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	<title>Empire World Archives - International Finance</title>
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		<title>Empire World: Iraq’s most ambitious real estate project</title>
		<link>https://internationalfinance.com/real-estate/empire-world-iraqs-most-ambitious-real-estate-project/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=empire-world-iraqs-most-ambitious-real-estate-project</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 21 May 2025 07:24:54 +0000</pubDate>
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		<category><![CDATA[Empire World]]></category>
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		<category><![CDATA[Iraq]]></category>
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		<category><![CDATA[Kurdistan]]></category>
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		<guid isPermaLink="false">https://internationalfinance.com/?p=52609</guid>

					<description><![CDATA[<p>Empire World represents a USD 2.7 billion investment in the rapidly growing and economically autonomous Kurdistan region in northern Iraq</p>
<p>The post <a href="https://internationalfinance.com/real-estate/empire-world-iraqs-most-ambitious-real-estate-project/">Empire World: Iraq’s most ambitious real estate project</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Empire World is known as one of the largest and most ambitious real estate developments in Iraq. The venture has captured the attention of the Kurdistan Regional Government (KRG) due to its inclusion of high-end residential units, villas and apartments with modern designs, alongside a luxury hotel and vibrant entertainment such as restaurants, cafés, gyms, and expansive green areas that are environmentally friendly.</p>
<p>In recognition of its scale and impact, Empire World was recently honoured with the prestigious international title “Most Innovative Mixed-Use Real Estate Project—Empire World—Iraq 2025,” presented by International Finance.</p>
<p>International Finance is known for celebrating excellence in both residential and commercial real estate developments in emerging markets, specifically honouring those who deliver consistently valuable and engaging experiences for customers.</p>
<p>Launched in 2006, Empire World has committed itself to delivering the highest standards in construction through world-class engineering teams and premium materials. By 2007, the project opened its doors, offering residents access to some of the most luxurious housing (Royal Villa) in Erbil. The project also boasts a wealth of turnkey office spaces, offering ideal environments for businesses to grow and thrive, all within a single, sprawling complex.</p>
<p>Empire World represents a USD 2.7 billion investment in the rapidly growing and economically autonomous Kurdistan region in northern Iraq. As a result, it has earned a high-ranking status among global commercial developments. Winning the International Finance Award further solidifies its standing on the global stage.<br />
<img fetchpriority="high" decoding="async" class="alignright size-full wp-image-52612" src="https://internationalfinance.com/wp-content/uploads/2025/05/IFM-Empire-World1.webp" alt="IFM-Empire World1" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2025/05/IFM-Empire-World1.webp 440w, https://internationalfinance.com/wp-content/uploads/2025/05/IFM-Empire-World1-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" /></p>
<p>Located in Erbil, the capital of Kurdistan, the Empire World development exemplifies architectural innovation and commercial excellence. It marks a turning point in the region’s urban growth, placing it among the leading development hubs in Iraq.</p>
<p>Erbil’s outlook has been brightening with rapid development and increasing investment interest. The city has become a magnet for investors seeking high-potential opportunities, signalling a promising economic future. With significant investments in infrastructure, energy, and transport, the Kurdistan region is emerging as a gateway for broader investment in Iraq.</p>
<p>At each stage of construction, the Empire World project was designed to respond to the region’s market needs, particularly the housing deficit. Its location further enhances its strategic value. It is near Erbil International Airport and adjacent to one of the city’s largest parks—Sami Abdulrahman Park.</p>
<p>Empire World was carefully planned to provide everything an individual might need—residential units, entertainment spaces, green zones, and a thriving business environment. The quality of its housing units has earned a reputation as the best in the region, and its office complexes provide an ideal setting for businesses to flourish.</p>
<p>What makes Empire World stand out as one of the largest and most successful projects in Iraq are features like a mix of zones for business, residential, hospitality, and leisure, massive land area covering 750,000 square metres (300 acres) and a total project budget of $2.7 billion, promising long-term value and impact.</p>
<p>Empire World also has 88 towers, 300 luxury villas, along with other comprehensive facilities including a mosque, medical clinic, gym, shops, and restaurants. The presence of the JW Marriott luxury hotel has elevated the project&#8217;s status by leaps and bounds.</p>
<p>To date, 70% of the Empire World project has been sold—a testament to the demand and trust it has garnered. As one of Iraq&#8217;s most ambitious real estate endeavours, the project’s high quality and modern design continue to attract foreign companies looking to establish offices in a sophisticated and business-friendly environment. Empire World has also become home to many start-ups, offering them ideal conditions to grow and succeed in Kurdistan.</p>
<p>Due to the project, over 1,000 foreign and local employees have found work opportunities, contributing to the region’s economic development and signalling positive momentum for Kurdistan’s job market.</p>
<p>According to Empire World Chairman Peshraw Agha, one of the project’s major milestones was the early success of Royal City, a sub-project comprising 300 royal villas. These were sold out even before 2010, just four years after construction began. Today, real estate values in Royal City have more than tripled, reflecting the strong market and growth potential in the area.</p>
<p>Empire World consists of multiple sub-projects that have collectively contributed to its success, including Empire Square (residential and commercial), Empire Wings (West and East), Empire Diamond (West and East), Empire Business Complex, Empire Business Towers, Royal Villas, Royal Apartments, JW Marriott and Empire Luxury Restaurants. These projects were built with high-quality materials and modern design principles, adding long-term developmental value to the city of Erbil.</p>
<p>Being awarded the &#8220;Most Innovative Mixed-Use Real Estate Project—Empire World—Iraq 2025&#8221; can be summed up as a landmark achievement for Iraq’s real estate sector. Empire World has successfully contributed to regional development, created extensive job opportunities, and delivered a world-class urban experience that&#8217;s been shaping the future of living and working in the Middle Eastern country.</p>
<p>The post <a href="https://internationalfinance.com/real-estate/empire-world-iraqs-most-ambitious-real-estate-project/">Empire World: Iraq’s most ambitious real estate project</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Empire World wins big at International Finance Award 2022</title>
		<link>https://internationalfinance.com/real-estate/empire-world-wins-big-international-finance-award-2022/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=empire-world-wins-big-international-finance-award-2022</link>
					<comments>https://internationalfinance.com/real-estate/empire-world-wins-big-international-finance-award-2022/#respond</comments>
		
