How Hussain Sajwani Built His Real Estate Empire To Become The Fourth Richest Arab

Hussain Sajwani attributes who is now to all the moments, success and failure that he has faced in his life. In the recent interview with Ideamensch, he points out that he started his catering career back in 1982. Hussain Sajwani is the founder and the current chairman of DAMAC Properties, which is a global property development company. He is an alumnus of the University of Washington where he studied Industrial Engineering and Economics. His company has expanded to become the leading in the market with more than 200 projects and also serving more than 150,000 meals per day in various markets such as the CIS, Africa, and the Middle East.

According to elwatannews.com, Hussain Sajwani’s entry into the business world can be traced back to his early years whereby he spent most of the time after school in the family’s business helping out where necessary. The few hours spent there helped him nurture his entrepreneurial spirit. The capital to start his business came from the money he got from selling time-share apartments while he was studying in the US. He started his own catering business a move he has never regretted since his business has grown regionally and globally.

To ensure the success of his business, DAMAC owner makes sure that each day he meets with members of his management team, where he is updated on all and different aspects of his business. His business has expanded due to his ever growing horizons and network. He likes traveling and having meetings with his business partners. Hussain Sajwani’s love for traveling gives him the chance to have a view of the way things are from another perspective.

The growth of DAMAC Company is as a result of Hussain Sajwani’s vision and entrepreneurial skills. Throughout the journey of growing his business from a small company to a global company, DAMAC owner has learned many lessons that have put him where he is today. He points out that if one gains experience, then the time spent on that venture is not wasted. This is in reflection to the two years he was employed between from graduating from college and starting his own company.

Article reference: https://al-ain.com/article/damac-chief-sell-15-stake

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