Husain Sajwani Improving Dubai’s Economy

Hussain Sajwani is a successful entrepreneur from the United Arab Emirates who serves as the founder and CEO of DAMAC Properties. Moreover, Mr. Sajwani is the Chairman of the Board of directors of DAMAC Properties. Hussain is an alumnus of the University of Washington where he earned a Business degree in Economics. After college, he started his career journey as a contracts manager at GASCO which is a subsidiary firm of Abu Dhabi National Oil Company.

 

After a series of hard work, Hussain left to start his own business and thus DAMAC Properties was established. The company began as a food catering company offering foods services to many institutions around Northern Africa, Europe, and the Middle East. DAMAC Group was the sole supplier of food products to renowned companies including the U.S. military. DAMAC Properties, a real estate developer, was officially established in 2002 with the aim of providing best products to clients. Learn more: http://www.forbes.com/profile/hussain-sajwani

 

The DAMAC owner entered the real estate market with a strategy when non-Emiratis were allowed to own property after the Emirati government had passed the rule. Therefore, many non-Emiratis were looking for property thus they posed as Sajawni’s primary customers. DAMAC has improved its business and currently provides many products including residential, commercial and leisure properties.

 

DAMAC has already delivered 18, 500 homes, 13, 000 hotel rooms and 40, 000 units which are still in progress. Moreover, Hussain is the founder of Hussain Sajwani family that has benefited his family. Mr. Sajwani has a good relationship with the U.S. President, Donald Trump both business and family wise as they celebrated the New Year Eve together. The two entrepreneurs have worked together in many projects such as in the construction of the Trump International Golf Club and the Trump World Golf Course designed by Tiger Woods which will begin its operations in 2018.

 

Moreover, Hussain is a philanthropist who has supported many organizations. Mr. Sajwani contributed AED 2 million to an event led by the Ruler of Dubai for providing clothes to over 50,000 children. Also, he donated AED 1 million to the UAE compassion campaign primarily to fund refugees in Jordan and Lebanon. Hussain Sajwani is positive about taking DAMAC to greater heights by providing high-end real estate products. Learn more: http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566