Hussain Sajwani is the founding father and the CEO of DAMAC Properties. He was born in Sharjah which is in the United Arabs Emirates. He took an Engineering and Economic course at the University of Washington after he got a government scholarship to go study in the US. He later started his career in 1981 where he was working in the department of finance at Abu Dhabi Gas Industries.
He would later quit his job and invest in the hotel industry where he started a catering venture. He eventually became a renowned entrepreneur with a lot of interest in real estate and catering industries. In the year 2002, he started DAMAC properties that have managed to be the biggest properties development company within Middle East. Under the leadership of Hussain Sajwani, his small catering business which was located in Dubai eventually became an international venture attracting customers such as the US military and Bechtel which is a US Construction company.
DAMAC owner first major venture was known as the Global Logistics Services. This company was contracted to supply food to the US forces in areas such as the Afghanistan, Kuwait, and Qatar. The firm would later diversify by establishing small hotels with outlets all over the Middle East and Africa where it was serving more than 150000 meals per day. DAMAC owner interest in business did not stop there as he went ahead to start massive investments in the real estate by buying land in areas which were underdeveloped.
Majority of these areas were unattractive to the majority of the investors at that time. What made DAMAC owner unique was his ability to see opportunities in areas where no one else would see. This was possible due to his knowledge in economics which enabled him to make long-term projections and predictions in the world of business.
In the course of time, the areas in many parts of Dubai which were unattractive to many investors gained growth momentum and started attracting investors from all over the world. This was also made possible by the government of Dubai after it allowed foreigners to own properties in the country. This led to the birth of DAMAC Properties and since then the firm has carved its way into becoming one of the biggest real estate company in the United Arabs Emirates.