LEADING global elevator company Schindler Group has raised its profile in the Middle East with high-visibility contracts for its leading mobility solutions in Saudi Arabia, the UAE and Qatar.

A LEADING technology research and advisory company has in its report forecast the elevators and escalators market in Saudi Arabia will grow at a CAGR (compound annual growth rate) of 6.9 per cent over the period 2012-2016.

OTIS Elevator Company has launched a new residential Gen2 elevator that is simpler to install, sustainable to operate, and is powered by a battery when the power fails. The Gen2 Switch elevator, as it is called, eliminates the need for three-phase power and is solar-power capable.