Hussain Sajwani is the chairman, Chief Executive Officer, and the founder of DAMAC Group. He founded DAMAC Group in 1976. The company is headquartered in Dubai, UAE. The public company specializes in developing leisure, residential as well as commercial properties mainly in Dubai and the Middle East. Sajwani started his career at GASCO, a facet of the Abu Dhabi National Oil Company, as a Contracts Manager. He left the job after a while and started engaging himself in business activities. Hussain Sajwani started business in the 1980s with a food supplying company. Later in the 1990s, he developed many hotels to provide shelter and accommodation to foreigners who were coming into the United Arab Emirates to do business, seek employment, and trade. In 2002, Hussain Sajwani established DAMAC Properties after he identified that the real estate domain had viable investment opportunities due to the influx of people in the country.
DAMAC Properties has grown over the years and is currently one of the largest real estate and property development corporations in the Middle East. Today, the company has employed more than 2000 employees. It has an amazing track record including developing more than 20,230 homes with over 44,000 units. Based on this Forbes article, the expertise of Mr. Sajwani in finance, administration, marketing, and sales has been the driving force behind the success of the company. The company has several projects in major cities including London, Doha, Jeddah, and Abu Dhabi just to mention a few. DAMAC Properties has also collaborated with fashion as well as lifestyle brands including the Tiger Woods brand.
The Dubai billionaire has closer ties with Donald Trump and his family. They are business partners and have invested in several businesses together. Mr. Sajwani is also building his business relationship with the Trump Organization, a real estate firm owned by Trump’s family. The two business enthusiasts have both invested in the Trump International Golf Club. Hussain Sajwani is a philanthropist and has been involved in various charitable activities. He recently funded the Ramadan Initiative that is meant to provide clothing to over one million children globally. The campaign was developed by top government officials in the United Arab Emirates.
Connect with him on Instagram: https://www.instagram.com/hussainsajwani/