The years 2020–2021 were an opportunity to renew Alrida Holding for Investment, despite the COVID-19 pandemic and the economic disruption that came with it, volatile oil prices, and the global shift to clean energy, with its significant consequences for an Iraqi economy that depends on oil revenues.
Alrida Group’s employees met these profound changes with energy and determination, focusing on maintaining our group’s leading position, which strengthened our financial and strategic standing. Alrida Group entered 2022 with a renewed sense of purpose as a group able to play a meaningful human and economic role in our society, building on our track record of successfully delivering residential and infrastructure projects and providing financial services, and on the trust of our customers and partners, who have played a major part in our success.
Alrida Group strengthened its leading role by entering partnerships with international and regional companies and consultancies with proven track records, drawing on their expertise to develop our people in line with the demands of the 21st-century economy and the profound changes driven by rapid technological progress and the resulting economic shifts around the world.
Our group’s move into renewable energy, recycling technology and advanced 3D construction technology reflects our firm belief that Alrida Group must continue to play its leading role in sustainable economic development.