Hussain Sajwani started his career in the catering industry back in 1982. He is the current Chairman and the founder of DAMAC Properties. He has achieved remarkable success in his career thus entering into the Forbes list of fame as one of the top 10 World’s richest Arabs. He is currently involved in the management of DAMAC Properties and seems to be very energetic despite age. He is also a philanthropist and has been involved in several activities aimed at giving back to the community through Hussain Sajwani-DAMAC Foundation.
Hussain Sajwani Humble Beginning
Hussain is a citizen of the United Arab Emirates and a former student of the University of Washington. He is currently running one of the most significant and fastest growing real estate companies in Dubai. Tha company is called DAMAC Properties and is one of the largest developers in the whole country and the continent at large. Before starting the company, he began a food catering business that was called DAMAC Food Services. That was immediately after he had graduated from the University of Washington whereby he had graduated with a degree in economics and industrial engineering.
In an article from Alhayat, the catering business expanded very well, and he managed to get customers from the U.S military as well as Bechtel which was a famous construction company by then. They became their most prestigious clients. He identified an investment opportunity in the real estate sector when the government announced that foreigners would start to buy and own freehold property legally. He decided to try his luck, and that was the beginning of greatness in his career of developing.
DAMAC Properties came into being when the government of Dubai passed the freehold law. He was able to buy and plot of land which was followed by a 38 story residential building. That was the beginning of the most lucrative career that has made him a successful person.
Hussain Sajwani Involvement in the Philanthropic World
Husain Sajwani, the DAMAC Owner, has decided to share with the community after he has been able to put DAMAC Properties at the top in the business successfully. He has been actively involved in the charity missions that help at improving the lives of the less fortunate in the society.
The Foundation is run as a joint venture between Hussain as an individual and DAMAC as a company. He has been trying through the foundation to improve the educational opportunities of his community members.
Related site: https://www.propertyfinder.ae/