KONE designs, manufactures, installs, maintains, and modernizes elevators, escalators and automatic building doors for buildings worldwide. Its products move people and goods between floors in residential, commercial, and public spaces, enabling vertical transportation and safe access. Revenue comes from selling new equipment and from long-term service contracts for ongoing maintenance and modernization, creating both upfront and recurring income. What sets KONE apart is its ability to provide end-to-end solutions and a global service network, a strong emphasis on energy efficiency and sustainable design, and a broad portfolio that covers equipment, modernization, and door systems. The company’s goal is to support urban development by delivering reliable, energy-efficient vertical transportation and access solutions that improve people flow in modern buildings.
Company Size
10,001+
Company Stage
IPO
Headquarters
Espoo, Finland
Founded
1910
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KONE to enable one of the world's longest single elevator journeys at Dubai's Burj Azizi. News Break Middle East is proud to support Azizi Developments with solutions designed to help residents, guests and visitors move smoothly, safely and efficiently throughout the tower" - Hady Nemr, Managing Director, KONE UAE DUBAI, UNITED ARAB EMIRATES, October 1, 2026 / EINPresswire.com / - KONE Corporation, a global leader in the elevator and escalator industry, has been selected to deliver advanced People Flow(TM) solutions for Burj Azizi, a landmark development in Dubai that is planned to reach a height of 725 meters upon completion. Set to become one of the world's tallest buildings, the project will feature one of the world's longest single elevator journeys, spanning approximately 631.5 meters, further reinforcing Dubai's position at the forefront of ambitious high-rise development. Developed by Azizi Developments, Burj Azizi will bring residential, commercial and leisure spaces together within one of Dubai's most ambitious super-tall developments. The tower is planned to feature a range of landmark attractions, including an observation deck, hotel lobby, and restaurant, many of which are expected to rank among the highest of their kind globally, creating a multi-use destination where efficient, safe and reliable movement will be central to the overall experience. The partnership was formalized during a signing ceremony in Dubai attended by senior representatives from Azizi Developments and KONE. The project reflects the growing importance of advanced vertical mobility as Dubai continues to develop upwards and redefine what is possible in the built environment. As buildings become taller and more complex, conventional high-rise elevator systems face challenges related to the weight and movement of travelling cables, building sway, passenger demand and energy efficiency. KONE's High-Rise Solutions offering brings together lighter, smarter technologies designed to address these challenges while supporting safe, reliable and energy-efficient vertical travel over greater distances. "Projects such as Burj Azizi demonstrate how the role of vertical mobility extends far beyond moving people from one floor to another. In a multi-use development of this scale, efficient people flow is fundamental to the overall building experience. We are proud to support Azizi Developments with solutions designed to help residents, guests and visitors move smoothly, safely and efficiently throughout the tower," said Hady Nemr, Managing Director, KONE UAE. KONE's order comprises 59 elevators and 15 escalators, with elevator speeds of up to 10 meters per second. The solutions form part of KONE's High-Rise Solutions offering, launched to support world-record elevator travel heights and buildings reaching well past the one-kilometer mark. The offering brings together technologies designed to enable reliable, safe and efficient elevator travel at exceptional heights. The project incorporates several technologies developed to address the demands of a super-tall, multi-use development. KONE's AI-enabled Destination Control System learns from traffic patterns and adapts elevator availability according to demand. Simulations show around 60% shorter waiting times during peak traffic, while optimized elevator operation also helps reduce unnecessary energy use. The solution also incorporates advanced hoisting technologies designed to support exceptional travel distances. UMX hoisting machinery and KONE UltraRope (R) make key elevator equipment lighter and more compact, while electromechanical safety and battery technologies support more resilient elevator operation. Together, these