Nadhmi Auch Shakir was born on June 11, 1937; he is a British - Iraqi
business person and billionaire, and the founder and president of the Anglo-Arab organization.
Nadhmi Shakir Auchy and his wife are Christian
Chaldeans (Babylonian Chaldean Catholic Church - Eastern Catholic), through
his Foundation, they aim to promote dialogue between religions,
unity among Arab
States and build bridges between West and the Arab world through
philanthropy.
The Subject “Nadhmi Shakir Auchi (Iraqi
Chaldean Businessman)” is included within the curriculum of the following academic programs at EENI Global Business School:
Nadhmi Shakir Auchy is also the founder and chairperson of the General Mediterranean Holding (GMH), a conglomerate of 120 enterprises worldwide
In 2012 his net worth was estimated by Forbes at 1,800 million dollars (854th richest person in the World)
Before 1980, Nadhmi Auchi had created several enterprises involved in trade and construction in Iraq, but in 1980 he had to leave Iraq
The
General Mediterranean Holding Group was founded in 1979; today consists of 120 enterprises in which they work about 11,000 workers, covering several sectors: banking, property (real estate), construction, hotels, industrial, pharmacy, and communication
The group is present in the Middle East, North Africa, Europe, the Americas, the Caribbean, Asia, and the Pacific
The results reflect improving trading conditions, following two years of depressed economic activity
Total comprehensive income increased to €34 million, and operating profit to €16 million. Before exceptional items, total comprehensive income was €67 million and operating profit was €49 million
The Group's prudent approach to
managing its balance sheet is reflected in total assets and net assets remaining stable at €2.1 billion and €1.1 billion respectively
In recognition of his business and philanthropic activities throughout the world, Nadhmi Shakir Auch has received numerous awards.