The Incredible Rise Of DAMAC’s Hussain Sajwani

When luxury real estate developer Hussain Sajwani made his way to the University of Washington in the U.S. his career seemed to be mapped out for him as an oil and gas executive who would be part of one of the largest companies in the Middle East.

However, after returning to the United Arab Emirates, the DAMAC owner soon found himself restless in the role he found himself in with the Abu Dhabi Oil and Gas company; this sense of needing to further his own career led to the development of a series of companies which have created one of the world’s leading luxury companies. Learn more about Hussain Sajwani: http://www.albawaba.com/business/pr/damac-needy-children-518106 and http://www.celebfamily.com/entrepreneur/hussain-sajwani-family.html

Over the course of his first years working in the oil and gas exploration industry in the 1980s, Sajwani spotted a lack of catering services being offered in the oil fields of the Middle East and set out to change the way food was offered to workers.

His first entrepreneurial achievement was so successful he was asked to provide catering for the U.S. military in the Gulf Wars and now operates a service providing food for the military, and workers in various industries in the Middle East, Asia, and Africa.

It was when Hussain Sajwani pushed his dream of developing luxury real estate directed towards the foreign investors who were flooding into the Dubai area at the start of the 21st-century that he became a global phenomenon.

A change in laws allowing foreigners the opportunity to own real estate in Dubai was used by Hussain Sajwani to build a brighter future for himself and his family as the DAMAC owner embarked on an attempt to develop real estate in a successful way and has now been valued at more than $3 billion. Read more: Hussain Sajwani | Forbes and Hussain Sajwani | Facebook

Hussain Sajwani is not a business leader who stands still and admires his success, he used an appearance at the Davos event to make sure he explained his opinion on the growing luxury real estate markets in Dubai, London, and beyond and provided a detailed breakdown of how he is limiting the number of units being constructed to avoid saturating the crowded market.

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