The company was founded in 1936 and has since been responsible for numerous lucrative real estate ventures, as well as expanding its reach to the Middle East. In the late 1990s, the company played a role in Egypt's economic reform and, in 1996, brought on board a new team of highly experienced engineers and experts. In 2015, the company received its ISO certification and, more recently, the First Class Merit Medal for successfully implementing Al Merghany Bridge.

Hassan Allam is a key player in supporting the reform of the state's economic program and the development of the national economy. It has implemented many hospitals, hotels, civil and tourist buildings, power and sanitation stations, water networks, roads, airports, and other facilities that have helped to improve the economic situation in Egypt. Hassan Allam's commitment to supporting economic development makes it an essential partner in Egypt's growth and prosperity.