Hussain Sajwani is a successful businessman, entrepreneur, philanthropist as well as a great leader. His businesses in the real estate, tourism and hospitality industries have been very successful. The success has led to his recognitions widely. He has been featured as one of the most influential Arabs in a popular list. The Dubai-based billionaire looks to expand his business to Asia.
The DAMAC owner was born in 1952/1953 in the UAE. As a young boy, he helped his father in their family business. The business built him experience-wise and in the process, he developed the helpful heart. While operating his family’s shops, he sold watches.
He was sponsored by the UAE government to study Economics and Industrial Engineering in the University of Washington in the United States. He multitasked learning with selling apartments, his early source of income. After graduating, he proceeded to work in a company that built his experience significantly.
Hussain Sajwani banked on his ideas to get money. When he realized he was good at it, he decided to start a catering business which grew rapidly to become a global company with presence in over 3 continents.
While pondering about viable investment opportunities, he realized that the real estate sector was very lucrative at the time. He didn’t hesitate to start a real estate business which now goes by the name DAMAC Properties. The company grew rapidly to develop prestigious towers in Dubai.
While developing and investing, the forward vision of the UAE government caught his attention. He decided he would support projects that would propel UAE forward. DAMAC Properties went public, then, global. The property development company prides itself of developing over 17,900 homes as well as over 44,000 units. Being featured as one of the fastest growing companies in the world by Forbes was its epitome of success.
Hussain Sajwani’s Vision
The DAMAC owner’s attention has been attracted to the status of the economy across Asia. The middle-class is growing bigger each day. The fast-growing economy in the Asian countries is a good recipe for investment. According to Sajwani, he is going to increase DAMAC Properties’ presence in China. The renowned businessman is a calculated risk taker.
Other Portfolio Businesses
Hussain Sajwani is also affiliated to DICO Investments, Akyon Maldives Resort as well as Mina Al Sultan Qaboos. See Sajwani’s accolades.
More details here: https://www.forbesmiddleeast.com/en/tag/hussain-sajwani/