Arab Finance: Egypt's Hassan Allam Holding has launched its regional headquarters (HQ) in Riyadh, Saudi Arabia, as per an emailed press release to Arab Finance.

With operations spanning more than 10 countries, including Egypt, Saudi Arabia, the UAE, Oman, Libya, Jordan, and Algeria, Hassan Allam Holding is poised for further expansion with additional countries in the pipeline.

The newly established Saudi HQ will serve as a center for the group's international endeavors, overseeing strategic planning, business development, and the management of various corporate functions tailored to the demands of global operations.

These functions encompass 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.

"We are proud of this strategic move as it marks a significant step forward and solidifies our position as a leader in the region. With a backlog exceeding $5.5 billion and the international portion compromising 30% of it, the launch of our Regional Headquarters in Riyadh signifies a monumental step towards consolidating our international operations," CEO Hassan Allam stated. 

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