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14Jul/17Off

The Spectacular Rise Of Hussain Sajwani

Businessman Hussain Sajwani is the founder, CEO and chairman of the very successful real estate development company DAMAC Properties. Sajwani is a visionary businessman that has been able to quickly identify lucrative business opportunities and put himself in a position to take make the most out of them. A graduate of the University of Washington, Hussain Sajwani has a wide range of business interests. Using his bachelor's degree in science, he was able to get a position with Abu Dhabi National Oil Company subsidiary GASCO as a contracts manager.

 

The first foray the Hussain Sajwani family made into business was when he started a food service company in 1982. It quickly garnered major contracts with construction giant Bechtel and the U.S. military. When the Dubai government began allowing foreigners to purchase real estate in the country, Sajwani saw a great business opportunity. In 2002 he founded DAMAC Properties and began developing real estate in underdeveloped parts of the country. As DAMAC owner, he was responsible for many of the innovative properties in Dubai that drew the attention of people worldwide.

 

Hussain Sajwani has gone on to do major real estate development projects in places like Abu Dhabi, Amman, Beirut, Doha, Jeddah, Riyadh and even in London. He has even worked with U.S. President Donald Trump and golfer Tiger Woods to create amazing golf courses. With more than 16,800 homes completed and over 44,000 units in its development pipeline, DAMAC Properties is now among the Middle East's largest property development companies. It's now a publicly-listed company and its shares are traded on Dubai's financial market.

 

In addition to his work with DAMAC Properties, Hussain Sajwani is also an astute investor. He has a track record for successful investments in the equity and capital markets worldwide. His investment portfolios list securities in several regional and global markets. These investments are handled by another of his companies, DICO Investments Co LLC. The investment company focuses on mergers and acquisitions, private equities as well as holdings in several publically traded companies. His many investment give Hussain Sujwani a net worth of over $4 billion.

 

Follow Hussain Sajwani on Facebook.

 

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