The United Arab Emirates boasts of being home to some of the most renowned moguls in the world. In any list of these individuals, you would not miss the name of Hussain Sajwani. He is the name behind the DAMAC Group which he started in 2002. Hussain currently holds the position of CEO and chairman of this firm. He majored in Industrial Engineering and Economics at the University of Washington and graduated in 1981.
In 1982, Sajwani ventured into catering and had a successful two-decade career in this sector before founding DAMAC Group. It did not take long for DAMAC Group to establish itself as a leading property developer in the Middle East. Sajwani’s leadership was key to this achievement given his outstanding skillset in business. DAMAC Group has since gone on to handle many big projects across Middle Eastern states places as far as London.
Given DAMAC’s Group reputation, the firm has been able to form partnerships with other leading global brands. It has dealings with big names such as Luis Vuitton and the Trump Organization. Association with the aforementioned has led to a good working relationship between President Trump and Hussain Sajwani. In a recent New Year event, Trump identified the Hussain Sajwani family as great people in his books.
DAMAC Group has grown to the extent of starting a hospitality division running around 15,000 hotel rooms. In 2008, during the financial crisis, the DAMAC Owner held his own and ensured the firm’s profits were not compromised. Being able to keep DAMAC on its feet during such a crisis is what sets Sajwani apart from the rest. The firm has since grown into an economic powerhouse in the property development sector.
Besides business, DAMAC Group in the shape of its CEO has put in some money towards philanthropic causes. Sajwani contributed AED2 million aimed at clothing children in need of this basic requirement. His exploits have seen his name making its way into the list of the most influential Arabs on the planet. Sajwani can be described as one with a Midas’ touch looking for his excellent work in whatever he does.
To learn more, visit http://hussainsajwani.com/.