Hussain Sajwani: A Remarkable Man That Founded The DAMAC Group

Hussain Sajwani, chairman, CEO and founder of the DAMAC Group, is listed at #3. on Forbes list for billionaires in Dubai and is a remarkable man. At only the age of 3 years old, he worked with his father in his father’s watch and pen store where he learned the values of hard work and dedication. Although his father hoped he would stay on with the family business, Sajwani knew in his heart that he would be following his own path. Before he went on to form his first business, he picked up some experience as Contracts Manager at GASCO, a subsidiary of ADNOC (Abu Dhabi National Oil Company).

After receiving his Bachelor’s degree in engineering and economics, Hussain Sajwani family decided to found a catering business. To this very day it is a market leader that serves over 150,000 meals every day to people in Africa, CIS, and the Middle East. He then went on to participate in the formation of other business’s and also became an investing genius. He formed his flagship investment company, DICO Investments Co LLC., which focuses primarily on mergers, private equities, and acquisitions, and holds minority and majority tradings in many different publicly traded companies. He is also the chairman for Al Anwar Ceramic Tiles Co., which is one of just two tile manufacturer in his nation and the first of its kind.

By working with Donald Trump, Hussain Sajwani and the DAMAC Group have managed to construct some of the greatest luxury property developments in the world. Specifically, the golf course communities that Hussain envisioned and helped his company to build are where The Trump Organization and himself do business. By managing and maintaining the golf courses that sit in the center of these world-renowned golf course communities, Donald Trump has come to get to know Hussain much better and, in fact, said that he was, “A very, very, very amazing man.” The Trump Organization will continue to do business with DAMAC going into the future.

Hussain Sajwani loves his family, which consists of his wife and 4 children. Some of his hobbies include design and trends in architecture. He is especially interested in how each particular region affects the architecture of the area.

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