What Falcon Group does

Falcon Group is a privately held Iraqi conglomerate founded in 2004, headquartered in Baghdad with branch offices in Erbil, Basra, and Kirkuk, and operating 10 wholly owned subsidiaries. Its core businesses span Falcon Security (the largest 100% Iraqi-owned registered security company, licensed to operate in both Federal Iraq and the Kurdistan Region and certified under ISO 9001, ISO 18788, ISO 14001, ISO 45001, and ANSI ASIS PSC-1), Falcon Construction (engineering, project management, and build-out with project values ranging from $93,560 to $3,133,000), Falcon Agriculture (production and distribution of wheat, barley, potatoes, watermelon, yellow corn, and tree products across 350+ acres), Falcon General Trading (including the Under500 healthy-food brand established in 2017), Falcon Beauty Services (BeautyZone luxury retail and High Body gym, est. 2019), Falcon for Technology Consulting (SAP/ERP implementation, mobile and web applications, business advisory), and Empire World (a 750,000m2 mixed-use real estate development founded in 2007).

The group serves enterprise and government clients including Iraqi government entities, international oil companies, embassies and consulates, international organizations, and private sector firms, with a go-to-market built on direct enterprise field sales supported by offices in four Iraqi cities. Revenue is generated through professional services engagements (security, construction, technology consulting, real estate leasing), physical product and retail sales (beauty products, agricultural output, trading goods), and consumer-facing brands. Underlying infrastructure includes SAP/ERP systems for internal HR automation, payroll, and attendance monitoring, and the company maintains downloadable company profiles for B2B client engagement and runs industry workshops with Tishk International University and EY-Iraq.

Falcon Group employs over 300 staff, including international professionals in key management roles such as CFO Dr. Samer H. Alssabagh. Ownership is wholly Iraqi and management-controlled, with no disclosed external investors, no funding rounds, and no public listing. The group competes on the basis of dual-jurisdiction regulatory licensing, a 20-year operational track record, capital-intensive real estate and agricultural assets, and a one-stop multi-sector service offering tailored to Iraq's infrastructure and security demand.

Name

Falcon Group

Legal name

Falcon Group

Website

https://falconiraq.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

Falcon Group is a privately held Iraqi conglomerate founded in 2004 operating 10 subsidiaries across security, construction, agriculture, general trading, beauty, technology consulting, and real estate, serving government entities, international oil companies, embassies, and enterprises across Iraq.

Ownership category

akta.pro rank

Product category

Conglomerate Diversified Services

NAICS

Management of Companies and Enterprises (551)

akta.pro primary industry

Aviation Security Training, Compliance & Audits (AVSEC Programs) (BPAKAMAH)

Keywords

• Private security services
• Construction engineering
• Agricultural production
• Technology consulting
• Real estate development

Headquarters

HQ city

Erbil

HQ country

Iraq

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Security Services: Private security services including mobile and static security, armed protection teams, access control, risk assessments, and security consulting for government entities, international oil companies, embassies, and private sector firms
2. Construction Services: Engineering, construction and investment services including planning, design, budgeting, engineering, project management, new construction, renovation and restoration. Project values range from $93,560 to $3,133,000 per project
3. General Trading: Trading of goods and products including food and consumer goods. Brand Under500 provides healthy food options under 500 calories
4. Beauty Services and Products: Beauty products and treatments including fragrances, skincare, makeup, and beauty services. BeautyZone brand operates retail stores with luxury brands
5. Technology Consulting: ERP solutions, accounting information systems, business advisory, HR and payroll advisory, management consultancy, and technology solutions including web portals and mobile applications
6. Agricultural Production and Products: Manufacturing, development, testing, registration, marketing, sales and distribution of agricultural products and equipment. Production of wheat, barley, potatoes, watermelon, yellow corn, and tree products
7. Real Estate Development: Empire World real estate development spanning 750,000m2 land area with residential, leisure, entertainment, service facilities and commercial space. Empire Business Complex offers office space to international companies

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Falcon Group is an Iraqi conglomerate operating ten subsidiaries that deliver private security services, engineering and construction, agricultural production and distribution, ERP and technology consulting, general trading of food and consumer goods, beauty products and gym services, and large-scale mixed-use real estate development. The group sells security and consulting services to government entities, international oil companies, embassies, and private firms, while also serving consumer markets through the Under500 food brand and BeautyZone retail stores.

