Hussain Sajwani is a famous businessman in one of the leading property development company in the Middle East. Sajwani runs the DAMAC Group Organization where he is the founder, chairman, and the CEO of the company. He is a graduate of the University of Washington in the U.S. from where he attained his bachelor’s degree in Economics and Industrial Engineering. Sajwani’s first job was at the Abu Dhabi National Oil Company’s subsidiary that was known as the GASCO where he was the contracts manager before starting his first business in the catering industry.
Moreover, after working in the catering business for a while, Hussain Sajwani (@hussainsajwani) again opted to venture into the property market after he spotted the lucrative opportunity in the estate sector, as there was a rapid development in Dubai in the mid 90’s. With this saw the businessman establish multiple hotels as there was an increasingly high influx of individuals who were coming from all over the world to conduct business in the city. What’s more, over the years his business in the property development expanded, which saw him eventually establishing the DAMAC Properties.
About Hussain Sajwani’s Business in Property Development
DAMAC Owner Hussain Sajwani decided to officially launch his property business, DAMAC, in 2002. Currently, the company is UAE’s real estate firm that is associated with the most flamboyant properties where they even award their buyers with a free Bentley for any luxurious apartment they purchase. One of its most recent projects was the creation of the exuberant golf course for President Donald Trump. Equally important, Hussain Sajwani has incorporated his food business with the DAMAC’s operations whereby he applies the same ideologies that helped his catering business to strategically serve internationally.
Further, as part of DAMAC Group’s growth, as per albawaba.com, the company located in Dubai has been able to develop other projects in Saudi Arabia, Jeddah, Riyadh, and Turkey among others. In its portfolio, the company has delivered more than 16,800 homes and has a track record of the development of the over 44,000 luxurious units that are in various phases. Also, as a top organization in the properties market, DAMAC is publicly listed among the companies that trade their shares in the Dubai Financial Market. The company again operates CSR projects as well, where its most recent philanthropic moves was when DAMAC gave a cheque to support over 50,000 poor children in the world.
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