How Hussain Sajwani Built DAMAC Properties Into A Multinational Firm

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How Hussain Sajwani Built DAMAC Properties Into A Multinational Firm

11
Sep,2018

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Hussain Sajwani is a United Arab Emirate entrepreneur who launched his first company, Global Logistics Services, in 1983. This company offers catering services at military bases, hospitals, and large construction projects across the Middle East and Eastern Europe. His second company, DAMAC Properties, was launched in 2002. This company develops high-end real estate projects which include both residential and commercial structures.

One of Hussain Sajwani‘s calling cards with DAMAC Properties is partnering with other luxury brands. His latest development, for instance, has an 18-hole golf course that was personally designed by Tiger Woods. He also partnered with the Trump Organization to manage this golf course like they do at one of his other Dubai-area developments. Other luxury brands he has had design the exteriors or interiors of his properties include among others Fendi, Vercase, Paramount Hotels and Resorts, and Bugatti.

According to Arab News, now that there are DAMAC Property developments across the Middle East, Hussain Sajwani is looking elsewhere in the world for new opportunities. The first international development he built is in London, England. Along with Europe, he is also looking to develop in Asia, especially China. As the people of China become wealthier he sees the opportunity for the types of developments he specializes in fitting well in that country. He also points to great bilateral relations between his country and China as another reason to invest there.

Besides serving as the chairman of the board of DAMAC Properties, Hussain Sajwani has also served on other organization’s boards. Among these are New York’s Juno Online, Abu Dhabi’s Takaful Company, and the Majan University College which is located in Muscat, Oman. Other organizations he is affiliated with include Al Jazeira Services, Al Anwar Ceramic Tiles Co, and Al Amana Building Materials.

He is also a philanthropist. Five years ago he provided AED two million which went towards buying clothes for children living in developing countries. Hussain Sajwani also now supports the One Million Arab Coders Initiative. This program will provide one million people with the opportunity to get the skills and training they need, for free, to work in the technology industry.

Reference: https://ideamensch.com/hussain-sajwani/

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