Dubai’s Businessman Hussain Sajwani’s Success In The Real-Estate Sector
- Written by: travelingman
- Category: Real Estate Business, Real Estate Coaching
- Published: October 26, 2018
Hussain Sajwani is a very successful businessman in the UAE, and he lives with his family including his wife and four children. He is the founder of DAMAC Properties. Born in 1963 in a business family where his dad ran a small shop that sold China imported goods, watches and shirts. He later earned the government scholarship to go study in the U.S. where he attended the University of Washington he received a degree in Industrial Engineering and Economics.
In 1981, after graduation, Hussain Sajwani went back to Dubai where he started his career in the finance department of Abu Dhabi Gas Industries where he left two years later to start his catering business. The catering venture was working well with international clients including the construction goliaths Bechtel and U.S. military.
Sajwani menioned to albawaba.com in an interview that in 2002, Hussain Sajwani joined the property development industry by founding DAMAC Properties that is among Middle East’s top property development companies. The company has developed 19,000 properties since 2002, and in 2015, it started trading its shares in the Dubai Financial Market. The company has constructed some famous projects including the huge golf course that is managed by Trump Organization, and the huge luxurious apartments that have interiors designed by Fendi and Versace as well as Huge resorts that were constructed after the DAMAC and Paramount Pictures Partnership.
Hussain Sajwani and Donald Trump are good business friends since both are successful businessmen in the property development sector. Hussain Sajwani attended a New Year’s Eve event in U.S.A together with Donald Trump after the successful election of Trump as the U.S. president. Sajwani stated that he is not interested in politics but believes that DAMAC’s relationship with Donald Trump’s business is going to improve.
Besides having a successful career, Hussain Sajwani is philanthropic and takes part in some charity work. Some of the charity works that he has taken part include the contribution of AED two million towards the project launched by Dubai’s ruler Sheikh Maktoum Al Maktoum that aims at providing a dressing for young children around the world. The contribution he made can provide clothes for 50,000 children around the world. View Sajwani’s accolades here.
Full article: https://www.forbesmiddleeast.com/en/tag/hussain-sajwani/