Hussain Sajwani, DAMAC Owner – Visionary, Mogul, Legend
Hussain Sajwani, DAMAC owner came from humble beginnings of being the son of a shop owner, Hussain Sajwani has amassed a fortune that has him in the elite group of the richest businessmen in the Gulf region. Hussain got his beginnings as a bright student, chosen by the UAE government to go to the US for further studies. In America, Hussain would get his bachelor’s degree in Industrial Engineering and Economics.
With his education completed Hussain Sajwani would return home and join Abu Dhabi Gas Industries, also called GASCO in a financial role. His business acumen would steer him away from the company as two years later he would start a catering venture. The catering company, now called Global Logistics Services boasts among many impressive customers, the US Army and many five-star hotels and resorts.
The company’s growth allowed Hussain Sajwani to take up another venture, one that would see his fortunes skyrocket beyond expectations. He would start DAMAC Properties in 2002, becoming a pioneer in the real estate expansion Dubai and the UAE as a whole, had experienced. Hussain Sajwani, DAMAC owner would go on to make DAMAC one of the largest constructions and property companies in the UAE.
Happily married, with four children, the DAMAC owner has given back to the country and is involved with philanthropic initiatives like sponsoring the Dubai Future Foundation’s One Million Arab Coders Initiative, a program aimed at creating one million coders of Arab origin.
DAMAC Group has continued to sponsor under the leadership of its founder and chairman, the group boasts a golf course designed by none other than Tiger Woods as well as collaborations with Paramount Hotels, a venture owned and operated by Paramount Pictures known for some of the greatest movies in history. DAMAC is also connected to famous fashion houses like Versace and Fendi as well as the automotive giant – Bugatti.
His work with DAMAC and GLS has earned him many accolades that include the Property CEO of The Year from CEO Middle East Awards of 2017 as well as the Real Estate Legend Award from the Arabian Business Real Estate Awards.
Read full article: https://www.albayan.ae/economy/local-market/2018-02-12-1.3184075