technologies reduce the moving mass in the elevator system, enabling longer travel distances with lower energy and material requirements. In addition, KONE MiniSpace(TM) DoubleDeck elevators will increase passenger capacity while using fewer elevator shafts, helping optimize space within the tower while supporting the efficient use of space across its residential, commercial and leisure areas. "Burj Azizi represents the kind of project that challenges the vertical mobility industry to continuously advance what is possible. Across the Middle East, Türkiye and Africa, we are seeing growing demand for increasingly ambitious high-rise developments that require advanced people flow solutions, deep technical expertise and close collaboration between partners. By combining our high-rise expertise with advanced technologies and strong customer partnerships, we are helping deliver smooth and efficient people flow throughout the development while maintaining the highest standards of safety, reliability and operational efficiency," said Loay Dajani, Managing Director, KONE Middle East Türkiye & Africa. "Burj Azizi represents a defining moment in Dubai's architectural history, a 725-meter monument to engineering audacity and human ambition. KONE's unmatched legacy in supertall structures, paired with its record-breaking single-travel elevator technology, ensures that every journey within Burj Azizi is as seamless, sustainable, and world-class as the tower itself. This partnership reflects our relentless pursuit of quality and excellence as we build an enduring legacy for the city we call home and the world at large." said Mr. Farhad Azizi, Group CEO, Azizi Group. KONE's involvement in Burj Azizi builds on its long-standing relationship with Azizi Developments and reflects a shared commitment to supporting Dubai's continued evolution through innovation, advanced infrastructure and world-class urban development. The tower is being developed by Azizi Developments, with Gardinia Building Contracting, a subsidiary of Azizi Developments, serving as the main contractor and AE7 as the lead consultant. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. News Break Middle East do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
KONE to enable one of the world's longest single elevator journeys at Dubai's Burj Azizi. We are proud to support Azizi Developments with solutions designed to help residents, guests and visitors move smoothly, safely and efficiently throughout the tower" - Hady Nemr, Managing Director, KONE UAE DUBAI, UNITED ARAB EMIRATES, October 1, 2026 / EINPresswire.com / - KONE Corporation, a global leader in the elevator and escalator industry, has been selected to deliver advanced People Flow(TM) solutions for Burj Azizi, a landmark development in Dubai that is planned to reach a height of 725 meters upon completion. Set to become one of the world's tallest buildings, the project will feature one of the world's longest single elevator journeys, spanning approximately 631.5 meters, further reinforcing Dubai's position at the forefront of ambitious high-rise development. Developed by Azizi Developments, Burj Azizi will bring residential, commercial and leisure spaces together within one of Dubai's most ambitious super-tall developments. The tower is planned to feature a range of landmark attractions, including an observation deck, hotel lobby, and restaurant, many of which are expected to rank among the highest of their kind globally, creating a multi-use destination where efficient, safe and reliable movement will be central to the overall experience. The partnership was formalized during a signing ceremony in Dubai attended by senior representatives from Azizi Developments and KONE. The project reflects the growing importance of advanced vertical mobility as Dubai continues to develop upwards and redefine what is possible in the built environment. As buildings become taller and more complex, conventional high-rise elevator systems face challenges related to the weight and movement of travelling cables, building sway, passenger demand and energy efficiency. KONE's High-Rise Solutions offering brings together lighter, smarter technologies designed to address these challenges while supporting safe, reliable and energy-efficient vertical travel over greater distances. "Projects such as Burj Azizi demonstrate how the role of vertical mobility extends far beyond moving people from one floor to another. In a multi-use development of this scale, efficient people flow is fundamental to the overall building experience. We are proud to support Azizi Developments with solutions designed to help residents, guests and visitors move smoothly, safely