Hussain Sajwani is one of the wealthiest people in the UAE. He is the Founder and Chairman of DAMAC Properties, a property development firm based in Dubai. He founded the company 16 years ago after Dubai’s government allow foreigners to own properties in the UAE. What are his achievements as the Founder and Chairman of DAMAC? The exceptional entrepreneur has helped DAMAC grow from an unknown start-up to one of the largest and most-influential development company in the UAE. In 2013, the visionary helped his company become the only company from Dubai to be listed on the London Stock Exchange.
The property development firm has built over 20,000 homes. It generates over 1.9 billion in cash flow every year. These accomplishments can be attributed to Hussain’s leadership skills and cerebral planning and marketing strategies.
Education and Career
Hussain Sajwani is an alumnus of the University of Washington, where he earned a bachelor’s degree in Economics and Industrial Engineering. After graduating, he landed a job at one of Abu Dhabi National Oil Company’s subsidiaries, GASCO. He served shortly as one of the company’s Contacts Managers. After a few years, he quit the job to start a catering company, Global Logistics Services. The catering venture became a global giant. It currently manages numerous projects and serves over 200,000 meals a day. Apart from catering services, Global Logistics Services also provides other services like camp management and labor supply.
In 2002, he started DAMAC, as stated in a post published at https://www.alarabiya.net/. Just like his first company, it became an instant hit. DAMAC has worked with numerous organizations and individuals to help transform Dubai from an unknown fishing village to a beautiful haven. In 2013, for instance, the company partnered with one of Trump’s companies to build Trump-branded golf courses in the beautiful city, Dubai.
Hussain Sajwani is also the Founder of Al Anwar Ceramic Tiles Co, one of the largest ceramic tiles manufacturing companies in the UAE. Apart from entrepreneurship, the visionary is also involved in philanthropic activities. Through DAMAC Properties Hussain has contributed millions to help fight poverty around the world. He makes generous contributions to initiatives that support youth entrepreneurship.