ABOUT US
The Success Story of ZK Holding
Under the umbrella of ZK Holding, sister companies with decades of experience continue to solidify their position as a driving and pivotal force in supporting the UAE economy. Building on its extensive expertise, the company seeks to adopt strategic initiatives that enhance sustainable development for institutions and individuals, especially in light of the major transformations the global economy is witnessing in terms of diversification and openness.
Our establishment is based on the legacy of our companies, which serves as a fundamental pillar in our journey toward leadership. We continue to expand our horizons for growth and elevate our global standing, committed to a clear strategic vision and steadfast principles. ZK Holding operates under the supervision of the Abu Dhabi Global Market, reflecting our commitment to transparency and financial practices that ensure sustainable progress and strengthen trust in all our dealings.
ZK Holding is an Emirati company headquartered in the capital, Abu Dhabi. It is an integrated company that brings together several firms operating in various countries, focusing on stimulating and developing economic growth, especially in markets with significant investment opportunities such as Iraq, the UAE, and many others.
ZK Holding boasts a diverse investment portfolio, including a wide range of leading brands, demonstrating its ability to keep pace with market developments and meet the needs of various economic sectors. This diverse portfolio enhances the company’s position as a trusted strategic partner, contributing to achieving its goals of sustainable growth and expansion locally, regionally, and globally.
Our Vision:
To be pioneers in innovation and development, achieving excellence and leadership in the global knowledge economy.
Our Mission:
Providing ideal opportunities to drive economic development, grounded in our professionalism and commitment to ensuring a prosperous future for the future generations.
OUR VALUES
We reshape perceptions by adopting a global vision that sets new and unprecedented standards of expectations.
Investing in human and material potential through collaboration and joint effort to achieve our limitless ambitions.
We are committed to fulfilling our promises, building bridges of trust, and fostering lasting loyalty through relationships based on transparency and credibility.
We strengthen strategic partnerships to lead transformation and unlock new opportunities that contribute to supporting economic development toward a promising future.
Our Leadership Journey
Leadership and Progress with a Future Vision
ZK Holding’s establishment is rooted in the legacy of its sister companies, founded in the 1960s by the prominent Khalaf Abdul Karim family. ZK Holding has solidified its presence through its sister companies, which have captured a significant market share within the Iraqi market across various sectors, including banking, insurance, energy, and tourism, making it one of the influential economic forces in the region. This success is based on a strategic vision aimed at achieving global leadership. Under the leadership of Dr. Zead Khalaf, the second-generation Chairman, the company is steadily moving toward a bright future, relying on well-planned strategies to address current challenges and seize future opportunities.
With his extensive expertise and leadership roles in many international and regional organizations, Dr. Zead Khalaf contributes to enhancing the company’s global standing through his key positions. He is a member of the United Nations Economic and Social Council in Geneva, a board member of the Union of Arab Banks, and a member of the International Chamber of Commerce in the UAE. Additionally, he serves on the board of trustees of the Arab Academy for Banking and Financial Sciences, reflecting the company’s commitment to international growth directions.
Dr. Zead Khalaf was also awarded the Arab Tourism Medal of the First Degree, recognizing his significant role in promoting the Arab tourism sector. This recognition is a testament to his strategic vision, which contributes to sustainable economic growth and development in the region.
This leadership legacy and ongoing achievements serve as the cornerstone of ZK Holding’s success, reaffirming its continuous commitment to excellence and leadership both locally and globally.
Our Principles
Fostering Innovation, Trust and Leadership
Through an integrated system comprising eight interconnected operational sectors, ZK Holding has distinguished itself by achieving rapid growth, placing it at the forefront of holding companies. This success is built on over six decades of expertise, with an exceptional ability to adapt and respond to rapid market changes. Our strategic vision focuses on building strong and impactful partnerships, reinforcing our position as a key player in the market and ensuring continued excellence.
Advancing with Determination
as Khalaf Abd Karim Contracting Company
OUR ORIGINS
Our foundation is built on the legacy of our sister companies, which began their journey in the 1960s as a contracting firm under the name “Khalaf Abdul Karim.” Today, ZK Holding stands at the forefront of leading economic companies, offering a distinguished model of innovation, diversity, and sustainability. This success has been achieved by developing a comprehensive portfolio that includes various sectors, such as banking, insurance, energy, logistics, industry, in addition to information technology, real estate, and tourism services. Our vision is that each company in our portfolio contributes through its strategic diversity to supporting sustainable economic growth across the region as a whole.
Begins
1960
With the start of his professional career, Mr. Abdul Karim founded “Khalaf Abdul Karim Contracting Company,” which developed tremendously to become the third-largest contracting company in Iraq.
Contracting in Iraq
1960 – 2011
With visionary leadership and a strategic approach, Khalaf Abdul Karim Contracting Company overcame difficulties and successfully completed major real estate projects. This success enabled the company to solidify its position as a key driver of economic growth, contributing to economic stimulation and sustainable development.
Bank (IDB)
2011
The Khalaf Abdul Karim family holds the largest stake in the International Development Bank, a leading institution in the Iraqi banking sector.
Services
2014
The Arab Payment Services Company was established to provide electronic payment solutions in Iraq, alongside offering secure card authorization services for companies.
Insurance
2015
Al-Sharq Insurance was founded with the goal of offering a comprehensive range of insurance services to companies and individuals across Iraq.
Steel
2016
Doma Steel Company was established to meet the needs of businesses in Iraq, becoming the primary supplier of high-quality sandwich panels.
Company
2021
First Finance Company was founded to meet the needs of businesses in Iraq by offering innovative financial solutions and providing training and mentoring programs throughout the country.
