Qalaa Holdings’ cement platform company is ASEC Holding, a leading regional cement, engineering and construction group with operations spanning Africa and the Middle East. With more than 30 years of experience, ASEC’s portfolio of services includes plant design and engineering, technical management, automation and construction.

ASEC’s portfolio includes cement manufacturing through ASEC Cement with two operational production facilities: Al-Takamol Cement in Sudan; Zahana Cement Co. in Algeria; and one facility under construction in Algeria, Djelfa, as well as a greenfield license in Syria. ASEC’s construction and management services are carried out through ARESCO, ASEC Engineering, ASEC Automation and ASENPRO.

In 2015 Qalaa had reduced its exposure to the cement industry, with ASEC Holding concluding the sale of business unit Misr Cement Qena as well exiting ASEC Minya and ASEC Ready-Mix.

  • Tarek Salah
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    Tarek Salah

    Managing Director, Qalaa Holdings Cement Division
    Tarek Salah

    Tarek Salah

    Managing Director, Qalaa Holdings Cement Division

    Mr. Salah joined Qalaa Holdings in 2007. Mr. Salah worked with Arab Consulting Engineers in the Project Management Department, where he managed projects including the US$ 750 million CityStars multi-purpose real estate development and a US$ 107 million float glass factory in Tenth of Ramadan City. He holds a BSc in Engineering from Cairo University and an MBA from the Arab Academy for Technology and Maritime Transport in Cairo.

  • Tarek El Gammal
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    Tarek El Gammal

    ASEC Cement - CEO
    Tarek El Gammal

    Tarek El Gammal

    ASEC Cement - CEO

    Mr. El Gammal joined ASEC Cement in March 2008 as Strategic Planning Director and was promoted to Chief Financial Officer in January 2010. Prior to joining ASEC Cement, he spent eight years at CEMEX worldwide where he held a range of posts in both emerging and mature markets including Egypt, Spain, Germany and Puerto Rico where he was responsible for Strategic Planning, Marketing & Integrated Areas. Before CEMEX, Mr. El Gammal was Corporate Finance Manager at Egyptian Anglo for Financial Investments, a boutique investment banking firm that provided corporate finance and portfolio management services. He holds an MBA from the American University in Cairo.