Hussain Sajwani is the Chief Executive Officer and Chairman of DAMAC Properties. Hussain holds a Bachelor of Science degree in Industrial Engineering and Economics from the University of Washington. DAMAC was founded in 2002 and headquarters is in Dubai.
Hussain Sajwani took advantage of the fact that foreigners were allowed to own properties by the Dubai government decree. DAMAC engages in projects of real estate as well as commercial and residential properties. He concentrated on non-Emiratis who served as his main clientele. Learn more about Hussain Sajwani Family: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots and http://www.cnn.com/2017/01/02/politics/donald-trump-new-years-eve-speech/
He is a billionaire developer who aims at enhancing his business engagements with the real estate firm of President Donald Trump. Hussain collaborated with Mr. Trump on his International Golf club that has luxury villas which generate approximately two billion dollars in sales.
On New Year’s Eve, Mr. Trump delivered a speech and named a few prominent people at the vent. Mr. Sajwani happened to be among the list and he is optimistic that their business relations will grow because his ties extend to Trump’s children who are involved in the family business.
In the 1980s, Hussain Sajwani was involved in the food business and in 1991 during the first war in Iraq, the United States army was provided with exceptional food service. Hussain decided in 2002 that real estate was his future. However, DAMAC still incorporates the food business as part of its operations.
Hussain Sajwani is considering Egypt, Saudi Arabia and Turkey for expansion of the business. To date, DAMAC has accomplished the completion of 8890 units and in 2011, a hospitality division was launched by the company. This addition has positioned the company to be among the leading operators in the hotel and apartment service industry.
Hussain is an active participator of charitable foundations. In 2013, he assisted the AED’s campaign with a two million cheque to provide clothing for one million children worldwide.
Mr. Sajwani’s contribution was done to support the efforts of the Dubai government to improve the living standards of people in the world. These donations will cater for the needs of roughly fifty thousand needy children. Mr. Sajwani also encourage the youth to consider entrepreneurship which is an innovative career path.