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About Mayar Holding Company

The company began its activity by establishing the “Gulf Elevators and Escalators Company Limited” in 1999 which considered the first factory in the Middle East to manufacture elevators and escalators in the industrial city of Jeddah - Kingdom of Saudi Arabia. As a result of the expansion of the company’s activities in most main cities within the Kingdom, GCC and neighboring countries, Mayar Holding Company was established - as a closed Saudi joint stock company - registered in the city of Riyadh in 2013. Then several companies were established under it to distribute the company’s activities in the elevator sector to keep due to the growth occurring in each activity. The company has continued to grow over the past 20 years by establishing several companies in several sectors, as well as entering strategic partnerships, in addition to acquiring several other companies in various industrial sectors.

Our Message

Constantly working to develop its business and products to satisfy customers, as well as entering several industrial investments, acquiring the largest market share in several fields, and raising the quality of its products and after-sales services.

Our Values

Because we are proud of our social values and our national identity, our administration pays great attention to its humanitarian and developmental duty towards society and the nation. Accordingly, the Board of Directors, represented by the Executive Management, sets annual and periodic plans to discuss ways to support the national bodies and authorities aiming morally and materially to contribute effectively to the development of society and the country in general to achieve the Kingdom’s vision 2030

Our Vision

For Mayar Holding Company to become one of the leading companies in the field of industrial investment in several industrial sectors in the Middle East and North Africa, through establishing industrial companies or acquiring existing industrial companies that provide high-quality products and services that exceed the expectations of their customers to build a long-term relationship with them.