Home » Egyptian mogul Hassan Allam’s Thales forges alliance for digital advancement in the Middle East

Egyptian mogul Hassan Allam’s Thales forges alliance for digital advancement in the Middle East

Thales and Hassan Allam Holding spearhead urban transformation with advanced tech integration

by Yusuf Abdulfatai
Hassan Allam

Hassan Allam Holding, the privately held engineering and construction firm led by Egyptian businessman Hassan Allam has teamed up with Thales, a global leader in technology solutions, for the development of digital platforms in Egypt and the Middle East region.

The latest agreement between Hassan Allam Holding and Thales inked at the Milipol 2023 trade show sets the stage for a transformative collaboration that aims to harness big data and artificial intelligence technologies.

Thales and Hassan Allam Holding spearhead Urban transformation with advanced tech integration

Thales, renowned for its cutting-edge supervision systems, and Hassan Allam Holding, under the leadership of Egyptian businessman Hassan Allam, plan to leverage each other’s strengths, emphasizing industrial complementarity to develop advanced digital platforms — these platforms, grounded in state-of-the-art big data and AI technologies, aspire to revolutionize urban landscapes by making cities not only smarter but also safer.

The partnership aligns with the collective vision of both entities to contribute to enhanced security in the region.  Makrem Dridi, vice president in charge of global security at Thales, commented on the potential impact of the collaboration, saying: “This long-lasting agreement will contribute to enhanced security in the region, thanks to the innovation provided by some of the most advanced products, solutions, and services on the market.”

Hassan Allam Holding’s pioneering role in construction, development, and beyond

Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries. With more than eight decades of experience, it is one of the largest privately held corporations in North Africa and the Middle East.

Led by visionary businessman Hassan Allam and his brother Amr Allam, the company has accumulated experience and expertise, exhibiting remarkable growth and a robust project execution record across various sectors, including residential, commercial, industrial, and infrastructure.

With a construction backlog exceeding $3 billion, Hassan Allam Holding has solidified its position as a major industry player, continually contributing to the region’s economic development by successfully delivering large-scale projects.

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