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The Renowned Entrepreneur in the Property Sector of Middle East and its Environs- Hussain Sajwani

About Hussain Sajwani

Hussain Sajwani origins stem from Emirati where he was born in the early 1950s. He attended the University of Washington in the United States after obtaining a scholarship that saw him earn his Bachelor’s Degree in Economics and Industrial Engineering. After completing his education, Hussain Sajwani was employed as a manager at the GASCO industries in Abu Dhabi in 1981 before venturing into entrepreneurship after two years of employment.

According to Albayan.ae, Hussain Sajwani’s first business was on a food venture that was known as the Global Logistics Services where his main customers were from the U.S. military. Under Sajwani’s leadership, it has remained operational to date and manages over 200 projects while serving more than 150,000 meals in the CIS, Middle East, and in Africa. Also, as a business-oriented person, Hussain Sajwani decided to venture into the real estate sector by establishing the DAMAC Properties in 2002.

About Hussain Sajwani’s Real Estate Business

The DAMAC Properties prides itself as one of the leading real estate development companies in the Middle East. As a top property company, DAMAC has so far constructed over 19,000 apartments and 21,700 homes besides having more than 44,000 units of housing developments. Its portfolio includes the upscale resorts and the Paramount Hotels, the perfect apartments with Italian finishes Versace Home and Fendi Casa, and a golf course sketched out by Tiger Woods.

Furthermore, DAMAC Properties is publicly -listed in the Dubai Financial Market and has around 2000 employees. The company also has projects across its borders where the main areas that it has developed property include London, Doha, Abu Dhabi, and Beirut among many more. Equally important, the key driver for Hussain Sajwani’s success has been his expertise in many of the parameters such as marketing, finance, and administration issues. This has further seen him getting recognized as the Emirati billionaire and the fourth richest Arab according to Forbes, 2018.

About DAMAC’s CSR Projects

The DAMAC Properties values the act of giving back to the community as Hussain Sajwani directs the company towards philanthropic activities. The company supports various organizations where some include Dubai Cares, Red Crescent, and Dar Al Ber Society. Additionally, through Hussain Sajwani’s initiative, the DAMAC Foundation has gone ahead to start the “One Million Arab Coders Initiative” where the company seeks to support education in coding as part of their CSR activity.

Read more here: https://www.alaraby.co.uk/

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