Al Rida joins IBBC to connect Iraq’s potential with global opportunities and deepen international ties. As a leading Iraqi holding group, Al Rida Investment Group now becomes a member of the Iraq Britain Business Council (IBBC), marking a new chapter in its journey toward national and global impact.
Additionally, founded in 1997, Al Rida began as a construction company. Over time, it expanded into a diversified investment group. Today, it plays a major role in Iraq’s economic progress through projects in real estate, infrastructure, manufacturing, and financial services.
Therefore, Al Rida’s achievements include the development of Karbala International Airport and commercial and residential projects worth over $2 billion. One of its most ambitious efforts is a master-planned 6,000-dunum industrial city. This project aims to boost Iraq’s manufacturing power and attract global investors.
By joining IBBC, Al Rida strengthens its mission to support Iraq’s development while building international partnerships. Al Rida joins IBBC to share knowledge, create global links, and work with others who want to help Iraq grow.
Moreover, chairman Abbas Noaman shared the group’s long-term vision and said, “We commit to laying foundations for a prosperous Iraq—projects that serve today and shape tomorrow.” He emphasized that the partnership with IBBC drives innovation, strengthens industry, and promotes inclusive growth across the country.
IBBC Managing Director Christophe Michels welcomed the group: “IBBC is delighted to have Al Rida as a member. Its profile and capability fit closely with IBBC’s Iraqi and international members’ interests. We look forward to working with this successful and diverse company to help transform Iraq.”
Therefore, Al Rida joins IBBC during a time of strong economic rebuilding in Iraq. With growing interest from global investors and a renewed focus on infrastructure and industry, the group plans to lead and inspire future development.
In conclusion, through this new partnership, Al Rida seeks to foster long-term investment, create jobs, and build a strong economic foundation for Iraq. The firm’s experience and reach will add value to the IBBC community and support shared goals for Iraq’s future.