The General Mediterranean Holding (GMH) is a financial

FINANCIAL

FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. Published by Intelligence Group LLC, FINANCIAL is focused on opinion leaders and top business decision-makers; It's about world’s largest companies, investing, careers, and small business. It is...

 holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 established in 1979 in Luxembourg City, in southern Luxembourg

Luxembourg

Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...

, founded by Anglo-Iraqi businessman Nadhmi Auchi

Nadhmi Auchi

Nadhmi Shakir Auchi, , is a British Iraqi businessman and billionaire, founding president of the Anglo Arab Organisation, and the founder and chairman of General Mediterranean Holding , a conglomerate of 120 companies worldwide...

.

GMH is a diverse business group with activities in Banking & Finance, Real Estate & Construction, Hotel & Leisure, Industrial, Trading & Pharmaceuticals, Communications & IT and Aviation.

Its interests span across the Mediterranean and beyond with over 120 companies employing some 11,000 staff with representation in the Middle East, Northern Africa, Europe, the Americas, the Caribbean, the Asia Sub Continent and the Pacific Rim. The Group's consolidated assets now exceed €2billion.

External links

• General Mediterranean Holdings official site