{"id":616408,"date":"2024-03-05T00:00:00","date_gmt":"2024-03-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/05\/hassan-allam-group-sets-up-regional-hq-in-saudi-arabia\/"},"modified":"2024-03-05T00:00:00","modified_gmt":"2024-03-05T00:00:00","slug":"hassan-allam-group-sets-up-regional-hq-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/05\/hassan-allam-group-sets-up-regional-hq-in-saudi-arabia\/","title":{"rendered":"Hassan Allam Group sets up regional HQ in Saudi Arabia"},"content":{"rendered":"

Hassan Allam opens up Saudi HQ:<\/strong> Our friends at Hassan Allam Holding yesterdayinaugurated their regional headquarters in Riyadh after securing its investment license from the Saudi Investment Ministry, the group said in a statement (<\/a>pdf<\/a>)<\/a>. The new headquarters comes as part of the group\u2019s plan to expand across the Middle East and Africa.<\/p>\n

Based in the kingdom, but international in outlook: <\/strong>The new HQ will \u201cplay a critical role in steering [the company\u2019s] international activities across the Middle East and Africa, equally, on the construction as well as the investment and development aspects of [the] business,\u201d co-CEO Amr Allam said.<\/p>\n

Remember:<\/strong> The group\u2019s real estate arm Hassan Allam Properties earlier this week<\/a> inked anMoU with Saudi real estate player Sumou Holding to set up a JV to open up cross-border investments for the companies in Egypt and Saudi Arabia and to share expertise.<\/p>\n

Presence in over ten countries and counting:<\/strong> Hassan Allam Group operates in over tenmarkets, including Egypt, KSA, UAE, Oman, Libya, Jordan and Algeria, with plans to step foot into other countries in the region in the future, the company said.<\/p>\n

What they said:<\/strong> \u201cWith a backlog exceeding USD 5.5 bn and the international portioncompromising 30% of it, the launch of our regional headquarters in Riyadh signifies a monumental step towards consolidating our international operations,\u201d CEO Hassan Allam said.<\/p>\n

ALSO- The company is pursuing projects in the Emirates<\/strong> as part of its goal of doubling the size of its regional operations, Allam said separately<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The new HQ will monitor the group\u2019s international operations<\/p>\n","protected":false},"author":1,"featured_media":616409,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[72,890,3046,7111,219],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-616408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-enterpriseam","tag-hassan-allam-holding","tag-hassan-allam-properties","tag-infrastructure","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"529852c8-47dd-4ff8-baad-01458f7e5599","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/321.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Hassan Allam Group sets up regional HQ in Saudi Arabia","related_issue":[616399],"teaser":"The new HQ will monitor the group\u2019s international operations","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.af517495-66c1-4cac-bc81-974b3feff7df.mp3"},"yoast_head":"\nHassan Allam Group sets up regional HQ in Saudi Arabia - 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The MoU will see the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":659328,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/26\/hassan-allam-properties-midar-partner-with-saudis-sumou-for-cairo-hotel-and-entertainment-projects-totalling-usd-2-bn\/","url_meta":{"origin":616408,"position":2},"title":"Hassan Allam Properties, Midar partner with Saudi\u2019s Sumou for Cairo hotel and entertainment projects totalling USD 2 bn","author":"enterpriseam admin","date":"26 January 2025","format":false,"excerpt":"The investment targets hospitality and leisure projects","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1764.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550303,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/hassan-allam-oih-both-look-to-spend-big-for-a-foothold-in-regional-renewables\/","url_meta":{"origin":616408,"position":3},"title":"Hassan Allam + OIH both look to spend big for a foothold in regional renewables","author":"enterpriseam admin","date":"23 October 2022","format":false,"excerpt":"Local players eye regional renewables investments: Hassan Allam Holding and Masdar\u2019s green hydrogen joint venture could see investments of USD 10 bn in the next decade. Meanwhile, Orascom Investment Holding is eyeing a push into Moroccan renewables.Hassan Allam Holding and Emirati renewables player Masdar will invest some USD 10 bn\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/300.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662198,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/12\/another-hassan-allam-subsidiary-secures-neom-contract\/","url_meta":{"origin":616408,"position":4},"title":"Another Hassan Allam subsidiary secures Neom contract","author":"enterpriseam admin","date":"12 March 2025","format":false,"excerpt":"PLUS- Finance in Motion plans to invest USD 100 mn in Egypt this year","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/887.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600596,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/hassan-allam-taqa-complete-construction-of-egp-1-35-bn-benban-solar-plant\/","url_meta":{"origin":616408,"position":5},"title":"Hassan Allam, TAQA complete construction of EGP 1.35 bn Benban solar plant","author":"enterpriseam admin","date":"4 February 2019","format":false,"excerpt":"EXCLUSIVE- Hassan Allam-TAQA consortium to start operations this month at EGP 1.35 bn Benban solar plant: Hassan Allam Utilities and Qalaa Holdings subsidiary TAQA Arabia have completed construction on their EGP 1.35 bn, 50 MW solar power plant in Aswan\u2019s Benban complex, a source close to the matter told us.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/616408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=616408"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/616408\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/616399"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/616409"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=616408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=616408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=616408"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=616408"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=616408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}