Understanding Hussain Sajwani

Hussain Sajwani was born in 1953. Sajwani is a citizen of the United Arab Emirates. He serves as the chairman and also the founder of DAMAC Properties which is an international development company. Sajwani is known as one of the first people involved in the expansion of property market in Dubai. Sajwani managed to construct various hotels to accommodate the rapidly growing population that came to the Emirates for trade and business during the 90s. Sajwani is an Investor. He is known to be an astute businessman. He has registered massive success in the global equity and capital markets.

Hussain Sajwani currently has securities investment portfolios for several global and regional markets. Sajwani is the founder of the DICO Investments Co. LLC which is a flagship investment company. He started this company in 1992 and grew it to become successful and internationally recognized. Other business interests of Hussain include Al Jazeira Services which offers support and catering services, Al Anwar Ceramic Tiles Co, and the Al Amana Building Materials. Hussain Sajwani serves on various boards including the JUNO Online, NY, Majan University College, Muscat, Oman, and Emirates Takaful Company, Abu Dhabi.

DAMAC owner Hussain was born in Dubai. He is the eldest child in a family comprising of five children. Hussain was always interested in businesses ever since he was young. He was in charge of his father’s watch shop. His spirit of entrepreneurship has grown leading him to become one of the wealthiest people in the world according to Forbes. Sajwani joined the University of Washington where he earned his Bachelor’s degree in Economics and Industrial Engineering. He started his professional journey as a contracts manager working for GASCO. He later went on to start his own business in 1982.

Hussain Sajwani currently manages over 200 projects across the world. He also services construction campsites, educational institutions, army camps, offshore and onshore locations, and 5-star hotels. Hussain owns various prestigious projects in big international cities such as Riyadh, Dubai, Doha, Jeddah, London, Abu Dhabi, Amman, and Beirut. His company known as DAMAC Properties has employed approximately 2000 employees. Its shares are traded on the Dubai Financial Market.

Read more: http://www.arabianbusiness.com/the-world-richest-arabs-2014-574217.html?view=profile&itemid=574179#.WHgeI2QrIUs

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