Damac Chairman Relishes His Roots
While the Damac Group looked forward to an IPO, the group’s chairman Hussain Sajwani professionalism in the food sector is noticed in his capability to cultivate allies significantly in high places on the world scale.
Damac is associated with eye-catching marketing stunts and luxurious property developments in the UAE. In the recent past, it was associated with the wonderful golf course ventures of Donald Trump.
Hussain Sajwani is the University of Washington graduate who began his profession at GASCO as a contracts manager. The firm is the affiliate of Abu Dhabi National Oil Company (ADNOC). After a while, Sajwani started his business, and in the year 1982, he commenced a catering venture.
From simple beginnings, the catering sector has grown to higher levels and is currently one of the giants in the market handling over 200 projects daily. Besides, Sajwani is among the pioneers of the Dubai property market expansion.
He launched several hotels in the mid-90s to accommodate the increasing influx of people arriving at UAE to do trade and business. One of the greatest times was in 2002 when he identified the large market opportunity and founded Damac Properties. The real estate company has today grown into one of the biggest real-estate firms in the Middle East.
Sajwani’s expertise and skills are distributed in the sector of property development from administration, finance, legal, sales, and marketing. His professionalism is one of the major drivers of the success of his company to date. DAMAC Properties has different prestigious ventures in major world cities such as Dubai, Amman, Beirut, Abu Dhabi, Doha, Jeddah, London, Riyadh, and Muscat.
DAMAC Properties employs approximately 2,000 workers being a publicly listed firm with shares marketed on the Dubai Financial Market. The organization has one of the top-most track records in luxury real-estate development market, and currently, it has delivered more than 21,700 units. Besides, it has over 44,000 development portfolios in different stages of progress and planning.
As a leading market brand, DAMAC Properties has joined hands with some of the renowned lifestyle and fashion brands that bring exciting and new living concepts to the market.
Find out more about HSTA: https://www.celebfamily.com/entrepreneur/hussain-sajwani-family.html