Hussain Sajwani: The Persistent and Optimistic Businessman from Dubai

For one to make it business one must be persistent, committed, hardworking and goal oriented. This is the one lesson that the story of Hussain Ali Habib Sajwani; one of the wealthiest men in the United Arab Emirates teaches. Hussain Sajwani began his career in the food business during the 1980s where he served workers in the energy sector. He also used his firm to feed the United States army while on missions in countries such as Somalia, Iraq and Bosnia.

In 2002, after seeing that the returns from the catering industry were not in line with his expectations and life goals, he looked for another investment opportunity. He realized that the real estate industry was growing fast and thus if he invested in it at the time, he would grow his wealth greatly. He founded his real estate company called DAMAC Properties which is based in Dubai.

Since the time, the company has grown to become one of the largest real estate companies in the Middle East. It has been involved in the construction of many luxurious and prestigious real estate properties that are characterized by unique and sophisticated designs. One of their recent accomplishments is the construction of the Trump International Gold Club in Dubai.

Construction of this gold course brought to light the relationship between Hussain Sajwani family and the United States President Donald Trump. From simple catering to dealing with one of the most prominent business people that the world has seen? That is surely a tremendous journey. Hussain and Trump are friends and have been involved in many business deals through their organizations. However, the presidency is posing threats to the business relationship between the two.

Despite the potential loss of future deals with Trump Organization, Sajwani remains positive saying that rather than fewer or no deals with the organization, he expects more deals from Trump’s children who will now be running the family business. Even in the past, Hussain Sajwani has shown that he is not threatened by adversaries in the business world. For example, the 2008 recession left his business standing even after most real estate companies failed. He remains optimistic with eyes on the price.

Read more: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots