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.

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.

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.

KEY MILESTONES IN THE HISTORY OF SIG

1930

  • Late attorneys the grandfathers Hussain and Abdul Ameer Shamara, family first-generation, established the Trading and Properties business, plus Construction Material Industries.

1950

  • Late attorney Fadhel Shamara, family second generation, upgraded the business of trading, properties, and construction material industries to national level.

1960

  • Textile industries and Properties Development.

1976

  • Family third generation takes over the business from the second generation.

1980

  • The Group expanded its operations to an international level.

1982

  • First contract to supply spare parts and industrial components.

1995

  • Electrification of rural regions in Jordan.

1995 – 2004

  • Rehabilitation work and supply of materials for the electricity sector in Iraq.

2004

  • The first full EPC contract to be awarded to an Iraqi company.
  • EPC Contract of Baghdad South GPS.
  • EPC Contract of Al Muthanna Power Plant for Cement Factory.

2005

  • Started construction of Al Inma’a Steel Factory.

2006

  • Isomerization Project – South Refinery Company.

2007

  • Daura Refinery, Baghdad.

2008

  • EPC Contract of Najaf Power Plant.

2010

  • EPC Contract of Hills Power Plant.
  • EPC Contract of Karbala Power Plant.
  • EPC Contract of Power Plant for Steel Factory.
  • EPC Contract of Power Plant for Daura Refinery.

2012

  • EPC Contract of Shat Al Basra Power Plant.

2013

  • Signing of Baghdad Paradise Project.

2014

  • Signing of AI Rumeilah Project Power Plant.

2015

  • First Payment guarantee issued by the Iraqi government to a private Iraqi company.