Hussain Sajwani established DAMAC Properties, a global property development firm where he sits as chair. He is a University of Washington graduate. He studied Economics. His career began at GASCO, a divisional company of Abu Dhabi National Oil Company, where he was a contracts manager. It took him a short period to start his venture.
By the mid 90’s, Hussain Sajwani had built hotels with the aim of accommodating the growing number of people visiting the UAE for the purpose of business and trade.
DAMAC Properties is a development company he established in the year 2001, after identifying the market opportunity. In the Middle East, the company stands out as one of the largest businesses.
The tremendous success of DAMAC is, as a result, of the expertise and knowledge that Hussain Sajwani holds in property development be it marketing, sales, and finance or even administration. The company has seen to completion prestigious projects in cities such as Doha, Amman, Beirut, Dubai, Abu Dhabi, and London among others. Learn more about DAMAC owner: http://blog.raynatours.com/top-10-richest-men-uae/
The shares of DAMAC properties are traded on the Dubai Finance Market since the company is publicly listed. Close to 2,000 people get their livelihood from the enterprise. The company has an excellent track record. To this day, it has seen 8,890 units to completion.
The DAMAC owner holds investment portfolios of securities in numerous worldwide and regional markets. In several instances, he has been referred to as the Dubai’s’ Donald Trump. The reason is that the two are businessmen who have substantially invested in the real estate industry.
Hussain Sajwani is a major business partner of Donald Trump. He has interacted with Eric Trump Jr. as well as Ivanka in social and business gatherings. The Hussain Sajwani family with that of Donald Trump enjoy a cordial relationship.
Sajwani is an active philanthropist. Through DAMAC Group, he has given back to the community. In 2013, more than AED two million was donated to clothe more than a million needy children.
He believes that the young people are an essential part of the world’s future, and sees need to give them the most comfortable environment so they can have a positive attitude towards life.