Chris Holden

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Hussain Sajwani – Being the DAMAC Owner

by Chris Holden - September 18th, 2018.
Filed under: Business, News.

Hussain Sajwani is a national of the United Arab Emirates. He is the Chairman and founder of DAMAC properties. He graduated from the University of Washington and started his career at GASCO as a contracts manager. GASCO is a subsidiary of Abu Dhabi National Oil Company. He established his own catering company after working for ADNOC which grew to the leading company it is today. It manages over 200 projects in Africa, the CIS and Middle East. The company services campsites, educational institutions, army camps, and hotels.

Hussain Sajwani started DAMAC properties in 2012 after identifying a market opportunity. The company has grown into one of the largest property company in the Middle East. He is an expert in property development from finance, legal, marketing, sales, and administration. He has established several projects linked to DAMAC in London, Jeddah, Amman, Riyadh, Dubai, Doha, and Abu Dhabi. The company is listed publicly and traded on the Dubai Financial Market. It has over 2,000 employees who have worked hard to develop the good record it has today. It has joined forces with the leading lifestyle and fashion brands to bring exciting concepts into the market. Some of the projects include the Tiger Woods-designed golf course, luxury apartments, and the Fendi Casa.

In an interview, Hussain says that the continued economic growth in Asia and China mostly drives his interest to invest more. He has managed to establish DAMAC in the Chinese market for a long time now. The increased bilateral relations between China and UAE has opened up further investment opportunities. He notes that diversity is one of the key ingredients that drive DAMAC. When developing plans, he identifies varying perspectives, ideas, and views to tap into. It is diversity that gives Hussain a clear edge in business.

DAMAC Owner Hussain has never had an interest in politics leave alone talking about it. He is only concerned with politics where it affects his organization. He understood the importance of home-grown businesses while he was still young. This is what he has developed into the successful entrepreneur he is today. He believes with right focus one can achieve anything.

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