Born in 1952/1953, Hussain Sajwani is one the most significant real estate developers. He is the founder of and chairman of DAMAC Properties, a residential real estate development company.
Hussain Sajwani family used to conduct various business activities. His father was a businessman who sold watches and other items that he imported from China. Hussain studied for his bachelor’s degree in Industrial Engineering and Economics at the University of Washington courtesy of a government scholarship given to him and a few other students. After his graduation, Damac owner started his career at Abu Dhabi Gas Industries in the finance department, and two years later he ventured into catering business and the United States Military was one of his clients. His first venture is still operational under the name Global Logistics Services.
Hussain established DAMAC Properties in 2002. It is one of the largest property development companies in the Middle East. It works on both residential and commercial properties. The company has completed projects in Dubai, Abu Dhabi, Qatar and the Kingdom of Saudi Arabia. The location of DAMAC Properties’ headquarters is in Dubai. DAMAC is part of DAMAC Group that formed in 1992. The company was the first Middle East Real Estate company that London Stock Exchange listed. Some of the most popular companies that DAMAC has worked with include Trump International Golf Club and Paramount Hotels and Resorts.
Hussain enjoys a good relationship with the United States of America’s President Donald Trump. Because of his business acumen and good relationship with Trump, he is often called “The Donald Trump of Dubai.” Trump and Hussain’s families have close ties. In January 2015, he told the press how his wife and Ivanka, the daughter of Trump are good friends and always exchange emails. The two families collaborated in Trump International Golf Club where they made sales worthy two billion dollars in the sale of luxury villas.
Hussain Sajwani is involved in a lot of philanthropy work in and outside his country. In the year 2013, Hussain gave a cheque of about 550 thousand dollars to a Ramadan initiative. The initiative was campaigning on how to clothe one million needy children around the world. There are a lot more other philanthropy works that Hussain is involved in around the world.
To learn more, visit http://hussainsajwani.com/.