Hussain Sajwani was born in 1956. He is the UAE executive chairman and also the founder and CEO of the DAMAC group. The DAMAC group was started in 1992 as a specialist catering company with its headquarters in Dubai. It has offices in various parts of the world like the Middle East, North Africa, Europe, and the Far East. Hussain studied at the University of Washington where he earned his undergraduate degree in economics.

 

Hussain Sajwani’s career

After acquiring his undergraduate degree, Hussain worked as a contracts manager in GASCO, which is a subsidiary of Abu Dhabi National Oil Company (ADNOC). He established his own business in 1982 calling it Draieh Management Services Co (DAMAC) LLC that eventually became DAMAC Group.

 

He pioneered the property expansion market in Dubai and built many hotels to accommodate the increasing population turning up to conduct business activities. DAMAC has teamed up with global luxury brands like Versace and Fendi to design apartments and with Donald Trump to design golf courses.

 

Work that the DAMAC group is involved with

DAMAC is a company associated with glitzy property developments and has recently engaged in golf course projects with Donald Trump. It started off in 2002 as a private residential, leisure and commercial developer in Dubai and the Middle East. It has then expanded rapidly to North Africa, Jordan, Lebanon, Qatar and Saudi Arabia. DAMAC properties mainly deal with the acquisition of land, appointment of architects and designers, constructions and sales of finished projects.

 

Hussain Sajwani and Donald Trump

Hussain has recently been in contact with Donald Trump, and they are ready to become business partners. Sajwani is ready to enhance business relations with the Trump organization. The two have already collaborated on the Trump International Golf Club, and the luxury villas have accumulated sales of about 2 billion dollars.

 

Today, Hussain Sajwani is a wealthy businessman. He has acquired most of his wealth from the real estate business. His business strategy which involves collaborating with other firms like Versace has given a competitive edge and ensured his success in business.

Learn more:

http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots

http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566

Comments closed.