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People & Institutions

Sadiq Abbas Muhaibis

Investment licence of the National Investment Commission, for the project: Karam Al-Sadiq medical complex.

صادق عباس محيبس

All investment licences

Legal status

Not charged as of the date of writing

Not charged as of the date of writing. The investor holds two NIC licences in Basra, for a medical complex (2016, recorded 35% complete) and a commercial complex (2020). No official finding, court case, sanction or credible press accusation was found. The search was limited and should be repeated (status as of 5 October 2026).

The licence as listed

The list of licensed projects of the National Investment Commission.
Licensing body
National Investment Commission
Licence number
72/2016
Date of grant
8 February 2016
Sector
Health
Project
Karam Al-Sadiq medical complex
مجمع كرم الصادق الطبي
Licensee
صادق عباس محيبس (Iraqi)
Province
Basra
Location
البصرة
Stated cost
$4.2 million
State of the project
Under way (35% complete)

Who is behind the licensee

individual
People connected with the licensee
NameRoleLegal statusSource
صادق عباس محيبس
Licensee (individual investor), NIC licences 72/2016 (Karam al-Sadiq medical complex) and 384/2020 (Karam al-Sadiq commercial complex), BasraNot charged as of the date of writing
Not charged as of the date of writing. No charge, court ruling, sanction or official finding was found in the sources read. Provisional, because the search for this name was limited (status as of 5 October 2026).
Not stated

What official and press reports say

Official findings
None found in the sources checked.
What became of the project
Medical complex: the NIC register records completion of 35% and lists no obstacle. Commercial complex: no completion figure ('؟') and no obstacle. No public report on either project was found.
Other contracts with the state
Two NIC licences in the register. First, Karam al-Sadiq medical complex (مجمع كرم الصادق الطبي), health sector, licence 72/2016, cost USD 4,200,000, Basra; the date cell reads 2 August 2016 (8 February or 2 August 2016). Second, Karam al-Sadiq commercial complex (مجمع كرم الصادق التجاري), commerce sector, licence 384/2020 of 15 July 2020, cost IQD 2,421,000,000 (about USD 2.03 million at 1,190 dinars to the dollar), Basra. No other government contract found.

Other licences of the same licensee