Hussain Sajwani, an affluent Arab businessman who is listed in the Forbes list with a net worth of $3.7 billion has been a pioneer in changing the face of the United Emirates despite being. He is a Washington University graduate of Bachelor of Science degree in Economics and Industrial Engineering 1981. Mr. Sajwani started his career as a contracts manager in GASCO a subsidiary company of Abu Dhabi National Oil Company.
Two years later, he formed a catering business in Abu Dhabi after resigning from GASCO. With the catering services going into a frenzy in the year 1996, Mr. Sajwani started to develop small hotels in Dubai and purchasing properties. He later established the DAMAC properties in 2002 following a market opportunity courtesy of the Dubai government decree that allowed foreigners to own property in the emirate.
Hussain Sajwani has ventured into many businesses. Among the many include: his catering services which had customers like the Betchel American Construction and the U.S military, Al Anwar Ceramic Tiles Co that produces a range of glazed walls and floor tiles and Al Amana building materials for construction materials and the DICO investments. He has also built several hotels in the United Emirates to cater the growing number of businessmen coming to the emirates.
As the DAMAC owner, Mr. Sajwani is known to have a strong relationship with the U.S President Donald J. Trump. This Hussain Sajwani family and Trump relationship was built way before he became president when both entered into a contract for Trump Organization to manage the golf courses built in Dubai market.
The DAMAC properties a publicly listed company in the Dubai Financial market engages in the development of residential, leisure, and commercial properties in Dubai and the Middle East. It also invests in real estate projects. Learn more about Hussain Sajwani Family: http://www.hoteliermiddleeast.com/23813-the-rise-and-rise-of-damac/
So far the company has been able to deliver over 18,500 units with a development portfolio of over 44,000 units at various stages of planning progress rendering it as a having one of the best track records in property development. Among the project DAMAC deals with include: the Tiger Woods designed golf course, luxury apartments with interiors and Paramount hotels and Resorts.