ALKAN Holding

Alkan Networks Alkan Telecom
Quality Standards Information Technology (QSIT)
Esri Northeast Africa

Alkan Medical EIM

Almatex

Alkan Real Estate Development Cairo Financial Center (CFC)

citadel plaza

Alkan Air Bus Travel

History






With the start of the year 1974, Mr. Mohamed Mahmoud Nosseir, a young Egyptian businessman, founded a group of companies that he named Alkan Group. Within the thirty years to follow, the Alkan Group grew to become one of Egypt's leading private sector groups involved in a broad range of economic activities. In 1999, Mr. Nosseir established a holding company, namely Alkan Investment, as an Egyptian joint stock company. In 2004, the name of this holding company has been changed to Alkan Holding.


With the aim of uniting Alkan Group of Companies under one holding legal entity, replacing the private ownership by a solid corporate structure , grouping subsidiaries by business sector, Alkan Holding was founded to supervise and follow up the management teams of each group member, in addition to investing in the stock market. The legal purpose of the company is to establish companies, contribute in its capital and invest in marketable securities.


The interests and activities of Alkan Group are diversified yet complementing each other. Alkan Group is successfully operating in a wide range of business lines, covering a variety of business activities.


The scale and depth of the group activities and resources have endowed it with a unique flexibility that enables it to be proactive in coping with the economic and social changes. Today the majority owned member companies of Alkan Group employ over 3,000 employees. The annual turnover of the group exceeds L.E. 1.5 billion, the total assets exceed L.E. 1.4 billion and the total equity exceeds L.E. 700 million.

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