Product overview

Falcon Group is a diversified Iraqi conglomerate with 10 companies operating under its umbrella since 2004. The group operates across seven main business segments: Falcon Security (private security services registered in Federal Iraq and KRG), Falcon Construction (engineering and construction), Falcon General Trading (retail trading with Under500 healthy food brand), Falcon Beauty Services (beauty treatments and High Body gym), Falcon for Technology Consulting (ERP solutions, mobile applications, and business advisory), Falcon Agriculture (farming and agribusiness), and Empire World (real estate development). The portfolio capitalizes on infrastructure growth opportunities in Iraq's free market economy.

Differentiator

Problem solved

Functional benefit

Brands

• Empire World: Real estate development company spanning 750,000m2 with residential, leisure, entertainment, and commercial space, described as a 'city within a city'
• Under500
• BeautyZone
• High Body Gym

Quantifiable outcome

• Largest 100% Iraqi-owned security company in Iraq serving international oil companies
• +1 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• EY-IraqminorStrategic or Co-development Partner · 29 March 2022EY-Iraq participated in an international workshop on International Accounting and Auditing Standards held by Tishk International University, with Mr. Raed Bakeer as Assurance Senior Manager delivering a session on International Standards on Auditing.
• SAPcoreTechnology or IntegrationSAP is listed as a partner for Falcon for Technology Consulting. The company uses SAP/ERP system for internal operations including HR automation, payroll processing, and attendance monitoring. Falcon provides SAP implementation services to clients.
• Tishk International University (TIU)minorStrategic or Co-development PartnerFalcon Group collaborates with Tishk International University for workshops on HR, ERP systems, and international accounting standards. Dr. Sultana Begum supervised students attending Falcon's workshops.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• G4S / Allied Universal: Global security services giant offering static and mobile security, access control, and risk management at large scale. Comparable to Falcon Security's general security offerings, though Falcon operates as a much smaller, locally-licensed Iraqi specialist.
• AECOM: Global infrastructure firm providing engineering, construction, and project management services including in the Middle East. Comparable to Falcon Construction's engineering and construction capabilities, though at vastly different scale.
• Worley: Global energy, chemicals, and resources project services company with Middle East operations serving oil and gas clients. Comparable to Falcon's exposure to international oil companies across security, construction, and real estate.
• KBR: Global engineering, government services, and security solutions provider with deep presence in Middle East conflict zones. Comparable to Falcon Security's IOC and government services work, plus Falcon Construction's engineering and project delivery capabilities.
• Securitas: One of the world's largest security services companies, offering guarding, mobile security, and security consulting. Comparable to Falcon Security's broad service portfolio, though Securitas is a global incumbent rather than an Iraqi specialist.

Direct peers

• Control Risks: Global security and risk consultancy providing risk assessments, security consulting, and protective services to multinational clients operating in complex environments. Directly comparable to Falcon Security's core offerings of risk assessments, security consulting, and armed protection for international oil companies and embassies.
• Hill International: Global construction management and project management firm with major Middle East operations. Directly comparable to Falcon Construction's engineering, project management, and infrastructure delivery services in Iraq.
• SOSi: US-based provider of security, logistics, and operational support services in conflict and post-conflict zones, including the Middle East. Comparable to Falcon Security's licensed operations serving international oil companies and government entities in Iraq.
• Olive Group: Middle East-focused security and risk management firm that has historically served international oil companies and diplomatic missions in Iraq and the wider region. Comparable to Falcon Security's oil-sector and embassy client base.

Regional players

• Al Habtoor Group: UAE-based diversified conglomerate with operations across real estate, construction, hospitality, and trading. Comparable to Falcon Group as a diversified Middle Eastern conglomerate spanning multiple sectors under one corporate umbrella.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FalconGroupIraq
• LinkedInlinkedin.com/company/falcongroup-iraq

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Falcon Group