Real estate business has been a booming business in Dubai considering the number of tourist and the people willing to settle in the one of the world’s luxurious city. DAMAC properties, under the leadership of Hussain Sajwani, has been in the forefront to make it happen for over a decade now. Hussein Sajwani, who is now in his 60s, was born in Dubai. After high school education, he joined the University of Washington where he earned a bachelor’s degree in Industrial Engineering and Economic. In 1981, after his studies, he was employed by Abu Dhabi Gas Industries. A year later he thought of trying something new, catering industry. He established Global Logistics Services which has grown to become a leading catering venture across Africa and the Middle East. He was so much into Property development. In the 90s Dubai experienced an influx of tourist and Hussain exploited the opportunity by investing in hotels that would accommodate the tourist.
Out of being ambitious, he decided to venture into property development when he established DAMAC properties. He is currently DAMAC’s CEO. Over the last ten years, the corporation has grown to become the largest property development company across the Middle East and some parts of Europe. With a workforce of over 2000 people, DAMAC properties have delivered over 20,000 homes. To attain elegance and quality for its clients, DAMAC is working together with luxury and fashion companies like Versace, Fedi Casa, Just Cavalli and Bugatti in doing interior designs for luxurious homes, hotels, resorts, and villas.
Hussain Sajwani and Trump are business friends and together have worked on many projects for example in the establishment of two golf course and villas in Dubai. However, recently Trump decline a project proposal from Hussein stating that he is not allowed to involve in private business by the state. More details can be read here http://hussainsajwani.com/.
Apart from being a prosperous businessman, Hussain Sajwani is a philanthropist. He has worked together with the UAE government and the Red Crescent in clothing the needy children. According to Forbes; through DAMAC properties, Hussain Sajwani has featured among top Arab billionaire.