Hussain Sajwani, the DAMAC Owner, Dreams the Best for his Company

Hussain Sajwani was born in Sharjah, UAE from a humble family where his father was a retail shopkeeper selling watches, pens, shirts and other goods he imported from China. In his early age, Hussain Sajwani portrayed great abilities in both school and extra curriculum activities. He won a government scholarship to the University of Washington where he studied Industrial Engineering and Economics.

After graduating, he got a job in Abu Dhabi Gas Industries in the finance department. After working for two years, Hussain began his catering venture, currently know us Global Logistics Services offering services to a different group of customers including the US military and Bechtel. In 2012, Hussain Sajwani founded DAMAC Properties, a property development company in major cities of the world.

In 2017, Forbes named DAMAC Properties the top growing international company based on the compound annual growth rate of revenues from 2013 to 2016. Hussain Sajwani, the DAMAC owner according to Forbes 2018 report he was the 4th wealthiest Arab with a net worth of $4.1 billion.

Sajwani is a close friend to the US President, Donald Triumph where rumors have it that the two have a plan to collaborate in establishing a Golf Course in Dubai. In a recent interview of Hussain with Bloomberg, he spoke in favor of the US President`s tough stance on trade with China. He admitted that regardless of his close ties with Triumph he has no any interest in US policy.

Despite stock slump last year, DAMAC Owner Hussain Sajwani has remained determined through strategizing different plans to keep the company on top. According to Hussain Sajwani, the current loss of market value is a usual thing, and it’s a typical graph for any business. A business person shouldn’t be only focused on the profit, but instead, the focus should be distributed in other things like adding more members to your team.

Hussain Sajwani believes that in two years to come the market will reawaken as the government has formulated visa law which appears favorable to business people. Also, the 2020 Dubai expo is expected to boost further and expose property owners who will benefit from increased infrastructure spending in the country.

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