and efficiently throughout the tower," said Hady Nemr, Managing Director, KONE UAE. KONE's order comprises 59 elevators and 15 escalators, with elevator speeds of up to 10 meters per second. The solutions form part of KONE's High-Rise Solutions offering, launched to support world-record elevator travel heights and buildings reaching well past the one-kilometer mark. The offering brings together technologies designed to enable reliable, safe and efficient elevator travel at exceptional heights. The project incorporates several technologies developed to address the demands of a super-tall, multi-use development. KONE's AI-enabled Destination Control System learns from traffic patterns and adapts elevator availability according to demand. Simulations show around 60% shorter waiting times during peak traffic, while optimized elevator operation also helps reduce unnecessary energy use. The solution also incorporates advanced hoisting technologies designed to support exceptional travel distances. UMX hoisting machinery and KONE UltraRope (R) make key elevator equipment lighter and more compact, while electromechanical safety and battery technologies support more resilient elevator operation. Together, these technologies reduce the moving mass in the elevator system, enabling longer travel distances with lower energy and material requirements. In addition, KONE MiniSpace(TM) DoubleDeck elevators will increase passenger capacity while using fewer elevator shafts, helping optimize space within the tower while supporting the efficient use of space across its residential, commercial and leisure areas. "Burj Azizi represents the kind of project that challenges the vertical mobility industry to continuously advance what is possible. Across the Middle East, Türkiye and Africa, we are seeing growing demand for increasingly ambitious high-rise developments that require advanced people flow solutions, deep technical expertise and close collaboration between partners. By combining our high-rise expertise with advanced technologies and strong customer partnerships, we are helping deliver smooth and efficient people flow throughout the development while maintaining the highest standards of safety, reliability and operational efficiency," said Loay Dajani, Managing Director, KONE Middle East Türkiye & Africa. "Burj Azizi represents a defining moment in Dubai's architectural history, a 725-meter monument to engineering audacity and human ambition. KONE's unmatched legacy in supertall structures, paired with its record-breaking single-travel elevator technology, ensures that every journey within Burj Azizi is as seamless, sustainable, and world-class as the tower itself. This partnership reflects our relentless pursuit of quality and excellence as we build an enduring legacy for the city we call home and the world at large." said Mr. Farhad Azizi, Group CEO, Azizi Group. KONE's involvement in Burj Azizi builds on its long-standing relationship with Azizi Developments and reflects a shared commitment to supporting Dubai's continued evolution through innovation, advanced infrastructure and world-class urban development. The tower is being developed by Azizi Developments, with Gardinia Building Contracting, a subsidiary of Azizi Developments, serving as the main contractor and AE7 as the lead consultant. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
KONE India expands with a new office in Jabalpur. Aug 22, 2026 - 11:50 KONE India has inaugurated its new office in Jabalpur, strengthening its presence and customer reach across Central Madhya Pradesh. The office will serve customers across Rewa, Satna, Singrauli and Katni, while expanding KONE's presence into emerging markets such as Shahdol and Seoni. It will provide local sales, service and installation support, enabling KONE to respond smoothly to the evolving needs of customers in the region. Speaking at the inauguration, Amit Gossain, Managing Director, KONE India, said, "Jabalpur is an important market for us, and this new office brings us closer to our customers in the area. As the region continues to grow, we look forward to bringing KONE's technology and service capabilities across Madhya Pradesh. We are committed to providing smart and sustainable People Flow solutions." KONE has already delivered several landmark projects in the region, including Hotel ITC Welcome, Hotel Park Inn by Radisson, Hotel Shawn Eliza, Hotel Vijan Mahal, Vitevar Grand, K.A. Mall, Shayam Shah Medical College REWA, Mangalam Tower, Jamdar Hospital, Rajul Builders, Kachnar Group, Aditya Hopsital, Jabalpur Hospital and Parwani Builders. The inauguration marks another step in KONE's continued growth in markets across India.
