DAMAC Properties Has Continued to Shine and Prosper under Hussein Sajwani’s Watch

Hussain Sajwani is a distinguished property developer with interests in real estate and the food industry. After graduating from the respected Washington University, he got a position at Abu Dhabi National Oil Company. He held the position of the Contracts Manager at the firm’s subsidiary, GASCO.

He left GASCO to start his first business in the catering sector, which he runs to date. Hussein later developed interests in property development and the 90s; he built a number of hotels becoming one of the first entrepreneurs to invest in the industry. In 1982, he started DAMAC Properties, which has since grown to be an emulate property development firm in the Emirates.

Hussain also has interests in the capital markets, which led him to start DICO Investments Co LLC. The company deals with private equities investments, mergers & acquisitions, as well as trading in publicly traded companies.

DAMAC Properties

Hussain Sajwani has massive expertise in the overall running of the business from sales and marketing to legal, finance, and administration.

Under his watch, DAMAC Properties has grown its operations from its headquarters in Dubai to other major cities of the world, including Jeddah, London, Riyadh, Amman, Beirut, Abu Dhabi, and Doha. He also grew it from a private firm to a publicly traded company floating its shares at the Dubai Stock Market. Learn more about DAMAC owner: http://www.gulfconstructiononline.com/news/story/4267

The company develops leisure, residential, and commercial properties. In the recent past, DAMAC Properties have continued to partner with top lifestyle and fashion designers, including Versace & Fendi and Bugatti to develop properties with new and catchy concepts.

A Worthy Partnership

Hussain Sajwani family and Donald Trump’s family share a relationship that lengthens beyond business. This has been evidenced by the frequent times that both families have met and dined together with Donald Trump praising the DAMAC owner. Read more: Hussain Sajwani | Newksira

Their property development companies, The Trump Organization and DAMAC Properties, recently joined forces to create two golf courses. The first golf course, The International Golf Course was officially opened in early 2017 with the second expected to be launched by the end of 2018. This relationship has spilled over to their children as they are now actively working together to deliver on the two projects.

Philanthropy

Hussain Sajwani together with his company, DAMAC Properties have interests in Philanthropy. He recently donated 2 million AED to a campaign christened The Ramadhan Initiative. The initiative is focused on providing clothing to needy children across the globe.