Hussain Sajwani is an Emirati entrepreneur who was born 1952 in the United Arab Emirates (UAE). Hussain is well known for his skills in the real estate field for he has taken the Emirati property developer industry to another level. He is the founder and chairman of DAMAC Properties. At the beginning of 2017, he was listed by Forbes among the top 10 billionaires in the World’s Richest Arabs list. Learn more: http://www.hussainsajwani.com/
Due to his hard work and education excellence, he received a scholarship which made him be one of the scholars from UAE to be sent by the government to the US. He attended the University of Washington where he obtained a bachelor’s degree in Industrial Engineering and Economics.
He began his career journey at Abu Dhabi Gas Industries serving in the finance department. After two years, he opened an eatery supplying food to many services including Bechtel and the U.S. military. The catering is still operating up to date under the name Global Logistics Services. In 2002, Mr. Sajwani founded DAMAC Properties, one of the leading property developers in the Middle East.
DAMAC Properties has established about 19,000 apartments and has more than 44,000 units being developed. In 2015, DAMAC Properties was ranked among companies which have shares traded on the Dubai Financial Market. Examples of well-known projects developed by DAMAC Properties are the Trump International Golf Club which makes sales averaging to $ 2 billion, Trump World golf course which is designed by Tiger Woods and will start its operations in 2018, paramount hotels and resorts and luxury villas designed by Bugatti among others.
Hussain Sajwani Family and that of the US President, Donald Trump, have a productive relationship. In addition to the partnership of the development of golf courses, they also have a partnership in the real estate industry where they are partnering to help each other enhance trades. Moreover, they also have a family friendship for example the two families celebrated the New Year’s Eve together. The DAMAC owner is also a philanthropist who is passionate about helping the society, for example, he donated AED 1 Million for the refugees in Lebanon and Jordan during the UAE compassion campaign among others, Hussain Sajwani is passionate about providing people with their dream homes. Learn more: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots