• 7 COUNTRIES

    Across ASCOM’s Footprint
  • 247,500 TONS

    ACCM Volumes Sold (FY15)
  • 3,900 TONS

    GlassRock Volumes Sold (FY14)
  • 30.3 MILLION TONS

    Egypt Quarrying Business Volumes Sold (FY15)
  • 4.9 MILLION USD

    GlassRock Revenues (FY15)
  • 398.6 MILLION USD

    Egypt Quarrying Revenues (FY15)

From quarrying for the cement industry to the manufacture of world-class technical calcium carbonate and environmentally friendly building materials, Qalaa Holdings’ investments in the mining sector help nations develop and add value to their natural resources.

All of our investments in the mining sector focus on the production of value-added products for domestic and export consumption to help countries in Africa and the Middle East unlock their economic potential.

  • Qalaa Holdings’ mining sector subsidiary is ASCOM (ASCM.CA on the Egyptian Exchange), a regional leader in the field of geology and mining, offering the market a unique interface between science and field applications. ...

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  • Fayez Gress
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    Fayez Gress

    ASCOM - CEO & Executive Chair
    Fayez Gress

    Fayez Gress

    ASCOM - CEO & Executive Chair

    Fayez Gress took on the role of Managing Director at ASEC Company for Mining (ASCOM), Qalaa Holdings' platform in the regional mining industry, in 2001. After the company was acquired by Qalaa Holdings (then known as Citadel Capital) in 2004, he became Chairman and Managing Director. Gress has been instrumental in developing ASCOM from a local player that provides services to the cement and building materials sector in Egypt to a group of companies with operations throughout the Middle East and Africa. He has helped introduce new lines of business including gold exploration, an aggregates division and calcium carbonate production. Gress, a geologist by training, began his career with ASEC Group in 1980 as a field geologist. 

  • Amir Naguib
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    Amir Naguib

    Managing Director, ASCOM
    Amir Naguib

    Amir Naguib

    Managing Director, ASCOM

    Amir Naguib, was appointed Managing Director, ASCOM in July 2017.

    Prior to this, Amir was Commercial Director for Lafarge Aggregates and ready mix concrete in Egypt, market leader in Egypt with more than 30 batching facility and 5 quarries. A role he held from 2009.

    Amir joined the Algerian Cement Company in 2002, a subsidiary of Orascom Cement which was acquired by Lafarge Group in 2007, as Technical Sales Manager, where he contributed to the startup of OC cement business and initiated ready mix business in Algeria.

    Amir has a strong background in sales, operations, business finance and marketing. Amir holds a BSc in Civil Engineering from Cairo University and an MBA from the German University in Cairo.