct rights — allowing it to use and benefit from property while ownership...
TKE Official Elevator Partner of World Stadiums and Arenas Summit
Ahead of the April 29-30 event at the Mandarin Oriental Al Faisaliah in Riyadh, Saudi Arabia, organizers of the World Stadiums and Arenas Summit announced TK Elevator (TKE) as the...
Riyadh Metro Station With 63 VT Units Starts Operations
The seven-story, 40-m-deep Riyadh Metro Qasr Al Hokm Downtown Station in Riyadh, Saudi Arabia, has begun operations, linking the Metro's Orange and Blue lines and the bus network, Tunnels & Tunneling is...
Atlas Elevators Signs Contract With FUJIHD
Atlas Elevators General Trading and Contracting Co. signed an exclusive contract with elevator supplier FUJIHD, on January 12, argaam reports. Both companies are based in Saudi-Arabia. The five-year contract makes Atlas Elevators...
KONE Contract at Saudi Arabia’s KFIA Includes 86 Units
KONE has won an order to provide a suite of transportation solutions for the modernization of King Fahd International Airport (KFIA) in Dammam, Saudi Arabia, also known as Dammam International...
Mayar Inks Agreement With China’s Shenyang Yuanda
Riyadh, Saudi Arabia-headquartered Mayar Holding Co. subsidiary Gulf Elevators & Escalators Co. signed a partnership agreement with China's Shenyang Yuanda Intellectual Property Group Co., Tadawul reports. Under the agreement, Mayar will produce...
Saudi Arabia’s Atlas Elevators Signs Distribution Contract
Atlas Elevators General Trading and Contracting Co. signed a contract with Atlas Taiba Elevators Co. making Atlas Taiba an authorized distributor of Atlas Elevators products, Tadawul reports. Both companies are...
India’s Tectronics Engineers Sees Success at TES Dubai
Tectronics Engineers, one of India's fastest-growing companies, reports it saw success at The Elevator Show (TES) Dubai on September 16-18, receiving outstanding feedback from elevator industry professionals. Tectronics showcased its...
