There are few names more well known within the Arab Emirates than Hussain Sajwani, the consummate builder, planner, multinational businessman, husband, family man and personal friend of American celebrity and President, Donald J. Trump.
Mr. Sajwani is most well known as the leader and creator of DAMAC, one of the single largest and most profitable luxury property development companies in the entire Middle East. However, it might surprise many to learn that Mr. Sajwani did not always enjoy the societal and financial successes he enjoys today.
Indeed, the first business that Mr. Sajwani ever started was a rather humble food delivery service, a catering company that would provide meals for construction sites, the military, schools, hotels and ships. Read more: DAMAC Chairman Relishes His Roots | The National
Eventually, with some careful management and fiscal finesse, Sajwani was able to expand the company into a formidable market force that expanded impressively from the the Middle East all across Africa and The Commonwealth of Independent States of the former Soviet Republics (CIS).
With the resources, networks, know-how, contacts and infrastructure Sajwani had garnered from his time working catering, he created a new company in 2002, DAMAC Properties, a high end property and development firm. The inspiration for the company came from a new and rapidly growing and highly underutilized and played to market sector of foreigner residents. Learn more about Hussain Sajwani Family: http://www.arabianbusiness.com/the-world-richest-arabs-2014-574217.html?view=profile&itemid=574179#.WHgeI2QrIUs
Hussain Sajwani seized upon this opportunity with his company and began building property to cater specifically to the emigre population. The project was a massive success, a financial victory which propelled the company, as well as its leader, to the prestigious positions they now occupy.
Currently, DAMAC remains as of the foremost real estate property development companies in the whole of the Middle East and often collaborates with such well known individuals as Tiger Woods and Donald J. Trump. Mr. Sajwani is presently the third wealthiest man in the entire Arab Emirates and belongs to the top 600 wealthiest men in the entire world.