The Rise of DAMAC Enterprises with Hussain Sajwani

Nothing is fascinating than a story of an investor who started from scratch and rose to the top. It is a story of hope to all the people who are struggling to start a business and those who are losing faith in the whole process. This is the kind of story that describes the life and history of Hussain Sajwani.

Hussain Sajwani is the founder and owner of the most prominent real estate firm in Dubai, Africa, and CIS. DAMAC Enterprises has been able to create a name for its self through there continues provision of quality property to their clients. Over the past years, Hussain Sajwani has been able to develop more than 20000 homes. This is a big deal because many real estate firms are still struggling to hit that target.

Hussain Sajwani was among the first people to start the real estate business in Brazil. He founded the firm in 2002. Initially, he built hotels to accommodate the overflowing population in Emirates caused by the business people. It was not until in 2002 that he realized that the real estate venture was completely unexplored and began DAMAC.

Hussain Sajwani (@hussainsajwani) is known as a titan in the business world, and this has made it easier for him to create valuable partnerships. For instance, he has been working with Donald Trump since 2013 when they first worked on Trump’s International Golf Club. Over the years, their relationship has graduated from a business relationship to friendship. Hussain Sajwani and his family were among the guests who celebrated the New Year’s Eve Party with Trump.

The invitation brought a lot of controversies because many people saw it as Trump’s way of holding on to his business partners even after promising not to pursue any personal business while still in office. However, the DAMAC Owner cleared things saying that Trump’s current position could not affect their partnership because his children especially Ivanka understands his father’s business.

Besides creating a name for himself in the real estate business, the other factor that has contributed to Hussain Sajwani being in the list of the most influential Arabs in the world is his philanthropy work. He recently contributed enough to cloth 50000 children to a group aiming to cloth two million children. See Sajwani’s profile on bloomberg.

Read full article: https://www.forbesmiddleeast.com/en/tag/hussain-sajwani/

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