Jacques Sarraf is one of Lebanon's most prominent industrialists
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Growing a Lebanese enterprise in the Middle East is fraught with risk and uncertainty but can sometimes reap huge profits. The company which embodies both the latter and the former is Malia Group, which has expanded from an industrial company into a regional holding active in six sectors. Executive chatted with chairman Jacques Sarraf about business wins and challenges in Iraq, Syria, and North Africa. As a Lebanese business leader, what is your perspective on investing in Iraq today? We are going to talk about Iraq? I am happy. I like that you think about Iraq. This is the way we make money. How long have you been active in Iraq with Malia Group? We have been in Iraq since 1997, after the agreement between Iraq and the United Nations was signed to exchange food and [medical] drugs for oil. We succeeded to get contracts through the UN