DELVE INTO AFRICAN WEALTH
DON'T MISS A BEAT
Subscribe now
Skip to content

Businessman Hassan Allam bags another irrigation project from Egyptian authorities

This comes a month after Egypt awarded Allam’s company a $220-million infrastructural deal.

Businessman Hassan Allam bags another irrigation project from Egyptian authorities

Table of Contents

The Egyptian authorities have again awarded Hassan Allam Holding a contract to build new facilities to pump Nile water from Mostakbal Misr, Afrik 21 reported.

This comes a month after Egypt awarded the company a $220-million infrastructural deal to construct two stations and four bridges as part of a high-speed train project.

The latest project aims to restore agricultural land in New Valley by pumping 7 million cubic meters of water into the area.

The deal further includes the construction of 10 tunnel crossings under El Khatatba, Manshiat El Kanater, El Riiah El Behairy Canal, El-Manashy Railway and El Riiah El Nassery Canal.

According to Hassan Allam Holding, the “new project is part of Egypt’s ambitious plans to cultivate and reclaim large tracts of land in the New Delta region of Egypt’s Western Desert to expand the country’s agricultural footprint.”

Earlier, its subsidiary, Hassan Allam Construction, was awarded a contract to build a water intake on the Nile at Mostakbal Misr.

In August, the Egyptian government awarded Hassan Allam Construction a deal to build irrigation networks in Toshka in the New Valley Governorate. The deal involved laying 265 kilometers of irrigation networks to water crops for smallholder farmers in the region.

The company is one of the largest privately owned corporations in Egypt, the Middle East and North Africa, with more than 80 years of experience.

Hassan Allam leads the conglomerate as its co-CEO.

The company has over 15 subsidiaries operating under three divisions — engineering and construction, engineering and construction, and alternative energy and utilities.

The intelligence satisfies curiosity. The paid briefings satisfy strategy.

Every Monday, Elite subscribers receive an Investor Memo breaking down the deal, the structure and the positioning behind the week's most consequential African wealth story - the kind of analysis that doesn't appear anywhere else.

Twice a month, a Wealth Intelligence brief profiles a single billionaire's holdings, cash flows and expansion pipeline in detail no public source matches.

Executive ($25/mo): Daily newsletter + Deep-Dive Reports

Elite ($75/mo): Everything above + Investor Memos + Wealth Intelligence + Quarterly Analyst Briefings

Subscribe now

Latest

African Wealth Briefing — Sat., May 2, 2026

African Wealth Briefing — Sat., May 2, 2026

Yérim Sow's Bridge Bank moves into Guinea Conakry, Ralph Mupita takes home a record R99 million as MTN credits Nigeria for its strongest year in decades, and Ibrahim Mahama pays the first $2 million of his $5 million Black Stars pledge.

Members Public