- Middle East Business News
Wednesday, 30 September 2020 11:35 UAE time
23#  Shwan Al-Mulla  - picture not available
23# Shwan Al-Mulla

Net Worth: US$ 3.4 Billion
Country of Residence: Iraq
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Shwan Al Mulla is the London-based Iraqi Kurd who founded the ICCB (Iraqi Consultants and Construction Bureau) in 2003, after conducting business for 26 years between the UK, South East Asia and Iraq.

Under Al Mulla's entrepreneurial leadership, the ICCB is a privately owned company that delivers expertise in engineering, construction, procurement, maintenance and project management throughout Iraq, partnering with the US Army Corps of Engineers (USACE) and The Iraqi government in efforts to rebuild the country.

With a total staff of more than 2,000 and a turnover in excess of $100m, ICCB has built a reputation for successfully providing and executing key engineering and construction solutions in acquired projects within budget and on time, across a broad spectrum of industries including commercial and institutional, power, manufacturing, oil and gas, government services, telecommunications, water and transportation infrastructure.

With its head office in Baghdad, the ICCB Group has seven offices in Iraq and international support offices in Amman, Manama and Geneva. Al Mulla, meanwhile, has a number of private homes in Britain, France, Jordan and Florida.

Al Mulla also has major investments in the region in various sectors that include trade, media, telecommunications, sport, and distribution.

The group is the exclusive distributor of Daewoo-Doosan heavy machinery and Gehl-Mustang compact construction equipment in Iraq; an authorised dealer of Scania Trucks and Daimler Chrysler; Iraq distributor of i2, the largest GSM mobile distributor and retailer in the Middle East and Africa specialising in Nokia and Motorola handsets; distributor of Showtime Pay-TV in more than fourteen countries with exclusivity; publisher of Nox and Skin magazines; and founder of K1 Professional Kart Racing.

But the main focus of Al Mulla's activities is on the reconstruction of Iraq through projects such as Empire World and the ICCB's Industrial City that already has five factories specialising in construction-related materials, motivated by his belief in the vital role of the private sector in creating prosperity and promoting social and political stability.

Al Mullah is also a major donor to philanthropic causes.



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