Founded by Al Janoob Islamic Bank and World Islamic Bank Costing USD 90 Million (50% owned by Al Janoob and World Islamic Banks) a project to manufacture glass bottles through the help from the German Consulting CM Company which known for its technological inventions. It has a Project capacity of producing 400millon bottles yearly during “Phase One'. This is located in Baghdad suburbs and the project is Eco-friendly and deal with local raw materials thereby expected to boost Iraqi industrial, financial and create many job opportunities.