• 4

    COUNTRIES

    Across ASCOM’s Footprint

  • 85.6

    THOUSAND TONS

    ACCM Volumes Sold (4Q22)

  • 2.9

    THOUSAND TONS

    GlassRock Volumes Sold (4Q22)

  • 2.3

    MILLION TONS

    Egypt Quarrying Business Volumes Sold (4Q22)

  • 24.3

    MILLION USD

    GlassRock Revenues (4Q22)

  • 58.1

    MILLION EGP

    Egypt Quarrying Revenues (4Q22)

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.

  • ASCOM

    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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  • Qalaa Holdings’ Mining Unit Selected to Take Part in Initial Phase of New Suez Canal


    ASCOM, a leading regional mining and quarrying company, tapped to provide excavation services at critical national project; ASCOM is one of three Qalaa Holdings companies working to develop the Suez Canal area
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  • Citadel Capital Reports 3Q13 Results: Aggregate Revenues at Operational Core and Non-Core Platforms Surges 15.5% y-o-y to EGP 1.5 billion; statutory consolidated net loss narrows 38.3%


    Citadel Capital reports a more than ten-fold rise in aggregate EBITDA at operational core and non-core platform companies as it seeks majority stakes in most of its investments in five core industries via ongoing EGP 3.64 billion share issuance
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  • Citadel Capital Reports 2Q13 Results: Standalone Net Profit of EGP 3.5 mn, 61.9% YOY Narrowing of Consolidated Loss, 1.7% Rise in Aggregate Revenues and 12.9% hike in EBITDA at Operational Core Platforms


    Citadel Capital continues to report improved financial performance at operational core platforms as it seeks majority stakes in most of its investments in five core industries: energy, transportation, agrifoods, mining and cement
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  • Citadel Capital Reports 1Q13 Results: Standalone Net Profit of EGP 5.3 million, a 20.6% Narrowing Consolidated Loss, and Aggregate Revenues Stable at Operational Core Platforms in 1Q13


    As the firm's transition into an investment company positioned to create long-term shareholder value continues, Citadel Capital posts standalone net profit in 1Q13 (against a loss in 1Q12), a substantial narrowing of consolidated losses and stable performance at operational core platforms in the firm's five core industries: energy, transportation, agrifoods, mining and cement
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  • Citadel Capital Reports Improvement in FY12 Results With Aggregate EBITDA at Core Operational Platforms Rising to EGP 111.4 mn from Minus EGP 0.1mn in FY11 on the Back of Strong Performance of Underlying Businesses, Cost Control


    As the firm transitions its business model to an investment company that will create long-term value for its shareholders, it has shifted to a new reporting methodology that places more emphasis on aggregate financial performance at its eight operational platforms in 5 core industries; energy, transportation, agrifoods, mining and cement which are underpinned by outstanding macroeconomic fundamentals. The new methodology presents a more accurate picture of financial and operational performance
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