Life And Growth Of Businessman Hussain Sajwani, Damac Properties CEO

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Hussain Sajwani is a billionaire and renown business mogul from the United Arab Emirates. He has degrees in Industrial Engineering and Economics from the University of Washington. Sajwani started off his profession in the finance department of Abu Dhabi Gas Industries as a contract manager in 1980, two years later he started his catering business where he had clients from UAE and worked for the Americans worldwide in places like Bosnia, the Gulf, Somalia and some big American companies like Bechtel. The catering section has since grown and now serves more than 150,000 meals daily in a range of cities in Africa and the Middle East. They also specialize in additional services like maintenance and manpower supply, and camp management.

Mr. Sajwani started one of the biggest property development companies in the Middle East in 2002(DAMAC properties) after he saw a future in property development. Over 19000 apartments have been developed under this company and have over 44000 units under development. The company got publicly-listed in the Dubai Financial market in 2015.

The DAMAC properties CEO has a good relationship with the US president and business partner Donald Trump. Although Trump said he cannot make any more business deals while serving in the office as the president, Mr. Sajwani is in good business terms with the Trump family including his daughter Ivanka and sons Trump Jr. and Eric. Their business relations and deals will go on. Sajwani’s DAMAC properties built the 18-hole golf course designed by Tiger Woods, the Trump International Course in Dubai. He also invested £ 600 million in London through the Versace-branded tower in Nine Elms.

Bloomberg noted that Mr. Sajwani is married and lives in Dubai with his wife and his 4 children. His firstborn son Ali Sajwani is a graduate from North Eastern University with an Economics degree; he’s also the operations general manager at DAMAC group.

According to Ideamensch.com, Despite him being a serious businessman, Mr. Sajwani is a philanthropist. In 2017, he sponsored the free software development training project for the young Arabs of Dubai launched by UAE Prime Minister and ruler. He donated one million Arab Codec. Mr. Sajwani also wrote a check worth AED 2million that will help the disadvantaged children around the world by providing them with clothing. This was enough to provide clothing for more than 50,000 disadvantaged children. You can watch his videos here.

Additional source: http://www.arabnews.com/tags/hussain-sajwani

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