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WHO WE ARE


AFICO is a leading, privately owned general investment company headquartered in Baghdad the capital city of the Iraq.

The activities of the group have covered various areas and over the years, the strategy has steadily grown towards forming the organization that AFICO is today.

Always driven to partake in the phenomenal economic growth of the IRAQ, AFICO has operated across multiple sectors such as food, beverage, construction, transportation, sponge industrial and trading. Today our strategy revolves around the mobilization and dedication of our established capabilities to deliver on large scale projects. We have successfully expanded into new sectors and building on this track record, we continue to seek out new opportunities for growth.
At AFICO, we strategically work on local businesses and expansion opportunities where we can further utilize the unique abilities that we have developed.
AFICO continues to pursue two distinct activities of investment namely.
Each subsidiary in our group of companies is a leader in its own field of specialization. Together, we provide a complete range of professional services that often exceed the demands and challenges of the most intricate projects.

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Each subsidiary in our group of companies is a leader in its own field of specialisation. Together, we provide a complete range of professional services that often exceed the demands and challenges of the most intricate projects.

  • IBS Iraqi Building Systems Co.

    IBS Iraqi Building Systems is a Construction Company has provided high quality building construction services since 2005 and is recognized as one of the area’s most experienced builders ...

    More informations
  • Golden Sail Co.

    Golden Sail Co. is a trading company in Baghdad, Iraq We established longer and closer working relationships with our clients and supplier not only provide immediate and reliable service but to continually exceed expectations and goals ...

    More informations
  • Mayar Co.

    Plastic

    Mayar Co. is specialized in producing plastic in many of the high-volume categories that include apple, cranberry, grape, citrus, pomegranate and tropical blends, the (Saif) brand can be found in major retailers across the country ...

    More informations
  • Ghaith Baghdad Co.

    Juices

    Ghaith Baghdad Co. is specialized in producing juices in many of the high-volume categories that include apple, cranberry, grape, citrus, pomegranate and tropical blends, the (Saif) brand can be found in major retailers across the country ...

    More informations
  • Advanced Foodstuff Industrial Co.

    Bottled Water , Juices , Soft Drink

    AFICO has three production lines to produce soft drink, juices and bottled water ...

    More informations
  • Manar Factory

    Bottled Water , Juices

    Manar Company was incorporated in 2011, to process high quality processed beverages (Juices, Bottled Water ...

    More informations

Chairman's Message


It is with great pride we look back at AFICO’s numerous successes and achievements over the few years of its life. Ever since our humble beginnings as a local firm, AFICO has worked hard to build the company into a truly national corporation, becoming one of the leading investment firm in the middle east. The strategy has steadily grown towards forming the organization that AFICO is today.
Over the past years, AFICO’s enduring and pivotal role in the national economy proved its reliability in ensuring a sustainable industrial output. Furthermore, its ability to sustainably deliver exceptional and outstanding positive results, on both operational and financial levels, ensures that it will continue its successful plans of development and local and international presence expansion.
The mutual partnerships we have built with our customers across Iraq and their trust in our capabilities, high quality products and working teams, has greatly contributed to the realization and fulfillment of our vision.
Our responsibility toward our communities and employees as well as to our partners is considered one of our top priorities. We consider ourselves a good corporate citizen, actively engaged in enhancing the life of our community, and we have made this one of AFICO’s core values.





MAHDI ALBANNAI

Founder & Chairman

About Us



AFICO is a leading, privately owned general investment company headquartered in Baghdad the capital city of the Iraq,The activities of the group have covered various areas and over the years, the strategy has steadily grown towards forming the organization that AFICO is today.

CONTACTS



  • 65 14TH Ramadan St. Al-Mansour Baghdad Iraq
  • info@aficoiraq.com
  • +964 771 999 9646

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