THE MIDDLE EAST’S

22. Hassan Allam Holding
Co-CEOs: Hassan Allam; Amr Allam
Established: 1936
Country: Egypt
Hassan Allam Holding operates in the fields of engineering, construction, and infrastructure spaces with a workforce of over 50,000 people. In March 2024, it established its new regional headquarters in Riyadh. In November 2024, Hassan Allam Utilities, Masdar, and Infinity Power announced two power purchase agreements with the Egyptian Electricity Transmission Company to construct solar projects with a combined capacity of 1.2 gigawatts. In December 2024, HAU Energy, a subsidiary of Hassan Allam Utilities and ACWA Power, achieved financial close for the 1.1-gigawatt Suez Wind Farm in Egypt, the largest single-contracted wind farm in the Middle East.