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Environmental Services & Renewable Energy keyboard_arrow_down

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Faruk Investment Group in Numbers

  • +40

    Years Of Experience
  • 13

    Sectors
  • 24

    Companies
  • +7000

    Employees

ABOUT US

About Faruk Investment Group

Faruk Investment Group (FIG) was founded by the well-known entrepreneur Mr. Faruk Mustafa Rasool in 2008. FIG embodies a legacy rooted in decades of Mr. Rasool’s entrepreneurial vision since the 1970s. Mr. Rasool has more than 40 years of experience in trading and investment. Mr. Rasool’s mission is to expand the economy of the Kurdistan Region and Iraq through investments and industrial developments, but also to support improving the environment through sustainable green projects. Today, Mr. Rasool serves as the Chairman of the Board, steering FIG towards continued success and innovation in the country.

Vision

Faruk Investment Group’s (FIG) vision is to actively contribute to leading towards a more prosperous and self-sufficient nation. The mission and purpose of FIG is to lead the nation to prosperity and create an optimistic business environment that paves the way for a modern and dynamic country.

Subsidiary companies

Embarking on a journey of excellence and innovation, Faruk Investment Group (FIG) stands proud in its firm commitment to shaping a thriving future in the country by operating in the following vital industries:

Cement Industry

The cement Industry witnesses our infrastructure footprint through Gasin Cement Company, Tasluja Cement Company, and Bazian Cement Company, where strength and durability unite in construction and building infrastructure projects in the country.

Telecommunications and IT

In the field of Telecommunications and IT, we pave the way for connectivity and technological advancement through flagship ventures like Asiacell, Sevennet (Goran net 4G), and IraqCom.


Medical Services

Care finds a home in our medical services domain, boasting Faruk Medical City (FMC) and Rasan Pharmaceutical, committed to enhancing health and well-being of our communities.


Hospitality & Leisure

Hospitality and Leisure beckons with opulence and comfort, embodied by the Grand Millennium Sulaimani, Millennium Kurdistan Hotel, Copthorne Hotel Baranan, Ashur Resort, and the future projects in the FIG’s pipeline such as Dukan Lake City, where relaxation meets unparalleled luxuriousness.


Environmental Services & Renewable Energy

Our dedication extends beyond technology; we champion environmental sustainability with EcoCem for Environment Solutions, leading the charge in waste treatment, ensuring a cleaner and greener future. With our Solar Plant project, we aims to revolutionize electrical power generation.


Financial Services

Our financial solutions at AsiaPay bring seamless financial services in Iraq to empower businesses and customers.



Insurance

Ensuring safety nets for tomorrow, Asia Insurance stands tall, offering comprehensive Insurance solutions.


Travel

Asia Air, a frontrunner in travel and tourism, is dedicated to bolstering tourism in the Kurdistan Region and Iraq. Asia Air offering innovative services for corporate and leisure travelers, providing personalized travel advisory services, guiding customers to optimal routes and destinations for convenience and savings.


Real Estate

Real estate aspirations soar high with our Kurd Towers and Baran Complex, redefining urban landscapes and architectural brilliance in the city of Sulaimani.


Construction

Zarya Construction sets benchmarks in the country's construction sector, transforming visions into concrete realities.


Manufacturing

Our commitment to precision and innovation thrives in the manufacturing sector, with Azady Industries and IRALEX leading the charge in Iraq.


Future Projects

Introducing two groundbreaking projects set to redefine Sulaymaniyah and the country’s tourism industry: Dukan Lake City, a sprawling development aiming to merge leisure and mixed-use facilities, and the Solar Farm project, poised to revolutionize electrical power generation through renewable energy. These FIG projects promise significant advancements in infrastructure, sustainability, and urban planning, heralding a new era of progress in the country.