Hussain Sajwani is one of the most well known businessmen in and around the Middle East. It is his business acumen that has led to him being recognized as one of Arab’s top 100 influential people. Sajwani is the founder and chairman of the DAMAC properties. He is a graduate from the University of Washington in the United States.
His first job was with GASCO Company where he worked for a short period as a Contracts Manager. In 1982, Sajwani decided to step into the world of business and went on to establish his first business a catering Enterprise that grew to be one of the highly sought after businesses in the Middle East.
DAMAC properties came into existence in 2002, after Hussain chose to tap into the property market that grew steadily in the mid 90s due to many people coming to the UAE. The company has established itself as one of the leading Property Development Companies in the UAE. It specializes in development of all type of development complexes include commercial and residential units. It has to date established over 23,000 units across different world cities including Jeddah, London and Doha among others.
DAMAC properties has collaborated with some well-known brands in developing its units. Bugatti, Versace, Just Cavalla, Paramount hotels & resorts and Fendi Casa are some of the brands DAMAC has collaborated with. One of the company’s milestones is the development of two Trump’s branded golf courses in partnership with the Donald Trump Foundation. The company has also managed to establish its hospitality division which will see to it that hotels receive the best services.
On the other hand the DAMAC owner is involved in philanthropy work assisting needy children around the UAE. To achieve this it he partnered with Emirates Red Crescent to donate money for clothing the needy children.
DAMAC owner Hussain has also got other business investments in global equity and capital markets. He also founded DICO investments a company that deals with Equities, mergers and acquisition’s. Sajwani also has invested in other companies such as Al Anwar Ceramic Tiles, Al Amana Building Materials and Al Jazeira Services.
The DAMAC owner currently resides with his wife and four children in Dubai and continues to change the world through business.