Habboush Group is a global private investment firm specializing in managing proprietary assets and investments across various sectors, including energy, infrastructure, technology, and real estate. With over 45 years of experience, the group has partnered with leading multinational corporations and financial institutions to acquire, develop, and manage assets valued at over $6 billion.
In the energy sector, Habboush Group has established a significant presence, particularly in emerging markets like Iraq and Turkey. The company provides engineering, procurement, construction (EPC), project management, and operation and maintenance (O&M) services, catering to clients such as Fortune 500 companies and financial institutions.
In 2022, Wadie Habboush Group formed a strategic alliance with NuScale Power and ENTRA1, aiming to offer integrated capabilities for financing, investment, development, management, and execution of large-scale nuclear power projects. This collaboration seeks to meet the growing global demand for clean energy solutions.
Furthermore, the group has expressed optimism about energy-related investments in Turkey, highlighting the country’s significant energy demand and growth potential. Habboush Group has been involved in projects in southern Iraq, emphasizing the strategic importance of energy cooperation between Turkey and Iraq.
Overall, Habboush Group plays a pivotal role in global energy investments by leveraging its extensive experience and strategic partnerships to develop and manage energy assets across diverse markets.
Habboush Group, under the leadership of President and CEO Wadié R. Habboush, has played a significant role in fostering Iraq’s private sector growth. The company operates across the UAE, Turkey, and Iraq, focusing on energy, infrastructure, technology, and real estate sectors.
In 2013, Wadié R. Habboush represented the Iraqi private sector at the World Economic Forum MENA 2013, where he emphasized the importance of attracting foreign investment to Iraq. He highlighted the need for policy administration that facilitates such investments, noting that regulatory changes alone are insufficient without proper implementation.
Furthermore, in 2016, Habboush discussed Iraq’s potential to diversify its exports by utilizing gas for petrochemical production, suggesting that this approach could reduce the country’s dependence on crude oil exports.
Through these initiatives and its ongoing operations, Habboush Group has contributed to the development of Iraq’s private sector by attracting foreign investment, promoting infrastructure development, and advocating for policy reforms aimed at economic diversification.
