A Glance at the Life of Businessman and Billionaire Hussain Sajwani

Judging from his appearance, it is easy to dismiss Hussain Sajwani as any other ordinary businessman until you learn that he not only owns a business empire but is also one of the most prosperous Arabs in the world. Born in 1952, Hussain can also be referred to as the founding father of Dubai’s real estate sector as he is one of the earliest people to venture into the industry through DAMAC properties. However, it is vital to note, that even though today he is one of the world billionaires with a net worth of 1.4 billion, Hussain came from a humble middle-class family.

Hussain’s father owned and worked in a watch and pen store while his mother would purchase fabric from a wholesale market and hawk it to local ladies. It is through his parents that Hussain Sajwani first learned the art of entrepreneurship. He further perfected this by attending the University of Washington to study for an Economics and Engineering degree in addition to working for Abu Dhabi’s gas industries, finance department.

Soon after completing his studies in 1982, Hussain Sajwani went ahead to put the skills he had earned from his parents, at school and from working at Abu Dhabi gas industries by setting up his business in the catering arena. Given his rich business backdrop, his catering venture was undoubtedly destined for success, and just two years after its inception, it had customers from all over the world, including the US military.

After a few years in this arena, Hussain shifted his focus to real estate and established DAMAC properties. Since then, he has never looked back and continues to expand his empire in every dawn. Furthermore, Hussain owns a long string of businesses such as ZDICO invets, Al Jazeira services Co SAOG, Nine Elms property limited, AYKON Maldives resort and many others.

DAMAC properties itself is doing remarkably well having a development portfolio of 44,000 units, and has delivered over 19000 housing projects. Additionally, it has been the force behind some of the most renowned projects in the world such as the Tiger Woods golf course. It is as a result of such achievements that Hussain Sajwani was last year listed among the 100 most globally influential Arabs. Hussain is a good friend of Donald Trump, and apart from being a personal friend, he is a business partner to the current President of the United States of America.

Recommended you read: https://www.albayan.ae/economy/local-market/2018-04-18-1.3240562

The Takeover: OSI Group & Its Dominance

The takeover is in full-effect for the foodservice industry and OSI Group is leading the charge. This is one of the most progressive-acting and progressive-thinking companies in the world today. When you think of foodservices, this company will definitely come to mind for business people in this exclusive industry. Lets have a look at some of the facts into why OSI Group is so dominant. Acquisitions are a vital role in a company’s success as it allows the company to grow. OSI Group has its fair share of acquisitions and in 2016, it acquired two of the best. BAHO Foods and Flagship Europe are two of the biggest acquisitions of this century. The food giants produce a wide range of food products like sauces, marinades, sandwich fillings, dips, mayonnaise and a host of solid-food products.

Thanks to the acquisitions, OSI Group has been able to expand into unknown territories. This untapped market is primed for growth and the countries that it represents will receive the very best in custom-food products. What more can you ever ask for? The global markets are wide open and this company is about to setup shop. Thanks to this addition, OSI Group will strengthen its market-value while broadening its presence throughout Europe. The company has one of the best modern-day feed mills in China’s Shandong Province. This specific plant will produce over 600,000 metric-tons of feed, which will make it China’s largest operated feed mill. On top of that, the company has added a high-capacity production line in Hungary. Over 22,000 tons of processed chicken will be produced at this $25 million facility. OSI Group Buys Former Tyson Foods Plant in Chicago.
It would be extremely hard trying to find another similar company with this much clout and with this much ambition. This is the new wave of contemporary foodservices. OSI Group’s American facilities are located in the destinations of West Jordan, Utah, in Oakland, Iowa, in Riverside California and many other places. All in all, OSI Group is simply outperforming the competition, but who knows what’s in store for the years to come. OSI Food Solutions UK Awarded 2016 Globe of Honour by the British Safety Council.

 

The friendship of Hussain Sajwani and Donald Trump

Hussain Sajwani never imagined growing up that one day he’d be business partners and friends with the leader of the free world. Sajwani and Trump have become really close over the decade they’ve known each other.

The two’s relationship started in 2003 when they collaborated on a project that involved developing luxury golf courses. The business relationship has been so profitable for both that the DAMAC owner is eager to do more business deals with Trump in the future.

However, since Trump has become the U.S. President he’s announced he has no plans to do business any new business deals. True to his word he even turned down Sajwani’s offer of a $2 billion dollar real estate deal. That hasn’t stopped the two from being friends though. They celebrated new years eve together in 2017.

The billionaire entrepreneur is a real estate savant. He is regarded by many as a pioneer of the property market expansion of Dubai. Coming into the industry at a time when it became very lucrative in the area.

The Dubai government decree that allowed foreigners to own properties in the Emirates. Sajwani constructed several luxury hotels in anticipation of the influx of people the area was about to experience.

DAMAC Properties

DAMAC was founded in 2002 as a part of the DAMAC Group by Hussain Sajwani. In the beginning DAMAC was just a small private residential, leisure and commercial developer in Dubai and the Middle East.

It has grown and expanded exponentially in the ten plus years since it was established. Becoming a leader in developing luxury properties. It now has offices in North Africa, Jordan, Lebanon, Qatar, Saudi Arabia and the United Kingdom.

Sajwani also does philanthropy work through DAMAC’s hospitality division, DAMAC Maison. He is particularly passionate about helping needy children in the community. He has worked with several organizations that provide bespoke services to children. He also does work to inspire youth in bad situations to dream big and never give up.