The Property Development market has become more competitive and its challenging for a company to dominate the industry. However, DAMAC Properties has worked hard to maintain its stance as one of the leading firms in this industry, thanks to its founder Hussain Sajwani. The DAMAC owner is a successful entrepreneur whose vision has contributed to the expansion of DAMAC Properties. His path to success started out in his father’s shop where he developed an interest in entrepreneurship at a tender age while assisting his father run the shop.
Hussain Sajwani is ranked as the fourth richest Arab by Forbes Magazine, and his net worth is approximately $4 billion. He is a citizen of United Arab Emirates and is regarded as one of the most influential personalities in the Gulf region. Hussain attributes his success to embracing his failures and learning from them. He also points out that his willingness to learn new skills has helped him to become a better businessman.
As an entrepreneur, Hussain Sajwani admires Jack Welch, the former CEO of GE. Welch once said that great business leaders are those who can create a vision, own their vision and articulate it and then work tirelessly to achieve it. The DAMAC owner believes in Welch’s sentiments and admits that they are his guiding principle in everything he does in his business and personal life.
As per eremnews.com, traveling is one of Sajwani’s hobbies, and he admits that it has helped him to gain new perspectives. The DAMAC owner says that these new perspectives are crucial in bringing new dimensions to businesses and encourages other entrepreneurs to travel more. He adds that having a strong foundation and empowering an organization’s employees are among the essential factors that determine the organization’s success.
Hussain Sajwani studied Industrial Engineering and Economics at the University of Washington. Apart from being a real estate developer, he has invested in the catering industry through a company called Global Logistics Services which he started in 1982. The company operates in the international market, and some of its clients include Bechtel. Sajwani is a family man who believes it is essential to spend quality time with his family each day.
Sajwani Official Facebook Account: https://ar-ar.facebook.com/HussainSajwaniOfficial/