University of Washington graduate and UAE native Hussain Sajwani is an incredible businessman. His DAMAC Properties, the real estate development company he founded in 2002, is among the leading property development companies in the Middle East and is making inroads in major cities around the globe. Sajwani has even worked with Donald Trump on development projects involving hotels and golf course. DAMAC Properties has also built more than 20,200 homes, has over 44,000 more under development and is involved with commercial and residential projects in places like London, Dubai and Beirut.
Not long ago, Hussain Sajwani was a contracts manager for GASCO, an Abu Dhabi National Oil Company subsidiary. But Sajwani is an aggressive entrepreneur who is always looking for business opportunities. The tremendous growth he has enjoyed in the real estate industry was because in the 1990s he decided to invest in hotels so all the thousands of people coming into the UAE to do business would have places to stay. Once the Dubai government decided to allow foreigners to buy property there, Hussain Sajwani built and sold tens of thousands of condos and apartment homes in the emirate.
In addition to his role as president of DAMAC Properties, Hussain Sajwani has also made a number of other lucrative investments. In 1982, he started a catering company that garnered the lucrative contract to supply U.S. military forces stationed in the Middle East with food. The catering company, which he still owns today, also provides meals for a number of large Western companies doing business in the Middle East. An astute businessman, Hussain Sajwani also founded DICO Investments Company. This company handles mergers and acquisitions, private equity and Sajwani’s successful forays into capital, securities and regional and global equity markets.
In addition to all the success he has enjoyed in business, charity is very important to DAMAC owner Hussain Sajwani. He has given generously to a variety of charitable organizations over the years and recently gave $2 million to purchase clothing for needy children around the globe. It is part of Hussain Sajwani’s mission to improve the quality of life they enjoy.