Hassan Allam Holding to Sign USD 500M in Contracts in Saudi Arabia

Leading Egyptian construction company Hassan Allam Holding is set to sign USD 500 million in contracts to implement infrastructure development projects in Saudi Arabia. The company has made pre-agreements with key governmental agencies in the Kingdom in preparation for the finalisation of these agreements.

In 2024, Hassan Allam Holding has concluded new contracts worth USD 2 billion. The company is looking to expand further into Saudi, Emirati, Omani, and Iraqi markets. It is also set to expand its footprint in Egypt’s agricultural industry, and is in the process of developing a company for agricultural reclamation and export.