Hussain Sajwani – Real Estate and Philanthropy

Real estate developer Hussain Sajwani is the owner and Chairman of the company DAMAC Properties. He founded the corporation in 2002. Bades in Dubai, the DAMAC Properties has been growing and expanded all the way to the United States of America significantly.

Hussain Sajwani, the DAMAC owner, has entrepreneurship running through his veins. His father was working as an entrepreneur, specifically in retail. He sold a variety of imported goods such as watches, stationery, clothing, and more. Hussain Sajwani was one of the first students sent to study in the United States of America. He attended the Universty of Washington and majored in Industrial Engineering and Economics.

The start of his career as in 1981 at the Abu Dhabi Gas Industries Hussain Sajwani worked in the finance department for a couple of years before starting his first business back in the United Arab Emirates. The primary clients of his firm were the U. S. military and Bechtel. The company is still in business under its current name, Global Logistics Services.

The next company he established is DAMAC Properties. Up to date, the corporation is among the largest in property development in the Middle East. Over the years, DAMAC Properties has completed more than 19,000 apartments and is currently working on about 44,000 units in various stages. The corporation started trading its shares publically on the Dubai Financial Market in 2015. Among the most popular projects of the company was the golf course managed by the Trump Organization and designed by professional golfer Tiger Woods.

In 2017, the charity arm of the DAMAC Properties (Terms of Use) was one of the sponsors of an initiative by the Dubai Future Foundation. Sheikh Mohammad bin Rashid Al Maktoum launched the One Million Arab Coders Initiative. Dubai provided a million young Arabs with free software education. The city wants to take The United Arab Emirates forward in the field of software development as the future of the developed world.

Hussain Sajwani has been at the forefront on philanthropy for several years. He has been making most of his donations to children charities. One of the most recent such causes aimed to provide children in need with food, clothing, education, and a place to live. His donation funded about 300,000 children in need.

Here’s Hussain Sajwani’s family tree: http://www.celebfamily.com/entrepreneur/hussain-sajwani-family.html