Hussain Sajwani is a Maverick when it comes to Business

In 2002, Hussain Sajwani founded DAMAC Properties. The company was established with the intent of joining the real estate development industry and develops residential, commercial and leisure properties. Sajwani’s interest in business goes back to his childhood when he worked in the family business and saw business development and operation up close and personal. He was fortunate to win a government college scholarship where he traveled to the University of Washington and studied Economics and Industrial Engineering, earning a Bachelor’s degree.

His first foray into business was upon graduation from college. With his degrees in hand, he took on employment opportunities with Abu Dhabi Gas Industries in the finance department. After two years with the company, he decided he could make more money working for himself than someone else. He moved onto the catering business with customers that included Bechtel and the United States Military. The catering business is still in operation today under the name of Global Logistics Services.

Sajwani did well with the catering business building it into one of the largest catering services in the world. As mentioned in an article from Forbes, After a close look at profit margins in the catering business, he decided he could make more money developing real estate. The Sajwani family had always dabbled in real estate development, building small motels and hotels. Not being one to jump into the deep end of the pool, Sajwani studied the real estate market and identified areas of potential lucrative development.

According to arabianbusiness.com, DAMAC Properties has grown into one of the largest development companies in the Middle East. Some of the projects include a Tiger Woods designed golf course, luxury apartments with interiors fashioned by Fendi and Versace, luxury style villas fashioned by Bugatti and in a partnership with Paramount Pictures, the Paramount Hotels and Resorts. He branched out into London with an investment of £600 million and created the Versace inspired Aykon London One Tower.

Sajwani has partnered with the Trump Organization, particularly Donald Trump himself and developed several luxury golf courses in the Middle East. He is hoping for a continued association with the Organization and working with the Trump Children – Donald, Jr., Ivanka and Eric. Hussain Sajwani credits his success with several things including taking calculated risks, not being afraid of failure and learning great lessons as a child working in the family business.

Here’s another article about Sajwani that you should also read: https://premiergazette.com/2018/04/meet-hussain-sajwani-damac-owner-chairman/

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