Hussain Sajwani is a respected and one of the most recognized entrepreneurs in the United Arab Emirates. He was the founder of the Global Logistics services which is a catering venture that serves a very large market today and has also been able to support and start a significant number of project. This company was one of the first ventures he started after working for other companies for a long time. He is a graduate of University of Washington with a bachelor’s degree in industrial engineering and economics. He came from a humble background where his father used to sell watches and pens, and his mother was a local hawker. He worked hard despite his background and after graduating from his high school, he was one of the students who qualified for government scholarship. This is how he went to the University of Washington.
After his education, he worked as a contract manager at GASCO after which he moved the Abu Dhabi National Oil company as one of the staffs in the finance department. It is at this time when he learned how to manage the business and got the idea to start his ventures where his first venture was the Global Logistics services. He also founded the DAMAC Properties Company which is a firm that focuses much on the real estate management.
Under his leadership as the founder, the president and the CEO of DAMAC Properties, the company has gone through rapid growth and development over the years. Hussain had identified a business gap that existed in the building and construction sector, and this is what gave him the idea os staring the DAMAC Properties. The company has managed to build a lot of residential apartments in different countries. The company has been able to operate under effective principles that have made it not to have any depts. On land and has been able to be experiencing positive cash flows.
The DAMAC owner also partnered with Donald Trump Organization where they were able to develop the Trump-branded courses. The Hussain Sajwani’s family has also had a close relationship with Donald Trump where they have managed to support and develop a significant number of projects.
An interesting article about Hussain Sajwani’s heart of gold: http://www.albawaba.com/business/pr/damac-needy-children-518106