Hussain Sajwani is the successful business owner at the head of DAMAC Properties. He started out working in the family business. He views this part of his life as being instrumental in making him the person he is today. While a student in the US he got by selling timeshare apartments. His first job was with a financial institution where he processed payments for contracts for 2 years.
In the year 1982 he opened up a catering business that quickly grew and in no time was serving up to 150000 meals per day. Hussain Sajwani noticed the growth in the property market and decided he was interested in becoming a part of it. He started out developing small hotels and today he is involved in the development of the large building in upmarket areas.
In the year 2000 with the real estate market, open Hussain Sajwani established Damac Properties which have grown very quickly and is no longer confined to projects in Dubai. This has been a result of his vision and the fact that he has allowed his employees the freedom to pursue the course they see fit. The company has built more than 17900 homes and this can be attributed to the fact that he quickly identifies and acts on business opportunities.
According to alkhaleej.ae, DAMAC Properties is a very diverse company with employees from 77 different nations. This ensures that there are varied opinions and ideas brought to the table during any project. Mr. Sajwani maintains employee job satisfaction by ensuring that there are opportunities for advancement. Apart from setting clear goals, Hussain Sajwani believes in staying informed as current events often provide opportunities for new ventures. He also uses social media and to engage employees and clients.
About Hussain Sajwani
Real estate entrepreneur Hussain Sajwani is the world’s 10th Richest Arab but that was not always the case. He was born in 1952 to an Indian father who sold watches in the town of Sharjah, UAE. He got a scholarship to study in the United States of America from the United Arab Emirates government and graduated with a degree in Economics and Industrial Engineering from the University of Washington.
Read this post here: https://www.albayan.ae/economy/capital-markets/2018-08-15-1.3336069
James Dondero is a successful businessman and philanthropist with a passion for reaching out and doing what he can for his hometown of Dallas Texas. James started his path into the financial industry by attending the University of Virginia’s McIntire School of Commerce for finances and accounting, to which he earned a Bachelor of Science Degree for each. Visit his website at jamesdondero.com. James Dondero accepted his first genuine business world position with JP Morgan Chase & Company where he created a successful financial training program that launched him into his dream job at American Express. Between the years of 1985 and 1989, James would be in charge of managing one billion dollars in fixed income funds before transitioning once again to the title of Chief Investment Officer for Protective Life’s GIC Subsidiary in 1989. James Dondero took what was once a wishful thought of a company, to a successful two billion dollar success story. It wasn’t until 1993 that James would decide to bite the bullet and make an investment firm of his own, and so, Highland Capital Management was born. With a decent education under his belt and a plethora of knowledge in the financial industry, James Dondero quickly became known as one of the leading alternative credit managers in the world. Along with his successful maneuverings around the business community, James also made friends in the world of philanthropy, Mary Jalonick, CEO, and President of the Dallas Foundation in Texas became a close business partner.
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