Hussain Sajwani the Business Mogul of the Middle East

Hussain Sajwani is a United Arab Emirates citizen and the sole proprietor of DAMAC properties. He attained his graduate studies from Washington University in the United States. His extraordinary entrepreneurial and visionary abilities have made him a successful businessman earning him a spot in Arabs’ top 100 influence people.

His journey started with his first career job at GASCO as a contracts manager. He worked for a few years before going into business. In 1982, he established his catering business which has gone on to conquer the Middle East markets.

In the mid-90s, due to the increase in the number of people coming into UAE, he tapped into the property market and became one of the pioneers in the sector. It is from this that DAMAC was established in 2002 in Dubai. The company is involved in luxurious residential, commercial and leisure properties within the Emirate.

Hussain Sajwani, the DAMAC owner, has strong foundation in legal finance, administration, sales and marketing are what has propelled DAMAC to exceptional height. The company has a vast portfolio of state-of-the-art projects in global cities such as Doha, Jeddah, London and Riyadh. The units are considered to be well over 20,000.

DAMAC properties is a publicly listed company with its shares trading at the Dubai financial market. It currently employs over 2,000 employees across the business. For its developments to have that sleek and elegant feel, the company has worked closely with other successful brands such as Versace, Fendi Casa, just cavalla, Bugatti and Paramount hotels and resorts. The company’s other significant partnership is with Donald Trump through the Donald Trump organisation where they developed two trump branded golf courses. In 2011, the company launched its hospitality division which provides excellent services over 13,000 serviced hotel rooms.

Besides business, the company has also come out to help the needy. It donated a huge chunk of money towards needy clothing children a project facilitated by Emirates Red Crescent.

In addition to owning DAMAC, Hussain Sajwani also has interests in capital markets and global equity. His interests led him to open up his company, DICO investments.

Family-wise, Hussain Sajwani lives with his wife and four children in Dubai.

 

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