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Address
District 5 – Kilo 9 – Cairo Ain Sokhna New Road New
Katameya – Cairo, Egypt
Activity And
Establishment
Since 1997, Sinai Cement has been a cornerstone of Egypt’s construction industry, established to meet the growing demand for high-quality construction materials. Producing 2.9 million tons of premium packed and bulk cement annually, we operate from a state-of-the-art plant in North Sinai. Backed by the VICAT Group’s 165-year legacy of innovation and sustainability, we deliver certified quality through CE Mark and EOS standards. Our products power landmark projects across Egypt and Africa, driving durable construction and shaping a sustainable future.
Financial
statements
Financial statements Dec 2021.pdf
36 Pages
Financial statements Dec 2022.pdf
33 Pages
Financial statements Dec 2023.pdf
30 Pages
Financial statements Dec 2024.pdf
36 Pages
leaderships
Every decision we make is an investment in a stronger, more sustainable future. Our leadership embraces each day as a chance to redefine possibilities, driving progress and creating enduring impact for Egypt and beyond.
Mr. Tamer Magdy
Ragheb Andrawis
Chairman of the Board of Directors-
Independent
Mr. Pietro
Cala
Managing director, representing Vicat Egypt for Cement Industry SAE.
Mr. Guy Dominique
Sidos
Chairman and CEO of Vicat SA since April 9th, 2021. He graduated from the Ecole Navale. Before joining Vicat SA, he served in the French Navy.
Mr. Louis-Jacques
Merceron Vicat
Director of Vicat SA since 1999. He graduated from the Ecole des Cadres.
Mr. Jacques Marie
Merceron
Former Chairman and CEO of Vicat SA, graduated from the Ecole Speciale de Travaux Public. He is the Honorary Chairman of Vicat SA and Director of Vicat SA since 1968.
Ms. Rasha Salah El Din
Metwally Kenawy
Senior Economist and Advisor to Governments turned Leadership Development Expert, Trainer and Corporate Culture Consultant. She is one of the awarded Top 50 Most Influential Women during 2020. Rasha is the founder of RK Leadership Consulting and one of the “Adaptive Leadership Network” of Harvard Practitioners around the world. Rasha holds a Master’s degree for Public Administration from Harvard Kennedy School and another Masters for Economics from the American University in Cairo.
Mr. Sherif Samir
Mahmoud Samy
The Chairman of the National Asset Management & Investment SAE and Ataa Investment Fund. He is a board member of the National Investment Bank, the Universal Health Insurance Authority, the French University in Egypt and other investment and education companies. Sherif is the former Chairman of CIB Bank and the Egyptian Financial Regulatory Authority. He previously served as Board member of the Central Bank of Egypt, the Investment & Free Zones Authority, Banque Du Caire, Suez Cement and Orange.
Gr. Mohamed Alaa
The Head of Information System and Digital Transformation Sector at National Organization for Social Insurance. He previously held the positions of the Assistant Director of Information Systems Department for the Armed Forces and the Commander of the Main Center of Smart Systems of the Armed Forces and the Head of Information System Branch of the Organization and Administration Authority of the Armed Forces.
Mr. Magdy Moheb
Kamil Kassabgui
Established Reliance in 1998, initially focusing on cement trading. His entrepreneurial vision and strategic acumen enabled him to expand the company into a fully integrated trading and logistics services provider for the cement industry. Over the first two decades, he pursued a strategy of vertical integration, gradually building businesses that complemented and enhanced the cement sector, including trucking, ready-mix concrete, aggregates, and alternative fuels. He holds a Bachelor’s degree in Economics with a minor in Business Administration from The American University in Cairo (AUC).
Mr. Gianfranco
Tantardini
Gianfranco Tantardini is the Regional Manager for the Mediterranean and Asia at Sinai Cement, bringing with him over 45 years of experience. He currently leads the company’s efforts to enhance industrial operations and drive development across the VICAT Group’s investments in 11 subsidiaries located in Egypt, Turkey, Kazakhstan, and India Tantardini’s career began with a distinguished 26-year tenure in the French Navy, after which he joined the VICAT Group as Vice President of Operations. He later advanced to become Country Manager for VICAT USA, where he successfully led a workforce of 1,800 employees and managed revenues exceeding €500 million. In 2017, he was appointed Area Manager for Egypt and Turkey, where he played a critical role in implementing industrial improvements, optimizing CO₂ management, and overseeing operations across 7 subsidiaries. Known for his crisis management capabilities and strategic insight in high-stakes environments, Tantardini brings exceptional expertise to his leadership at Sinai Cement. He holds a degree from the Institut National des Sciences et Techniques Nucléaires (1987) and completed the Finance for Executives program at INSEAD (2008). A trilingual professional, Tantardini is fluent in French, English, and Italian.
Ms. Sophie Merceron
The chair of the Louis Vicat Foundation and Director of Vicat SA since 2007. She held various functions within the Group until 1997.
Tamer Magdy,
Chairman of Sinai Cement
Tamer Magdy is the Chairman of Sinai Cement as of March 2024, bringing with him over 19 years of experience. He currently leads the company in advancing its strategic vision and reinforcing its position as a key player within the Vicat Group’s investments in Egypt. Marking a key milestone in his career, Magdy joined Lafarge Egypt in 2002 as a Senior Financial Analyst, he held several critical roles within the finance department, including responsibilities in costing, plant controlling, and taxation. His expertise led him to become Head of Country Tax for Lafarge Egypt, where he shaped the company’s tax strategy. He later served as Head of Procurement Performance, Projects & Development, before concluding his tenure with Lafarge in November 2017. In 2017, Magdy joined ASCOM Mining as Group Chief Financial Officer. A year later in 2018, he became Egypt Country Manager and Managing Director of Sinai Cement Company until February 2024 — a position that laid the groundwork for his current leadership role as Chairman. Magdy is backed by an MBA in Finance from ESLSCA Business School in France in 2016, and a Bachelor’s degree in Commerce and Business Administration from Helwan University in Cairo, Egypt in 1998.
Meet Our Team
