The Success of Hussain Sajwani and DAMAC Properties

In the Top CEO Awards 2017, Hussain Sajwani took the first place after defeating the other real estate developers in his region. Also, he was also ranked number 11 from a list of one hundred regional Chief Executive Officers. The awards were held in Jeddah in the first quarter of 2017.

Hussain Sajwani is the Founder and CEO of DAMAC Properties. In the region, DAMAC Properties is well known for building luxurious real estate properties. The leader of this renown group is a graduate of the University of Washington. His carrier started when he was a Contracts Manager in the subsidiary of Abu Dhabi National Oil Company (ADNOC) known as GASCO. After a short period of working as a Contracts Manager, he was able to venture into his own business in 1982. At this point, he was catering for his venture.

Hussain Sajwani’s catering division has been able to grow immensely. Today, the division is a leader in the section as it can cater for more than 200 projects across different regions. In addition to this, the venture also serves over 150,000 meals daily.

Hussain Sajwani is also one of the pioneers in the real estate market. In the 90’s, he established several hotels to that would accommodate the high populations that came to conduct business in the emirate. After identifying a market opportunity that many had not, he established DAMAC Properties in 2002. As the owner of DAMAC, Hussain Sajwani has been able to guide the company to the level of success it has achieved today.

Hussain Sajwani has also met Donald Trump, US president severally over discussions of new ideas. The meeting is to come up with new ideas in collaboration with the owner of DAMAC Properties for future joint projects.

Hussain is also a philanthropic person. This is illustrated by the support that he has provided to the disadvantaged children. He wrote a cheque worth AED two million purposes for the children who are lacking clothes around the world. This money was worth providing clothes for more than 50,000 children. In addition to this, Husain Sajwani has been involved in the donation to many charitable organizations.

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