DAMAC is a leading real estate development company and is headquartered in Dubai, UAE. The company is renowned for the luxurious properties they have developed in different parts of UAE and London. DAMAC was founded by a successful entrepreneur, Hussain Sajwani who have been serving the company as the chairman. Hussain Sajwani began his career in business as a hotelier when he opened a catering business that thrived in UAE and other parts of the world. He later ventured in real estate business in the early 1990s when he realized that Dubai was receiving numerous visitors from different parts of the world, whom he thought would require a place to stay and work from.
Since he formed DAMAC Properties, he has managed to build, renovate and manage several buildings and one of his most remarkable property development project is The Aspire. Hussain Sajwani has worked with different partners in the real estate industry, and this includes the president of United States of America Donald Trump. His main focus when he formed DAMAC was on hotel establishments but later ventured into other developments such as shopping malls, residential buildings, and business centers. The company has employed more than 2000 people, and its shares are publicly traded in the Dubai financial market. Today, DAMAC Properties is the largest property development company in UAE having complete more than 22,000 homes and still have more as work in progress. Most of his prestigious construction projects are found in countries such as Abu Dhabi, Jeddah, Doha, Dubai, Riyadh, Beirut, Amman, and London. Hussain Sajwani is vastly experienced when it comes to sales and marketing, administration and legal matters and this experience and his entrepreneurial skills set have led to his achievements in the industry.
Sajwani believed in his vision and applied his rich entrepreneurial skills to build his career to where it is today. He is recognized as one of the most influential Arabs in UAE having proven the possibility of bringing business ideas into a corporate reality. He has also showcased great leadership skills which makes it easy for him to be trusted by his team of employees and business partners. For instance, Hussain Sajwani has been spotted numerous times spending time with Trump’s family either in New York or Dubai. He not only builds a relationship with other people but also maintains them for continued success both in personal and business life. Read Sajwani’s interview with CNBC.
Article source: http://www.arabnews.com/tags/hussain-sajwani