(C) 2026 maritime global network · A maritime information systems property · since 1995. Maritime Industry Briefing: limited news flow as editors monitor developing stories. By MGN Editorial - August 2, 2026 at 06:00 AM This edition's briefing notes a gap in substantive maritime-specific news from current feed sources, with available wire content falling outside core industry coverage areas. ## Maritime Industry Briefing *Editorial Note* In this briefing cycle, available RSS feed content does not yield substantive maritime industry news suitable for professional publication. The sole item received - a press release from elevator and escalator manufacturer KONE regarding an expanded customer service centre in Saudi Arabia - does not carry direct relevance to the maritime sector, including shipping, ports, offshore energy, shipbuilding, or marine regulation. While Saudi Arabia remains a strategically significant market for maritime trade and energy logistics, particularly given its position as a major crude oil exporter and the ongoing development of NEOM and Red Sea port infrastructure, the KONE announcement pertains exclusively to building services technology and customer support operations for its domestic facilities business. ### What to Watch Maritime professionals operating in the region may wish to monitor the following broader developments as context for the Gulf market: - **Red Sea trade disruption**: Ongoing Houthi activity in the Red Sea continues to affect vessel routing and insurance premiums on Asia-Europe trade lanes. - **Saudi port expansion**: The Saudi Ports Authority (Mawani) continues to advance capacity investments at Jeddah Islamic Port and King Abdulaziz Port, Dammam, as part of Vision 2030 logistics targets. - **LNG and energy shipping**: Regional demand for LNG bunkering infrastructure is growing in line with decarbonisation commitments across Gulf state-owned fleets. This briefing will be updated as substantive maritime news becomes available through monitored sources. * - The Editorial Desk* #maritime briefing #Red Sea #Saudi Arabia #Gulf shipping #port development
KONE Egypt strengthens customer experience through digital innovation. Business · AUG 1, 2026 PR Newswire The introduction of myKONE makes project delivery more transparent, connected and effortless, reinforcing KONE's customer-first approach. CAIRO, Aug. 2, 2... The introduction of myKONE makes project delivery more transparent, connected and effortless, reinforcing KONE's customer-first approach. CAIRO, Aug. 2, 2026 /PRNewswire/ - As digital transformation reshapes the construction industry, the way customers experience projects is evolving. Transparency, easy access to project information and seamless collaboration are becoming essential elements of successful project delivery. At KONE, customer experience has always been central to how the company works with its customers. Today, digital innovation is creating new opportunities to further enhance the customer experience by making every stage of the project journey more connected, transparent and effortless. Guided by this vision, KONE Egypt, a global leader in the elevator and escalator industry, has introduced myKONE, a digital customer portal that enhances collaboration and gives customers greater visibility throughout project delivery. The introduction reflects KONE's ambition to combine engineering excellence with digital innovation, making it easier for customers to do business with KONE while delivering an even stronger customer experience. At KONE, customer experience is built long before a project is completed. It is shaped through every interaction, every commitment and every milestone along the customer journey. Building trust, keeping customers informed and enabling close collaboration are fundamental to how KONE delivers projects. This philosophy continues to guide how the company develops its services and embraces digital innovation. myKONE brings that philosophy to life by giving customers a single digital gateway to their projects. Through the platform, customers can follow project progress from order confirmation through project delivery, monitor key milestones, receive email notifications when key project milestones are completed, access project information and stay connected with their KONE project team. By bringing essential project information together in one place, myKONE provides greater visibility, simplifies communication and helps customers stay informed and engaged throughout the project journey. "Our customers have always been at the heart of everything we do," said Ahmed Fathi, Managing Director of KONE Egypt. "As our customers' expectations continue to evolve, we're evolving with them. Digitalization gives us new opportunities to make project delivery more transparent, collaborative and connected, while strengthening the partnerships we build every day. myKONE is one example of how we're bringing this approach to life through a practical, everyday experience that makes it easier for customers to work with KONE." The introduction of myKONE supports KONE's Rise strategy by accelerating digitalization and reinforcing the company's customer-centric approach. As Egypt continues to invest in smarter buildings and modern infrastructure, KONE remains committed to bringing global innovations to the local market that create lasting value for customers. By combining engineering excellence with digital innovation, KONE is helping shape a future where outstanding project delivery is defined not only by the quality of the solutions installed, but also by the quality of the customer experience delivered throughout the journey. About KONE At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow(R). In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the year over 60,000 employees, in close to 70 countries. KONE Class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com About KONE Egypt: KONE was founded in 1910 in Finland and entered the Egyptian market in the early 1990s through local distributors, eventually establishing a direct presence in 1999 with the founding of KONE Egypt. Today, KONE Egypt is headquartered in Cairo, where it employs over 350 dedicated employees focused on providing high-quality elevator, escalator, and maintenance services. The company serves diverse clients across Egypt, from high-rise residential projects to large infrastructure developments. www.kone.eg Published by News Desk · WeeklyReviewer The WeeklyReviewer news desk monitors breaking developments around the clock - sourcing, verifying, and publishing real-time industry news across business, technology, politics, science, sports, and world affairs. Every story that comes through the Live Wire is reviewed for accuracy before publication, keeping our readers ahead of the curve without the noise.