Hussain Sajwani and DAMAC Properties

Hussain Sajwani is a UAE national. He is the founder and chairman of DAMAC Properties. DAMAC Properties is an international property development organization. Hussain holds a degree from the University of Washington. His career started at GASCO where he served as a contracts manager. GASCO is a branch of ADNOC (Abu Dhabi National Oil Company). However, Hussain did not stay long with the company. In 1982, he decided to come up with his catering venture. The catering venture has grown since then to become one of the global leaders in the industry.

The catering venture manages more than 200 projects. In addition to this, the venture serves over 150,000 meals daily in various markets across the Middle East, CIS, and Africa. The company offers its services to educational institutions, army camps, construction campsites, five-star hotels as well as onshore/offshore locations. Besides, the enterprise specializes in providing additional services such as workforce supply, camp management, and maintenance.

Hussain Sajwani is one of the innovators of Dubai’s property development expansion. In the mid-90s, he constructed several hotels to accommodate the many people who visit the Emirates either for business, trade or relaxation. In 2002, Sajwani saw an opportunity in the market and decided to come up with DAMAC Properties. The company has expanded to become of the largest property development organization in the Middle East. Moreover, Hussain has a lot of experience in the field of property management from the administration, sales, legal, marketing, and finance as one of the significant drivers for any company to flourish. Currently, DAMAC Properties has many admired projects in major international cities such as London, Abu Dhabi, Dubai, Riyadh, Jeddah, Amman, Doha, Beirut, and Muscat.

DAMAC Properties has over 2,000 workers, and its shares are traded publicly on the Dubai Financial Market. The company has earned itself the best record when it comes to the luxury property development sector. The company has managed to deliver over 20,880 units with a portfolio of over 44,000 at various levels of planning and process to date.

Hussain Sajwani has worked as a member of various boards including Juno Online in New York and Emirates, the Majan University College in Muscat Oman, and Takaful Company in Abu Dhabi. He stays with his wife and four children in Dubai.

Reference: alkhaleej.ae/economics/page/fe8c106f-a20f-4223-9ff9-0cf88df61a45

Leave a Reply

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