By 1976, the third generation of the family – three sons of the late founder and attorney Fadhel Shamara had taken over the business from the second generation. In the early 1990s, the Group expanded its operations where it became a major supplier of machinery and materials in Iraq as well as spare parts for energy sector and chemical plants.
Our History and Heritage
The Shamara Investment Group was established in 1930 in Baghdad, Iraq by earlier generations of the Shamara family. In the early years the business’ activities were focused on trading, construction materials, property development and the textile industries.
Today, Shamara Investment Group is composed of a group of well-established companies with diverse and complementary activities that specialize in Electric Power Generation, Oil & Gas, Water, Infrastructure, Real Estate, Retail, and Hospitality. Its main markets are Iraq, the Middle East, and North Africa.