Having a one lifetime opportunity to be among the most respected business people in the whole world can be an excellent reputation to hold. Hussain Sajwani has been through much, and his struggle has managed to achieve the best. Moving through different fields of career before settling for his current one was a hustle Hussain had to pass through.
With a degree in Economics and Applied Engineering from Washington University, Hussain still knew he had to do more. He used his education as a stepping stone in moving through business trials. Hussain was born in Dubai, with an entrepreneur father who was involved in the business of selling imported watches.
A successful career always starts down going upwards. Hussain began his entrepreneur career by first working for Abu Dhabi Oil Company in the financial department. With the continuous increase in demand for oil and its products, Hussain wasn’t so assured of his future job security. This was because of the decline in oil sources in the long run. Hussain opted to retire from the oil company and invested in catering. He was assured of constant customers from the foreign investors present in Dubai. Apart from them, other customers were the US Military and Bechtel.
In the year 2002, Hussain extended his investments grounds by forming his own property managing company named DAMAC Properties. He never abandoned his catering business that is still operational with the name Global Logistic Services.
DAMAC Properties was one of the pioneers of the Dubai’s property market. This was an advantage due to less competition in the industry at that time. This gave DAMAC a better chance to grow with less competition in the market.
Under the management of Hussain, DAMAC has been able to construct about 19000 apartments and still has over 44000 other in progress. Hussain Sajwani built the golf course designed by Tiger woods that is managed by The Trump Organization. Trump also hopes to extend business partnership with Hussain Sajwani in the future.
Hussain is a man with humanitarian efforts at heart. In 2007, he participated in the charity of supporting one million Arab needy children. With the excellent reputation that DAMAC Properties holds in the market and increased profits seen, the DAMAC owner was ranked as the fourth richest Arab in the Forbes 2018 rankings.