Al Eqbal Real Estate Development signed an agreement with Mitsulift Group, a Joint-Venture with Mitsubishi Electric Corporation-Japan, the regional leader in elevators, escalators and building moving systems,for The Ritz-Carlton Hotel and Residences, Amman, to install and maintain 20 elevators. The units are expected to be installed by the end of 2019.

The agreement was signed in Tokyo, Japan by Mr. Tawfiq Fakhouri, Executive Chairman of Al Eqbal Real Estate Development Company and Mr. Karim Abillama, Chairman and CEO of Mitsulift Group.  The signing was attended by senior representatives from both companies.

“We are delighted to partner with such a renowned brand in the industrywith a long historyin elevators and escalators to deliver world-class mixed-use properties for our stakeholders, including future residents, hotel guests and visitors,” Mr. Fakhouri stated.

Karim Abillama added: “We are proud to partner with Al Eqbal Real Estate Development Companyand its prestigious project, The Ritz-Carlton Hotel and Residences in Amman, which will bring a new level of luxury to the hospitality offering in the city.” 

About Mitsulift Group
Mitsulift is a joint venture with Mitsubishi Electric Corporation and a regional leader specializing in the sales, installation and after sales services of elevators, escalators and other building moving systems. It is headquartered in Beirut, Lebanon, with full-fledged operations in seven other countries in the Levant, Europe and West Africa. The company employs about 500 employees and services more than 5,200 elevators and other conveying systems.