Hussain Sajwani was born in the United Arab Emirate. Hussain Sajwani is the Chairman and founder of DAMAC Properties. The company’s specialty is in the development of the global property. Before the establishment of Damac Properties, Hussain Sajwani pioneered the expansion of the real estate market in Dubai. In the middle of the year 1990, Hussain noticed the growing population of non-emirates in Dubai. The non-Emiratis flew into Dubai to carry out their business activities and trade. Hussain Sajwani then constructed several hotels for their accommodation.
According to Saudi Projects, Hussain went to Washington University. After completion of his studies, Hussain began his career experience. Mr. Sajwani began in GASCO as a contracts manager. After some years of experience, Sajwani utilized his innovative skills to establish a business of his own. Hussain Sajwani became a sole proprietor in 1982 when he started his venture in the catering sector. In 2002, he formed DAMAC Properties after the identification of a market opportunity. Since then, DAMAC Properties has developed to be among the largest property firm in the Middle East.
DAMAC Properties has created many jobs for the people of Dubai. It employs almost 2000 employees. The company has shares in the Dubai Financial Market. The possibility to feature in the Dubai Market is contributed to by the company’s attributes. DAMAC Properties has the best records of track in the luxury development sector. Up to date, Damac Properties has made delivery of over 16,800 homes. This includes development portfolio of almost 44,000 units at different progress and planning phases.
Damac owner, Hussain Sajwani, is recognized both in his home country and globally. Hussain has successful records in the capital markets and the global equity. Mr. Sajwani holds various portfolios in investments worldwide. He owns the DICO Investments Co LLC. This company’s primary concern is in private equities, acquisitions and private mergers. Hussain Sajwani also partners with individuals globally.
He values people whose focus is geared towards success. Hussain is currently working together with the president of United States of America, Donald Trump. Hussain Sajwani family and the Trump’s family are also at par. With various partnerships, Hussain has managed to turn Dubai into the most glittering and glamorous destination.
Full report: akhbarak.net/news/2018/