Established in 2008 by Faruk Mustafa Rasool, Faruk Holding is Iraq's largest private company, employing over 13,000 people. The group operates in sectors such as telecommunications, cement, construction, energy, insurance, medical services, hospitality, real estate, agriculture, project management, commerce, and trade. Each business under Faruk Holding's umbrella contributes to the country's social and economic development, improving the quality of life and fulfilling the aspirations of diverse communities in Iraq. Faruk Group Holding, a subsidiary of Faruk Holding, consists of 12 operating companies in six sectors, including telecommunications, cement industry, medical services, construction, and IT services.