Hussain Sajwani: Finding Success in the Real Estate Sector of the UAE

Hussain Sajwani is a billionaire from the UAE, having a $2 billion net worth. The UAE-based businessman owns DAMAC Properties, and a successful food catering services firm. Despite the wealth that he acquired through the years of hard work, he never forgets to give back to the poor. Aside from his successful business ventures, he is also known for his philanthropy, and he has been donating to charities and other campaigns that focus on helping the less fortunate. He recently donated 2 million AED to an organization aiming to provide clothes to poor children, and another 1 million AED for those who have started the #AUECompassion campaign. The money that he donated for the campaign was used to support the refugees who are fleeing the war zones in Syria.

Hussain Sajwani stated that his fortune came after his food catering business became a huge hit. It was established in 1982, and through his impressive managing skills, the company managed to become one of the leading food catering businesses in the country. Later on, franchises started to appear in neighboring Middle Eastern countries. His business spread to Africa and Central Asia a few years later, and it generated his first millions. He entered the real estate and property development sector in 2002 after the establishment of DAMAC Properties. He knew that the country would open up a lot of opportunities for real estate businesses, because of the government’s order to local entrepreneurs to help develop Dubai.

As the DAMAC Properties became known around the world, it gave Hussain Sajwani the opportunity to work with other popular business people, like Donald Trump. The two partnered to build several properties in the UAE, most notably two golf courses which are located inside a huge resort. Hussain Sajwani and Donald Trump kept their relationship closer, and after the victory of Donald Trump in 2016 against Hillary Clinton, the UAE businessman stated that the relationship between the two families grew closer, and his victory would mean a better relationship between the UAE and the USA. DAMAC Properties have also opened the Trump International Course Dubai and the Trump World Golf Course to tourists.

Additional source: https://www.alaraby.co.uk/

Leave a Reply