Listed among the 100 most influential person in the globe is Hussain Sajwani; the founder and chairman of DAMAC Properties. Though born to business-oriented parents, the Graduate from the University of Washington kicked off his career at Abu Dhabi National Oil Company. For a short period, he served as a contracts manager for the company’s subsidiary known as GASCO. He later established his firm and ventured into catering in 1982. His foodservice company attracted high profile clients such as Bechtel and the United States military. Learn more: https://www.facebook.com/HussainSajwaniOfficial/
With the influx of business personnel in the Middle East in the mid-90s, the Hussain Sajwani family built some mid-market hotels to accommodate them. On seeing a gap in the expanding properties market, Hussain Sajwani established DAMAC Properties, a global real estate development company, in 2002. Although the DAMAC Group has its headquarters in Dubai, they deal with luxury real estate and deliver commercial, leisure, and residential properties in Jordan, Qatar, Lebanon, Saudi Arabia, and the United Kingdom.
It is one of the largest companies in the Middle East dealing with property development with over 2000 employees. At the beginning of 2015, it became a publicly listed company. Its shares trade on the Dubai Financial Market. They have a development portfolio of over 44, 000 units and have delivered over 19, 855 projects. The DAMAC Hotels & Resorts manages 13,000 serviced hotel apartments, hotel rooms, and hotel villas.
Hussain Sajwani has a track record in the development of luxury properties with several prestigious projects in major global cities. At the beginning of 2013, he partnered with Donald Trump to develop two golf courses bearing the Trump Brand. One is located in DAMAC’s Akoya residential development and was opened in February 2017 while the other one, which was designed by Tiger Woods, is set to open at the end of 2018.
Hussain Sajwani is also involved in various philanthropies around the world. In 2013, the DAMAC owner donated AED two million to a campaign initiated by the Emirates Red Crescent meant to clothe 50 000 children in a bid to raise their living standards. Learn more: https://www.linkedin.com/in/hussainsajwani