Hussain Sajwani: The Leader of DAMAC Properties

Hussain Sajwani is one of the wealthiest individuals in the United Arab Emirates. He is known as the founder of DAMAC Properties, and he transformed the real estate and property development in the Middle East.

After he graduated from the University of Washington in the United States, he decided to go back to the United Arab Emirates and looked for a job. He became a managing director at an oil and petroleum company, but he felt dissatisfied with his career path. He decided to quit the company and thought about establishing his own business. An idea came up after he saw the multitude of people going around his area, and he decided that a catering services firm would be his best shot. He decided to establish his business, and his first clients were employees from an engineering company and military men from a US military base. The business that he created grew, and the catering services firm had to expand to other countries in the Middle East and beyond.

Hussain Sajwani made his first million, thanks to the catering services firm that he established. However, he thought that it is still possible for him to earn his first billions, only if he will be venturing into new business prospects. In the early 2000s, business people have discussed how Dubai will be transformed in the future. Having the same feeling with the city, he decided to use the money he earned from his catering services firm to establish the DAMAC Properties in 2002. He stated that DAMAC Properties would be helping Dubai to transform into a global city, and more than a decade later, Dubai is known as the commercial capital of the UAE, and many people are coming in from all over the world to experience the unique tourism practices that they offer. See the luxurious apartments by DAMAC here.

The DAMAC owner keeps on managing his company, and his business plans are expansions to other regions aside from the Middle East. He is looking into building new skyscrapers in cities across Asia, Europe, and the Americas, and he is also targeting the global market to become a reliable and reputable business in the field of real estate and property development.

Go to this website: http://www.saudiprojects.net/

Leave a Reply

Your email address will not be published. Required fields are marked *