O
tis (NYSE: OTIS), the world’s leading elevator and escalator manufacturer, has won a major deal with Mountain View Real Estate Development to supply 265 Gen2® Prime elevators for three flagship residential projects in Egypt. The units will be installed in the Mountain View 1.1 extension and Mountain View iCity in New Cairo, and in iCity in 6th of October City. Each elevator will feature 4‑7 stops and premium stainless‑steel finishes on doors and cabins, reflecting Otis’s commitment to energy‑efficient, space‑saving design.

    The partnership underscores Mountain View’s goal of creating innovative, happiness‑focused urban communities while leveraging Otis’s advanced technology to raise living standards across the Egyptian real‑estate market. By adding these 265 units to its global portfolio of roughly 2.4 million customer units, Otis strengthens its foothold in a rapidly expanding regional market and secures a stable revenue stream from a leading local developer.

    Mountain View, founded in 2005, has built more than 20 integrated communities in Cairo and along the Red Sea and Mediterranean coasts. Its vision—“bringing life to land and spreading happiness”—aligns with Otis’s mission to provide reliable, high‑performance vertical transportation that enhances everyday life. The Gen2® Prime elevators, known for their durability and sleek aesthetics, will support Mountain View’s sustainable, futuristic projects and help shape Egypt’s modern residential landscape.