What Made Hussain Sajwani DAMAC Owner Rise to Success

DAMAC is an international construction company that was founded by Hussain Sajwani. He is also an innovator, an ambitious leader with a remarkable record, and he is known to be a focused businessman. He has always been in the record of top 100 most thriving Arabs, and this is attributed to how DAMAC Properties have been able to excel, and the success of other businesses as well.

The DAMAC owner is the most prosperous Arab and holds the tenth position in wealth worldwide, and now seeks to extend his business ideas in Asia. Both his parents worked in their family shop where they traded in watches. He, later on, got a scholarship from the government, and was among the pioneer students that the UAE government sent to the U.S.

Hussain Sajwani sold timeshare apartments as he continued with his studies in the US and purposed to get the best in education. He accomplished this learning by graduating from the University of Washington where he pursued Economics and Industrial Engineering. After his graduation, the DAMAC owner discovered that he was set for the next activity; and that’s venturing into business.

His first business was a catering trade which he opened in 1982. Within no time, the business expanded and was the top in its sector, with over 200 units to take care of. The hotels served more than 150,000 meals per day. Today, the catering company owned by Hussain Sajwani covers a wide range of markets. Some of the regions where they cover include Middle East, Africa and the US.

Later, the DAMAC owner discovered a different opportunity in real estate and he decided to try it. He took actions faster and began small when he constructed small hotels which later gave birth to multiple tower buildings in the prime locations of Dubai.

According to Hussain Sajwani, business has always been a regular thing for him. In the early years of the 2000s is when UAE opened a way for the property development market. Hussain saw this opportunity and came up with DAMAC Properties, and later on everything fell into place. He admits that the journey has not always been smooth, but he also comments that making DAMAC go public was a callous decision because there were a lot of risks involved.

Visit DAMAC’s site here: https://www.damacproperties.com/

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