Based in Cairo, Egypt, Hassan Allam Holding, a prominent group in construction, engineering, and investment and development, has announced the inauguration of its regional headquarters in Saudi Arabia, Invest-Gate reports.
This milestone marks a significant achievement in the Group’s international expansion, demonstrating its commitment to growing its presence across the Middle East and Africa while maintaining strong ties to Egypt.
Hassan Allam Holding now operates in over 10 countries, including Egypt, Saudi Arabia, the United Arab Emirates, Oman, Libya, Jordan, and Algeria. The Group also has plans to launch activities in additional countries in the near future.
With a history dating back to 1976 in Saudi Arabia, Hassan Allam has proven expertise in delivering complex infrastructure projects, establishing valuable partnerships, and navigating the Saudi market.
Hassan Allam, CEO of Hassan Allam Holding, expressed pride in this strategic move, emphasizing its significance in solidifying the Group’s position as a regional leader. With a backlog exceeding $5.5 bn, of which 30% is international, the establishment of the regional headquarters in Riyadh is a monumental step towards consolidating their international operations.
Amr Allam, Co-CEO of Hassan Allam Holding, commented on the inauguration of the regional headquarters, recognizing it as a pivotal moment in their journey. He highlighted the critical role it will play in driving their international activities throughout the Middle East and Africa, encompassing both construction and investment and development aspects of their business. The Group is poised to leverage this platform to foster sustainable growth and forge enduring partnerships.
The regional headquarters will oversee the Group’s international operations, focusing on specific international markets. This responsibility includes strategic planning, business development, and the management of various corporate functions related to the Group’s international endeavors.