Hussain Sajwani is the founder as well as chairman of one of the most recognized real estate conglomerates in the United Arab Emirates, DAMAC Properties. His entrepreneurial instincts were instilled in him at a young age as his father sometimes allowed him to run the family’s cutlery shop. The opportunity to manage the shop under permitted supervision Hussain to learn and understand the basics of operating a business. Those lessons have significantly shaped him to the entrepreneur he is today.
Hussain Sajwani is an educated character. He attended the University of Washington for his bachelor’s degree in Economics. After college, Hussain plunged right into the corporate world and was employed by the Abu Dhabi National Oil. After a brief stint in employment, Hussain decided to start a catering business. The company grew exponentially over a few years and its customer base including the United States military. More opportunities would soon present themselves after the collapse of the Soviet Union. Dubai was seeing an increase in the number of foreign visitors who needed accommodation; the DAMAC owner grabbed the chance and started building hotels.
At the time, the Government of Dubai did not allow foreigners to own property, but as visitors continued to flock to the city, the law was amended. These provided Hussain Sajwani with the opportunity of a lifetime. In an article from bezaat.com, it says that he created DAMAC Properties, a firm that develops, redevelops, and manages high-end commercial and residential properties. DAMAC was a reprieve to all clients who wanted a piece of the fast-growing city. Its first project sold off all units even before construction began. The firm is known for using extravagant but unique sales and marketing techniques to reach their target clients. Through the stewardship of the DAMAC owner, the firm is now a leading property development leader not only in the Arab Emirates but also in the United Kingdom.
Apart from being the DAMAC owner, Hussain is an avid humanitarian. Through the Hussain Sajwani DAMAC Foundation, he generously donates and supports the One Million Arab Coders initiative. The education program sole objective is to help over one million Arabs gain technical expertise and skills so that they can acquire future jobs and consequently bring about societal changes.
Recommended website: https://hussainsajwani.com/ar/profile/