Hussain Sajwani is a renowned businessman with real estate properties in the United Arab Emirates. He is the founder and chief executive officer of DAMAC Group. Additionally, in the 90’s he established several hotels to accommodate people visiting the country. At that particular time, UAE was receiving a lot of influx in businesspeople coming in to do businesses. Read more: Hussain Ali Habib Sajwani | Bloomberg
Sajwani graduated from the University of Washington with a bachelor’s degree in economics and industrial engineering. After graduation, his career started off at GASCO, a subsidiary of Abu Dhabi National Oil Company. He worked as a contracts manager. In 1992, Sajwani left the company and ventured into a catering business.
The catering business grew with time and today, it among the market leaders managing over 200 projects. The institution serves over 150,000 meals in a day to markets in Africa, Middle East, and the CIS. It offers its catering services to construction campsites, 5-star hotels, and army camps.
Additionally, they provide ancillary services like maintenance and workforce supply. In 2002, Hussain identified an untapped market and ventured into the world of property development. He established DAMAC Properties that has grown to become one of the largest property development institutions in UAE.
DAMAC Properties lists in the Dubai Financial Market. It has a workforce of over 2000 employees. The organization specializes in the development of luxury properties. It has delivered over 16,800 homes. It also prides itself with a development portfolio of over 44,000 units. Learn more about Hussain Sajwani Family: http://www.arabianbusiness.com/the-world-richest-arabs-2014-574217.html?view=profile&itemid=574179#.WHgeI2QrIUs and http://gulfnews.com/culture/people/high-riser-1.25193
The Businessman is a close friend with President Donald Trump. After the election of Trump to the office, the two businessmen spent the New Year’s Eve Together.
The two have partnered in several deals with the Trump International Golf Club racking up sales up to $ 2 billion. However, their relationship extends to more than just business.
Their children are close friends, and they are very much involved. Sajwani wife and Ivanka, the first lady, are good friends. In several occasions, the trumps have visited their home in Dubai.
Besides being a businessman, Sajwani is a philanthropist. Through DAMAC Properties, Hussain Sajwani donated 2 million AED towards a campaign aimed at clothing a million deprived children.
The event organized by Sheikh Mohammed bin Rashid Al Maktoum aimed at ensuring children across the globe get provided with essentials. DAMAC Properties donation alone will cloth more than 50,000 children.