Egypt's Hassan Allam has won a $727 million contract to build a Waldorf Astoria hotel and superblock at Saudi Arabia's Diriyah giga-project.
EGYPT · BUSINESS
Key Facts
—$727 million: Hassan Allam has won a contract to build at Saudi Arabia’s Diriyah giga-project.
—The job: A Waldorf Astoria hotel and a mixed-use “superblock” near Riyadh.
—An Egyptian export: The deal sends one of Egypt’s biggest builders into the Gulf’s flagship developments.
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