Siti Group, with its experience, successful business life and structured organization, is ready to support the development of the country, IRAQ.
Iraq, at the crossroad of culture and commerce, has enormous potential to develop and grow. Young population, 70% living in cities, increase and change in shopping and eating habits, logarithmic growth of number of Shopping malls and centers in big cities, no multinational competition, recovered safety and security, low inflation, stability in currency, low taxation (such as zero VAT) and custom duties and ease of accessibility by both land and air, introduce this country a high potential to invest.
Siti Group, with its wide experience in Iraqi market, excellent Logistic and Distribution system, well established company ethics and financial control, contacts in North and South Iraq and strong financial ability, is ready to invest to other business categories.The Company, besides its Sales&Marketing business, already started to invest into Retail Business
in 2018 and executing a growth in 2019 mainly in Baghdad and other cities. Siti Group intends to invest to other Retail categories by introducing well known multinational brands which should attract especially the young and/or mid age target groups with its quality, price range, trendiness and brand popularity.
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To be a Corporate Holding company in 4 years period in our three business sectors by increasing our revenue over 1 Billion USD profitably.
This will enable us to invest to our present businesses and/or to enter new business categories for expansion.
With its experience, successful business life, structured company is ready to support the development of the country.