Hassan Allam Holding, a distinguished privately-owned engineering and construction firm led by Egyptian entrepreneur Hassan Allam, has unveiled ambitious plans to establish a foothold in the United Arab Emirates.
The company’s construction arm, Hassan Allam Construction, is poised to inaugurate a new office in the UAE later this year, marking a significant milestone in Hassan Allam Holding’s strategy to extend its reach beyond the borders of Egypt and venture into new international markets.
The official announcement, conveyed via a formal statement, encapsulates the essence of this expansion endeavor, aptly titled, “From Egypt to the UAE: Building Boundless Horizons.” Hassan Allam Holding added that its vast expertise and well-established track record will advance the development of the UAE and the broader Middle East region.
This follows Hassan Allam Holding’s landmark agreement with the Uzbek government, solidifying its commitment to collaborate on a series of projects in the Central Asian nation.
Hassan Allam Holding has cultivated an impeccable reputation in an array of industries, including engineering, procurement, construction, building materials, and utilities, over its more than eight decades of operation. The firm stands as one of the largest privately-owned corporations in North Africa and the Middle East.
Guided by the visionary leadership of Hassan Allam and his brother Amr Allam, the company, boasting a construction backlog exceeding $3 billion, has consistently held a prominent position in the industry. It has contributed significantly to the region’s economic development through the successful execution of large-scale projects.
The expansion into the UAE marks a momentous leap towards achieving global recognition in the construction sector. Hassan Allam Holding sees a natural synergy between its visionary goals and execution capabilities and the dynamic business environment of the UAE, presenting boundless opportunities and the potential for monumental achievements.
As part of its broader regional expansion strategy, Hassan Allam Holding’s subsidiary, Hassan Allam Utilities, joined forces with Kuwaiti enterprise Agility Public Warehousing Company earlier in 2023, giving rise to Yanmu, a joint venture dedicated to facilitating the development, construction, and operation of logistics parks and Grade A warehousing facilities in Egypt.
This strategic partnership exemplifies the group’s commitment to delivering cutting-edge solutions across various sectors, including logistics and infrastructure. The expansion into the UAE underscores the company’s dedication to growth and innovation, positioning it as a pivotal player in the region’s construction and infrastructure development landscape.
