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 is also the founder and chairperson of the General Mediterranean Holding (GMH), a conglomerate of 120 companies 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 companies involved in trade and construction in Iraq, but in 1980 he had to leave Iraq;
The
General Mediterranean Holding Group was created in 1979; today consists of 120 companies 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 the trading conditions, following two years of depressed economic activity;
The 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 the total assets and net assets remaining stable at €2.1 billion and €1.1 billion respectively.
Nadhmi Shakir Auchy and his wife are Christian Chaldeans (Babylonian Chaldean Catholic Church - Eastern Catholic), through
his Foundation, they aim to promote the dialogue between the religions, the unity among the Arab
States and build bridges between the West and the Arab world through
philanthropy.
In recognition of his business and philanthropic activities throughout the world, Nadhmi Shakir Auch has received numerous awards.