Egypt's CBE offers EGP 3.5b in fixed coupon t-bonds    India set to secure 'long-term arrangement' for Iranian Chabahar port    UAE's Emirates airline profit hits $4.7b in '23    US dollar holds steady as markets await key inflation data    Empowering Egypt's economy: IFC, World Bank spearhead private sector growth, development initiatives    Egypt expresses solidarity with South Africa's legal action against Israel at ICJ    QatarEnergy acquires stake in 2 Egyptian offshore gas exploration blocks    Al-Sisi inaugurates restored Sayyida Zainab Mosque, reveals plan to develop historic mosques    Shell Egypt hosts discovery session for university students to fuel participation in Shell Eco-marathon 2025    UNICEF calls for increased child-focused climate investments in drought-stricken Zimbabwe    WHO warns of foodborne disease risk in Kenya amidst flooding    CBE sets new security protocols for ATM replenishment, money transport services    S. Korea plans $7.3b support package for chip industry – FinMin    SoftBank's Arm to develop AI chips by 2025    Hurghada ranks third in TripAdvisor's Nature Destinations – World    Elevated blood sugar levels at gestational diabetes onset may pose risks to mothers, infants    President Al-Sisi hosts leader of Indian Bohra community    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Hassan Allam Holding expands its international operations with new regional headquarters in Riyadh
Published in Daily News Egypt on 04 - 03 - 2024

Hassan Allam Holding, a leading construction and engineering group in Egypt, has inaugurated its new regional headquarters in Saudi Arabia, as part of its strategic plan to grow its presence across the Middle East and Africa. The launch marks a significant milestone in the Group's international journey, which now covers more than 10 countries, including the United Arab Emirates, Oman, Libya, Jordan, and Algeria.
The Group has a long history of operating in Saudi Arabia, dating back to 1976, and has successfully delivered complex infrastructure projects, established strong partnerships, and adapted to the local market.
Hassan Allam, CEO of Hassan Allam Holding, said: "This strategic move is a major step forward for us and reinforces our position as a regional leader. With a backlog of over USD 5.5 billion, of which 30% is from international markets, the launch of our Regional Headquarters in Riyadh is a key step in streamlining our international operations."
Amr Allam, Co-CEO of Hassan Allam Holding, added: "The Regional Headquarters in Riyadh is a pivotal moment in our journey and will play an important role in guiding our international activities across the Middle East and Africa, both in construction and in investment and development. We are ready to use this platform to achieve sustainable growth and build lasting relationships."
The Regional Headquarters will oversee the Group's international operations in some of the markets and will be responsible for strategic planning, business development, and various corporate functions related to the Group's international endeavors. These functions include human resources, corporate communications, accounting and financial reporting, budgeting and financial planning, treasury and financing, IT services and support, as well as governance and compliance.


Clic here to read the story from its source.