		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 21 Oct 2022 06:21:54 +0000</pubDate>
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		<category><![CDATA[Peshraw Majid Agha]]></category>
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		<guid isPermaLink="false">https://internationalfinance.com/?p=45183</guid>

					<description><![CDATA[<p>Empire World embraces its aim to support Iraq's economic recovery on the solid foundation of a free market economy</p>
<p>The post <a href="https://internationalfinance.com/real-estate/empire-world-wins-big-international-finance-award-2022/">Empire World wins big at International Finance Award 2022</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Empire World, a private real estate development corporation, found in 2007 with the vision of a wealthy future for Erbil, Iraq&#8217;s Kurdistan region. Empire World was recently awarded the &#8216;Fastest Commercial Real Estate Developer Iraq&#8217; at the International Finance Award 2022. </p>
<p>Due to the high standards and principles upheld, Empire World has emerged as a market leader in real estate.</p>
<p>Empire World, a pioneer in real estate development, embraces its aim to support Iraq&#8217;s economic recovery on the solid foundation of a free market economy.</p>
<p>Empire World achieved success via the development of a variety of projects, including multi-functional commercial offices, hotels, leisure and entertainment facilities, and residential developments.</p>
<p>Empire World’s latest project, the ‘Empire Square Project’, is located northwest of the Empire Project. A total of 720 apartments are spread over four buildings. The project&#8217;s total size, which consists of both residential and commercial space, is 168,497 m2.</p>
<p>The Empire Square Project provides the best of facilities that include a separate kitchen, linear grill type AC, garbage chute, LPG system, and ceiling height 3.3m, which is one of the reasons why Empire World has always been able to outshine its competitors.</p>
<p>Mr. Peshraw Majid Agha, Chairman of Empire World, stated that the company is highly dynamic and structured, ensuring consistency and quality in all business aspects. </p>
<p>&#8220;Our local and international people are our key to achieving excellence. We offer a pioneering spirit complemented by integrity and honesty, and we value the contribution of our highly motivated individuals working in harmony as a team. The Empire World team strives for one unified goal – excellence without compromise,&#8221; he added.</p>
<p>Empire World stimulates the private sector and creates employment opportunities while supporting sustainable development. Their strategy is straightforward: remain fully engaged in the region by investing in its future while continuing to cultivate value for Iraq and the Kurdistan Region.</p>
<p>Peshraw Majid Agha further said, “Our product is unique in all of Iraq. Our master-planned community offers a lifestyle destination for life, work, and play. We provide a comfort and quality level unrecognizable in other developments in the area. Our clients are discerning, and we exceed those expectations&#8221;.</p>
<p>Empire World delivers world-class products and services not limited to property development but rather in every chosen business activity.</p>
<p>Since 2019, Empire World has successfully achieved full digital transforming by shifting its Accounting Information System (AIS) to ERP-SAP along with full comply with the International Financial Reporting Standards (IFRSs), which led to a significant advanced level of the effectiveness and efficiency in its operations.</p>
<p>In 2021, Empire World has gained ISO9001certificate for its Management Information System (MIS), which re-identified the company in an excellence level in the real-estate development in the Iraqi market.</p>
<p>The post <a href="https://internationalfinance.com/real-estate/empire-world-wins-big-international-finance-award-2022/">Empire World wins big at International Finance Award 2022</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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