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EETC, Infinity-Hassan Allam consortium signs complementary deals for 1.2 GW solar projects

The Egyptian Electricity Transmission Company (EETC) and the Infinity-Hassan Allam consortium signed the complementary agreements to establish two solar power projects and two interconnected battery storage plants with a total capacity of 1,200 megawatts and 720 megawatt-hour of battery storage capacity.

Updated 11/4/2025 7:07:00 AM
Egypt allocates 20-sqm for 900-MW solar power plant in New Valley

Egypt has allocated 20 square kilometers in the oases of New Valley to an alliance comprising Masdar, Infinity Power, and Hassan Allam to construct a 900-megawatt solar power plant.

Updated 2/10/2025 10:03:00 AM
AD Ports awards Hassan Allam Construction deal for new terminal in Egypt

AD Ports Group appointed Hassan Allam Construction, Hassan Allam Holding’s flagship subsidiary, to develop the infrastructure of Noatum Ports - Safaga Terminal in Egypt

Updated 12/19/2024 9:10:00 AM
Hassan Allam Utilities, Defaf partner to boost logistics infrastructure in Saudi Arabia

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, has inked a strategic partnership with Defaf United for Logistics, a subsidiary of Nesma Holding.

Updated 12/10/2024 11:54:00 AM
Arab Contractors, Hassan Allam alliance secures €363M Raml Tram rehabilitation project in Alexandria

The consortium of Arab Contractors and Hassan Allam has been awarded a contract to rehabilitate and develop the Raml Tram project in Alexandria, with an estimated cost of €363 million.

Updated 11/24/2024 2:12:00 AM
EETC collaborates with Masdar’s consortium to build new solar energy projects

Egyptian Electricity Transmission Company (EETC) and a consortium comprising UAE’s Masdar, Egypt's Infinity, and Hassan Allam signed two agreements.

Updated 11/21/2024 3:39:00 AM
ODE sells prime land in El Gouna to Hassan Allam Properties for $37.4M

Orascom Development Egypt (ODE) has finalized the sale of a 110,000-square-meter land plot in El Gouna to Hassan Allam Properties for $37.4 million.

Updated 11/12/2024 9:48:00 AM
Hassan Allam Properties spends EGP 5B on construction in 2024

Hassan Allam Properties (HAP) invested up to EGP 5 billion in real estate projects in Egypt in 2024.

Updated 9/17/2024 2:32:00 AM
Badawi discusses collaboration with Infinity Solar, Hassan Allam on energy efficiency projects

Minister of Petroleum and Mineral Resources Karim Badawi met with Chairman of Infinity Solar Mohamed Mansour and Co-CEO of Hassan Allam Group Amr Hassan Allam to explore cooperation in the oil and gas sector.

Updated 9/9/2024 10:18:00 AM
Adeer International, Hassan Allam Properties to build mixed-use project in East Cairo

The real estate solutions provider Adeer International has signed an agreement with Hassan Allam Properties (HAP) to develop the first mixed-use residential, commercial, and administrative project in East Cairo.

Updated 7/8/2024 7:46:00 AM
Egypt inks $33B green ammonia deals with European developers

The Sovereign Fund of Egypt (TSFE) has signed four agreements worth a total of $33 billion with European developers for the production of green ammonia.

Updated 7/1/2024 12:18:00 PM
Egypt inks deal for $10B wind farm in Sohag

Prime Minister Mostafa Madbouly has witnessed the signing of a land allocation agreement to for the construction of a 10-gigawatt wind farm in Sohag, with over $10 billion in direct foreign investment (FDI).

Updated 5/15/2024 1:09:00 AM
EBRD, Meridiam, Hassan Allam Utilities partner to drive green investments in Egypt

The European Bank for Reconstruction and Development (EBRD), Meridiam, and Hassan Allam Utilities (HAU) are teaming up to drive green investments in Egypt via raising capital in HAU Energy BV.

Updated 4/7/2024 9:33:00 AM
Hassan Allam Properties to launch EGP 35B project in Mostakbal City

Hassan Allam Properties (HAP) has acquired a new land plot at MIDAR’s Mostakbal City for a mixed-use development project in East Cairo.

Updated 3/14/2024 8:31:00 AM
EBRD to invest $75M in Hassan Allam Utilities’ green projects

The European Bank for Reconstruction and Development (EBRD) will provide an equity investment of up to $75 million in HAU Energy BV, the funding arm of Hassan Allam Utilities (HAU).

Updated 1/22/2024 7:50:00 AM
Masdar-led alliance seeks consultant for $10B wind farm project in Egypt

The consortium led by UAE’s Masdar and comprised Infinity Power and Hassan Allam Utilities is in talks with four international consulting offices competing for the advisory work of its 10-gigawatts wind farm project.

Updated 6/18/2023 8:45:00 AM
Beltone Leasing seals EGP 500M sale-and-leaseback deal with Hassan Allam Properties

Beltone Leasing, a subsidiary of Beltone Financial Holding, has sealed an EGP 500 million sale-and-leaseback agreement with Hassan Allam Properties Group (HAP).

Updated 6/1/2023 10:27:00 AM
Hassan Allam Utilities, Kuwaiti Agility form JV to build logistics parks in Egypt

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, and the Kuwaiti warehousing firm Agility have formed YANMU, a joint venture (JV), to develop, build, and operate modern logistics parks and grade A warehousing facilities in Egypt

Updated 3/14/2023 2:18:00 AM