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