HUSSAIN SAJWANI EXPANDING DEVELOPMENT PORTFOLIO OF THE MIDDLE EAST

Hussain Sajwani has made a name for himself in the business world both in UAE and the world. He has been involved in various businesses and investments that have earned him a spot in Arab’s top 100 influential people. Hussain Sajwani is the founder and chairman of DAMAC properties. He was born in the UAE but later moved abroad where he studied at the University of Washington.

Hussain Sajwani first job was as a contract manager for GASCO. He worked for a few years before deciding to start up his own business. In 1982, he set up his catering venture and from which it grew to become a renowned business in the Middle East.

In the mid-90s after the government allowed for people to own property, he shifted his attention to the real estate where has also excelled. It is from this opportunity that led to the formation of DAMAC properties a publicly listed company in the Dubai finical markets in 2002. The company has grown by leaps and bound to become middles east leading property Development Company. The company prides itself in developing residential, commercial and leisure developments across various major cities in the world. The company has delivered over 20,000 units with more units being in the planning phase.

To achieve its objectives the company has developed partnerships with other leading brands such as Bugatti, Versace, Just Cavalla, Paramount hotels, Paramount resorts and Fendi Casa. To even bring more pride and credibility, DAMAC has also partnered with the Donald Trump organization to build state-of-the-art golf courses. It is this partnership that led to Hussain Sajwani, the DAMAC owner, having a closer business relationship with Donald Trump.

Regarding expansion, the company established DAMAC Mansion, a hospitality division back in 2011. The division provides world-class services to hotel rooms and apartments in the hospitality sector. Under its umbrella, the company has employed over 2000 employees.

On the social corporate responsibility side, DAMAC has also been involved in various charity forums as a way of giving back to the society. The most notable charity event was the collaboration with Emirates Red Crescent where they donated money to purchase clothes for the needy.

 

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