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Development
Master-planned communities, cities, and destinations, alongside retail, commercial, hospitality, and education assets.
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What We Do
One group. Three pillars.
Amwaj works as one group across three pillars. Development shapes places to live, work, stay, and invest. Industry builds and supplies them. Services manage them for the decades after handover.
As the largest investors in real estate in Iraq, we design, build, own, operate, and develop iconic properties throughout the country. In addition, across the world's most dynamic markets our global portfolio includes office, retail, multifamily, land, homes, and both affordable and luxury hospitality on four continents.
Real estate sectors
Community development
Amwaj International develops and improves community life every day — never settling for the ordinary and striving to be a force for good in the communities we develop. Housing tens of thousands of people, Amwaj aims to deliver 100,000+ homes by 2035.
Hospitality
We own and actively manage full-service hotels and leisure-style hospitality assets in high-barrier markets across the Middle East, Europe, and the USA. Owning and managing 2,000+ rooms, Amwaj is currently developing seven additional hotels with 1,500+ rooms.
Retail & entertainment
Our high-quality retail destinations are central gathering places for the communities they serve, combining shopping, dining, entertainment, and other activities. A total of US$200 million has been invested to date.
Educational development
Striving to be a force for good, Amwaj International embarked on its education initiative in 2019, introducing Iraq's first internationally accredited school. Amwaj plans to invest a further US$100 million to advance education opportunities in Iraq.
Commercial
Our portfolio of commercial properties spans from large multi-use properties to boutique A* office and multipurpose spaces — from iconic office buildings in central London to health clinic facilities in Egypt and storage facilities in Iraq.
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.
What we do
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
Leadership
Namir El Akabi
Chairman & Owner, Amwaj International Company
Mr. Namir El Akabi has shaped Amwaj into embracing innovation, sustainability, and quality in the real estate industry, establishing a standard of excellence that significantly influences the sector.
His commitment to fostering a culture of collaboration and continuous improvement has not only propelled Amwaj's growth but has also established a positive impact on the communities it serves.
A leadership that reflects strategic vision, integrity, and a passion for creating enduring legacies through impactful real estate projects and community enrichment.
Amwaj's founder and chairman, and a board of sector leaders across real estate, hospitality, finance, and investment.
Meet the boardWhat we do
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.
What we do
Group companies
Subsidiaries in Iraq and internationally.
What we do
One Group, Interlocking Capabilities
Amwaj's pillars reinforce each other across the delivery chain.
- 01
Almco builds Amwaj developments.
- 02
AEC services and manages Amwaj developments.
- 03
DNA Hotel Management operates the group's hospitality assets.