Our Story
Who we are
Amwaj International stands as a leader in the real estate and property development sector, renowned for its visionary projects and exceptional quality standards. As a pioneering force in the industry, Amwaj International has consistently delivered outstanding residential, commercial, and mixed-use developments that set new benchmarks for excellence.
With over US$9 billion in assets under management and an over 40-year heritage as a global owner and operator, we focus on investing in the backbone of the global economy, and are committed to supporting and enhancing the communities in which we operate. Today we own and operate an iconic portfolio of properties in the world's most dynamic markets.
How we invest
Contribute to local communities
We are actively involved in the communities in which we operate — creating jobs, contributing to the local economy, and more.
Strategic flexibility
We can quickly scale up to put our investment ideas into action, allowing us to allocate capital where it is otherwise scarce, acquire assets below replacement cost, and leverage our operating expertise to enhance the value of our investments.
Local insights
Our on-the-ground presence in key locations around the world provides us with knowledge of local market conditions and trends, as well as access to proprietary deal flow.
Our Story
Company history
- 1986
Dorchester Estates launches in London
Dorchester Estates is launched in London, UK, as asset manager and developer.
- 1996
UK assets surpass 300,000 sq ft
Assets in the UK surpass 300,000 square feet of leasable commercial space.
- 2004
Almco founded
Al Iraq Al Moaser Company (ALMCO) for General Contracts and Cement Production is established; construction and life-support operations begin serving clients in Iraq.
March 24, 2004
- 2006
Expansion into Egypt, India, Jordan, Iraq, and the UAE
The group expands into Egypt, India, Jordan, Iraq, and the United Arab Emirates.
- 2010
Iraq Gate launches; NHow Hotel Berlin acquired
Iraq Gate, the largest and first of its kind development in Iraq, is launched. Acquisition of the NHow Hotel, Berlin — the group's first property catering for European hospitality.
- 2019
Education initiative — Iraq's first internationally accredited school
Amwaj embarks on its education initiative, introducing Iraq's first internationally accredited school with Cadmus International Schools and SABIS.
- 2020
Investment into Türkiye
Investment into Türkiye through the acquisition of several property investments.
- 2022
Developments reach US$8 billion; hospitality grows to 2,000+ keys
Total developments reach US$8 billion. Hospitality grows to 2,000+ keys with a further 1,500+ planned. The education initiative grows with two more Cadmus schools, and 13 more schools enter development.
- 2023
Expansion into the United States; three mixed-use developments in Iraq
Expansion into the United States with a high-rise development in New York and a hospitality acquisition. Three mixed-use residential developments launch in Iraq, surpassing 9,000 units.
Our Story
Global reach
Well-established operations on four continents enable us to readily invest where attractive opportunities emerge.
- 15,000+
- Employees
- 10
- Countries
- 27
- Cities
Presence in
- United States
- United Kingdom
- Spain
- Germany
- Türkiye
- Egypt
- Jordan
- Iraq
- United Arab Emirates
- India
Our Story
Group companies
Subsidiaries in Iraq and internationally.
Our Business
How Our Businesses Connect
- 01
Development
Master-planned communities, cities, and destinations, alongside retail, commercial, hospitality, and education assets.
- 02
Industry
Construction, life support, and energy operating companies.
- 03
Services
Facility and community management across delivered assets.
Sustainability
Responsible Development and Operations
Environment, social and governance across the group, with its reports and commitments.
Leadership
Namir El Akabi
Chairman & Owner, Amwaj International Company
Amwaj's founder and chairman, and a board of sector leaders across real estate, hospitality, finance, and investment.
Meet Our Leadership