AMS Holdings is a single family office which represents the interests of Ali Shawkat’s family. It is actively involved in the management of a diverse portfolio of investments in private equity, public equity and real estate.
Headquartered in the DIFC, Dubai, the company employs a team of highly qualified professionals who operate its investments in line with the policies and values set out by its founder Ali Shawkat.
The entrepreneurial Ali Shawkat has been building and investing in cutting edge businesses for over 20 years. After completing his B.A.Sc in Bio Resource Engineering from the University of British Columbia in 1998, Ali Shawkat founded his first company, Zoolink Communications, in Canada. The company went public on the Nasdaq stock exchange in 2001 and contributed to the development of the first indoor wireless LAN in joint venture with Nokia.
His expansive understanding of the telecommunication world led him to Iraq in 2003 where he established Iraq’s first private telecom company. Its clients included BearingPoint, Boeing Satellites, the Coalition Provisional Authority, KBR, the Multi National Forces in Iraq, Parsons, and the US Army to name a few. Through his telecom company, he cofounded Iraq’s first and largest mobile company MTC Atheer (now Zain), which garnered a base of over 8 million customers within 5 years.
Ali Shawkat has always been an innovator and has maintained a diverse portfolio of private investments in a multitude of cutting edge companies in the fields of medicine, technology and media.
AMS founded Zoolink, an internet service provider in Canada. The company later specialised in wireless communications, partnering with Nokia to build the largest indoor wireless LAN in the world, at that time, in Vancouver International Airport.
AMS founded a data centre hosting provider with 2 state of the art data centres in Canada servicing the North American Market. The company was amongst the first to offer managed hosting services worldwide.
DTC was Iraq’s first telecom company providing telecom infrastructure, wireless communications and internet services. It was founded by AMS and with time accumulated a list of notable clients such as Boeing SSI, KBR, the Multi National Forces in Iraq and the US Army.
AMS co-founded Atheer to bid on one of three 2 year licences tendered by the British army to form one of Iraq’s first mobile companies. The company later known as Zain garnered 8 million customers within its first 5 years of operation, making it the countries largest mobile company.
AMS built Passion Media, an outdoor media company with billboards across all of Iraq. The company also had billboards in Baghdad International Airport. At its height, Passion Media had more that 12,000 m2 of advertising with over 800 signs in Baghdad alone.
Passion Investments was established as the public and private equity investments arm for AMS. It provided financing for businesses in the high tech, media and medical fields.
AMS invested in Genuine First Aid and financed the build out of the company’s manufacturing facilities in China. GFA today manufactures a wide range of soft medical products for Walgreens, Walmart, K-Mart, CVS, Target and Costco among many others.
AMS invested in Okyanos and financed the buildout of a state of the art health care facility in the Bahamas. Okyanos delivers a unique procedure to treat heart disease utilising stem cells. The life changing procedure has been implemented on hundreds of patients successfully.
AMS established a single family office in Dubai.
AMS Holdings is a forward thinking company that draws from past successes to positively impact the future.
At AMS Holdings, we value integrity. We are committed to delivering success that is achieved through honesty and the dedication to deliver what is promised.
We strongly believe in maintaining uncompromising quality. This is achieved through attention to detail that spans across all our investments.
We pay strong attention to our local community. Innovation and stable capital growth can, and should, go hand in hand with social responsibility.
Lastly, we are committed to building and investing in businesses that are not only profitable financially, but that also enhance the lives of their customers.
AMS Holdings is involved in a multitude of investments and organically grown businesses. These enterprises are spread globally across a variety of sectors.Past and Present Investments: