Hussain Sajwani and How He Runs DAMAC Properties

Hussain Sajwani has recently been ranked among the 100 most influential Arabs worldwide. This can be attributed to the great success he has experienced in terms of career. In the year 1981, he started his career at Abu Dhabi Gas Industries (finance department). He then founded the company that is currently Global Logistics Services. It started as a catering service for the U.S. military. In the year 2002, he pioneered a company in real estate, DAMAC Properties. It has consistently grown over the years and was recently (2015) listed on the Dubai Financial Market. He currently holds a position as the founder, chairman, and CEO of the DAMAC Properties.

The DAMAC owner, deals with an extensive assortment of buildings and projects. There are residential as well as recreational facilities that he has foreseen construction of. For instance, the Tiger Woods Golf Club owned by Donald Trump, luxury villas (Versace) and the Paramount Hotels and Resorts.

One of the most notable connections and networks that he has created during his career is that with the president of USA, Donald Trump. It all springs up initially from the fact that the two have invested in real estate. However, their relationship extends to even a personal level. They constantly have social interactions, such as lunches and dinners together. It is also very evident, from his comments, that Ivanka Trump (Donald Trump’s daughter) and his wife are friends and even constantly communicate with each other. His vast knowledge of the way the Trump business empire is being run, especially being handed over to the younger generation (his children) shows how involved he is in their dealings.

According to celebfamily.com, The DAMAC Properties has its success mostly attributed to the networks created by the CEO, right from the initial years when he worked for the US government (catering services). This networking has aided the development of the company. Initially, during the inception of the DAMAC Properties, his objectives were to reach out to the middle-class customers in real estate. However, during actualization, this was not the case. They ended up having construction projects of very high class and standards, which were aggressively marketed. These have survived consequent economic blows and depressions, virtue of the discipline they reflect in terms of costs and expenses.

From the latest blog: https://lookup.ae/news/10885/business-profile-meet-damac-owner-hussain-sajwani