Hussain Sajwani Twenty First Century Mogul

Hussain is a billionaire property developer and founder of the real estate development company known as DAMAC Properties. Having been ranked number one by Forbes magazine in 2017, the company hit the Global 2000 list of the fastest growing global companies based on compound annual growth rates from 2013 to 2016. Graduating from the University of Washington, Hussain started his career as a Contracts Manager in GASCO, a subsidiary of Abu Dhabi National Oil Company. After learning the inner workings behind the scenes regarding contracts responsible for new development, Hussain went on to found his own development company, DAMAC Properties.

In addition to his development company DAMAC Properties, Hussain Sajwani started his own catering service in 1982. This enterprise has grown to become a leader in the market, servicing more than 150,000 meals a day in a number of countries, including the Middle East, Africa, and the CIS. In addition to this, Hussain’s catering service also services construction worksites, educational institutions, and five-star hotels.

Being one of the pioneers in the Property market expansion which took place in Dubai in the mid-90s, Hussain had a significant impact on the countries overall growth and development. In the early 90’s, Hussain was busy at work building several hotels to accommodate the ever-increasing influx of people coming to the emirate to do business. Identifying the market’s needs, Mr. Sajwani proceeded to found DAMAC Properties in 2002, it has grown to become one of the largest property development companies in the Middle East. He has been active in building prestigious projects in key global cities like Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh, and London. The company has one of the best track records in the luxury property market, delivering over 21,000 homes with a portfolio of over 44,000 industrial and private units in various stages of development. Hussain’s company DAMAC Properties also employs over 2,000 employees with shares traded publicly on the Dubai Financial Market.

Another key area of investment opportunities for Hussain Sajwani is Al Jazeera Services boasting a capitalization of over 110 million US dollars.

Sources:
https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board
https://en.wikipedia.org/wiki/Hussain_Sajwani

Hussain Sajwani and His Business Involvements Across Countries

There’s a countless number of articles you can read about DAMAC Owner Hussain Sajwani today, but the tersest and prominent ones out there can be summarized in the feature below. Learn more about it now.

 

 

The Properties and Businesses Sajwani Is Part Of

 

 

When you’re as successful and as much of a billionaire as DAMAC Founder Hussain Sajwani, you have to spread around your projects and assets across a plenteous amount of assets. This is the reason why Hussain has involved himself with various businesses and has worked with a countless number of companies.

 

 

Some of these glitzy and fantastic luxury and profitable projects include Reva Residences and the eye-catching luxury apartments spread around the Dubai marketplace. The more than 2000 employees that DAMAC Properties has, have made sure that all the projects that it is part of will always be successful and will ever be given the complete full attention that it needs.

 

 

Since 1982, when he started his own company, he’s been pushing for developments and projects to make DAMAC Properties grow. Some of the projects he’s part of are in Abu Dhabi, Doha, Amman, Riyadh, and London. His proven track record in forays in the capital markets has also been successful in various private equities and investment spheres.

 

 

About DAMAC Owner Hussain Sajwani

 

 

Being the founder and chairman of global property development DAMAC Properties is one of the most demanding and fulfilling works of Hussain Sajwani. He has built a series of property market expansions in Dubai and a set of hotels across countries. His DAMAC Properties have also joined with various big companies, such as Italian fashion-houses Versace and Fendi in the effort to offer the best products and line of amenities for the clients.

 

 

Hussain Sajwani also finished his degree in Industrial Engineering at the University of Washington. DAMAC Owner Mr. Sajwani is also the man behind the incredible growth of DAMAC Properties in the Dubai Financial Market. The vision and entrepreneurial skills of Mr. Sajwani have also been the core of making sure that the ideas he has for the company are translated into corporate reality. Indeed, the involvement of Hussain Sajwani in all his projects gives it the special touch it needs for success.

 

Connect with Hussain Sajwani on LinkedIn.