It is not every day you get to dine with the president of the United States and talk about personal business, but for Hussain Sajwani of DAMAC Properties, this is a norm. He not only works closely with the Trump family, but the two families are close friends. He recently partnered with the Trump Organization to build the Trump International Golf Club whose villas have brought in almost $2 billion in sales.
Hussain Sajwani is a renowned Emirati property developer and Chairman of DAMAC Properties, a real estate development company. His career took off as a contracts manager in GASCO a branch of the Abu Dhabi National Oil Company. In 1982, only two years after graduating from the University of Washington, Hussain Sajwani launched his first business. It was a specialist catering company now known as Global Logistics Services which he still owns. He then launched his first property development business building hotels in Dubai in 1996 to accommodate the increasing number of people visiting the Emirates for business. Hussain then launched DAMAC in 2002. Presently, he manages investment portfolios of securities in several regional and international markets.
DAMAC is a publicly-listed corporation whose shares trade on the Dubai Financial Market. It employs about 2000 employees and boasts of being one of the best companies in luxury property development having delivered more than 20,000 homes. The company broke ground between 2001 and 2005 with a number of luxury estate projects within Dubai. It then went global in 2005 with properties in Egypt, Lebanon, Saudi Arabia, and Jordan. It is important to note that DAMAC financed its growth without help from external investors. It quickly became one of the most lucrative and influential corporations in Dubai and the whole Middle East under the leadership of Hussain Sajwani, the DAMAC Owner. In late 2013, DAMAC Properties was the first real estate company from the Middle East to be listed on the London Stock Exchange. Currently, the company is working on properties in the U.K, Qatar and Jordan.
Apart from being a real estate titan, Hussain Sajwani (@hussainsajwani) is also philanthropic at heart, giving to many charitable foundations and organizations. He is most remembered for writing a two million AED check which was enough to give clothing to over 50,000 disadvantaged children around the world.
Visit his website: https://hussainsajwani.com/ar/