Hussain Sajwani is famous for being the CEO and the Executive Chairman at DAMAC Properties Co. LLC. He is the Chairman in different other sectors. Such include DAMAC Holding LLC, Al Jazeira Services Co. SAOG, and Al Anwar Ceramic Tiles Co. the firm was founded in 1992 as a group dealing specializing in catering. The group’s headquarters is based in Dubai.
Considering the Hussain Sajwani family, his father worked in Deira district at the same time handling numerous real estate projects in Dubai. His mother hawked products to the ladies and women within her surroundings. Hussain Sajwani began working at his father’s watch shop at the age of three. He was thus able to realize the challenges faced by businessmen. The fact that his father worked acted as his source of inspiration to him.
Being the eldest son, his father wanted him to get into the family business without completing high school and university. The DAMAC Owner is currently married and is a father of four. In consideration of his career achievements, he started working as a contract manager at GASCO.
This was immediately after the completion of his degree from the University of Washington. After a short while, he proceeded into Abu Dhabi National Oil Company to work as a subsidiary. He had an urge to become a prosperous businessman.
He, therefore, developed his private business in 1982 under the name DAMAC due to the talented skills and hard work that he had. Learn more about Hussein Sajwani: http://www.hoteliermiddleeast.com/23813-the-rise-and-rise-of-damac/
DAMAC Owner also created ZDICO invest in 1992, which is a venture company as well as the Al Jazeera Services Co SAOG which has a capitalization worth more than $125 million. Also, he is also a member of the Council at the New York’s Majan University College. At the moment, he is worth $3.5 billion.
The expectations are that they have combined plans ahead particularly in the sector of real estate through the utilization of the companies with the DAMAC being the leading of all the others.