Hussain Sajwani is one of the most successful entrepreneurs in the Middle East. He is documented among the top 100 most influential Arabs and the top ten richest Arabs in the world. How did Sajwani secure his prominent position? The following spotlight will help you comprehend.
An Overview of Hussain Sajwani’s Early Life
Sajwani was born in the UAE, United Arab Emirates to a businessman who operated a small family-owned business. At his young age, Sajwani helped his father to manage the shop that sold imported items from China.
Later on, Hussain relocated to the United States to further his studies. He joined the University of Washington where he pursued an undergraduate degree in Economics and Industrial Engineering.
Hussain Sajwani as an entrepreneur
After completing his studies, the DAMAC owner started working as an entrepreneur in the United States. In 1982, he started a catering business that advanced to serve the Middle East, Africa, US, and other different parts of the world within a short period.
In the early 2000s, Sajwani decided to venture into Dubai’s real estate industry. He started developing and managing small hotels, and later on, he established DAMAC Properties.
An Overview of DAMAC Properties
Hussain Sajwani started DAMAC properties to back up UAE’s mission of developing sustainable residential and commercial infrastructure. Within a short time, DAMAC grew to a multinational company serving the Middle East and UK real estate market.
Currently, DAMAC Properties has constructed more than 20,000 properties around the Middle East. Other 44,000 units are under development.
What makes Hussain Sajwani one of the most successful entrepreneurs in the Middle East?
The DAMAC owner cooperates with his employees to improve DAMAC’s operational efficiency. Sajwani believes that his employees have varying perspectives that would develop DAMAC’s innovation and performance. “We allow our staff to present and implement their unique investment strategies,” says Sajwani.
Besides employee collaboration, Sajwani can identify and invest in new opportunities before anyone else. He started his real estate firm a few days after UAE opened its real estate market. Presently, he is eyeing the Chinese real estate market. “The demand of middle-class real estate property continues to grow. I see a great investment opportunity there,” says Sajwani.
Find out more about Hussain Sajwani and DAMAC Owner: https://hussainsajwani.com/ar/profile/