From modest beginnings, the Damac Properties catering division has grown across multiple specialties and today stands as a market leader of 200 projects while serving 150,000 daily meals in countless markets, such as the Middle East, Africa and even the CIS. In addition to serving construction campsites, army encampments, educational institutions, 5-star hotels and onshore or offshore locations, this division specializes in offering ancillary services through camp management, maintenance and manpower supply. Hussain Sajwani was one a top pioneer of the recent property market expansions in Dubai: In the mid 1990’s, he built many hotels to accommodate a growing influx of immigrants coming to the UAE to conduct business and trade.
He identified a market opportunity that later established Damac Properties, which grew into one of the largest development companies within the Middle East. Sajwani’s valued know-how and expertise in the fields of property development and marketing, sales, legal solutions, finances, and administration are a few of the key drivers to the company’s success; today, Damac works with several prestigious projects in renowned global cities – such as Dubai, Abu Dhabi, Amman, Beirut, Riyadh and especially London.
DAMAC Properties employs nearly 2,000 employees. It’s a publicly-listed organization with shares that trade on the Dubai Financial Market. Damac maintains one of the best track records in luxury property developments and has delivered more than 17,900 homes with development portfolios of more than 44,000 units at multiple stages of their progress and planning.
As a leading brand in the newest markets
DAMAC Properties has recently joined forces with the most recognizable fashion and lifestyle brands in order to bring newer and more exciting living concepts to the current markets. Such projects include a Tiger-Woods-designed golf property – set to be managed by Trump’s Organization itself – as well as luxury apartments and interiors by Italian designers Versace and Fendi. Also included will be luxury villas by Bugatti and conceptualized Paramount Hotels & Resorts for delivering serviced living at its finest.
Check out Hussain Sajwani on LinkedIn.
Introduction and History
George Soros was born in 1930 in Hungary, and he moved to England to study Economics. At this time, he worked both as a waiter and a railway porter to support his studies. Forbes reports that he started his hedge in Wall Street with an initial capital of $12 million. Through his knowledge in understanding different markets, he has raised the worth of the company from the initial investment to the current worth of $30 billion. Residing in the United States, Soros is currently cited as among the richest people in the world. Forbes reports that George had once shorted the British pound in 1992, and he became famous for this act. He broke the Bank of England. His wealth and knowledge have placed him in a position of political influence and philanthropy.
Learn more: http://www.biography.com/people/george-soros-20926527
The philanthropic and social work of Soros
Up to date, George has given about $12 billion for philanthropy. Having been discriminated upon during the Nazi regime, he understands what it means to be a minority. The current groups of people that include the drug users, people with disabilities, families, and groups that cannot support their causes have been his main interest. With the desire to create s better community, he has dedicated his life to making other people’s lives count. A few years back, Soros ensured that most black people who could not get a proper education were given scholarships. He funds the things in which he believes. Supporting orphanage homes, people with disabilities and the less fortunate families are some of his major contributions. Know more about George Soros on CNBC.
Contribution to the American Politics
For a long time, George has always tried to stay away from the political arena. He does not like to involve himself with too much of politics. The latest presidential race became one of his major interests in the history of politics in America. He financed several candidates from the Democrats’ party. He believed in their ideologies, and he has always been a critic of Trump too. There is a connection which he has had with Hillary for the last 25 years. She welcomes him to discuss on different economic matters and how to improve the American economy. With his wealth, he financed her campaigns. There is a particular time when George Soros pumped $25 million after putting other resources in line for the elections. He did not only fund the presidency, but he also financed other positions like the congress and the senate as long as they were from the democrats. Learn more about this article at washingtontimes.com.
Hussain Sajwani has helped change the real estate landscape of the Middle East by developing some of the finest commercial and residential buildings in the region. His firm, Damac Properties is headquartered in Dubai but has running operations in many other countries, such as Oman, Qatar, United States, United Kingdom, Saudi Arabia, and parts of Africa as well. Hussain Sajwani always dreamt of becoming a successful career, and even though he had a comfortable job at Gasco as a contracts engineer after graduating from the Washington University, he went on to start a catering and support services company named Al Jazeera.
Al Jazeera continues to operate till date and has grown to become a market leader in its field, and has even served clients such as Bechtel and U.S Military. Damac owner has not grown complacent with time when it comes to Al Jazeera services, even though its turnover is minuscule when compared to that of Damac Properties. It is because he continues to remain passionate about the food business, and under his guidance, Al Jazeera services manage more than 200 projects presently. It showcases the business acumen of Hussain Sajwani and his ability to run multiple businesses successfully and simultaneously.
And, if you think that is enough, he also regularly invests in the stock market of the country and also in the international equity markets. He is even a major shareholder in many of the publicly listed companies and continues to trade large amounts in the stock market on a regular basis. It is his passion, and he has established DICO Investments especially to take care of his real estate and stock market investments. DICO Investments is also meant to look for investment opportunities globally.
Hussain Sajwani is the third richest person in the United Arab Emirates and is a self-made billionaire. Hussain Sajwani is a philanthropist and continues to donate to many different charities on a regular basis. Hussain Sajwani family donates to many different local charities, and Hussain Sajwani announced the donation of AED 2 million to help poor children get clean clothes. Even Damac Properties has a corporate social responsibility system in place to ensure the company gives back the society in whatever way possible.
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Like most, I tend to have a narrow view of people that are extremely rich, that is until I read about George Soros. Born to Hungarian parents that were Jewish in 1930, Soros and his family survived the brutal Nazi persecution of over 500,00 Hungarian Jews. Soros studied at the London School of Economics while working as a night porter and nightclub waiter and eventually immigrated to the United States in 1956. At this point, George Soros earned a fortune in the world of finance and investing and opened Soros Fund Management in 1970.
Soros started his endeavors in philanthropy in 1979 by giving scholarships to black South Africans during the apartheid era. Soros founded the central European University after the Berlin Wall came down to engender critical thinking – unheard of for the time at universities in the former Soviet States. He also funded cultural exchanges between Eastern Europe and the West to help open the eastern block to more progressive ideologies. Soros has been openly critical of the war on drugs while being a catalyst for the medical marijuana movement. Soros has also been a vocal backer of those fighting for the rights of same-sex couples in their efforts to legally marry. Read more about George at The New York Times.
Soros has supported thousands of lawyers and paralegals fighting for the rights of those wrongfully incarcerated over the years. He has given financial aid to many thousands of students from marginalized groups that showed promise. As well, Soros has supported groups outside of his own Open Societies Foundation, including; Global Witness, The International Crisis Group, and The Institute for New Economic Thinking. George Soros established the Open Society Foundations.
To put a more precise gauge to the level that Soros cares about helping disadvantaged and disenfranchised people the world over – His current total in dollars given to help those in need equals 12 billion. I humbly admit to being in awe that a man of his vast wealth has given so much of his time, money and mind to making the world a better place. Even now in his 80’s Soros travels and advocates for changes and the ideals that he believes in. Soros champions what many consider the lost causes of the world that may never be resolved.
If like me, you have mostly spent your life as a skeptic of the world’s “super rich”, I highly encourage you to visit Open Society Foundation’s web page about their founder George Soros. Until today I had never heard of George Soros. Sometimes the world’s greatest people are ones that we have never heard of.
Betsy BeVos is the Education Secretary of President Trump’s cabinet. She is known as a very successful businesswoman of the DeVos Family. The less known part of her personality is her philanthropic activities. In 1992, she began her political career by joining the Republican Party. Betsy DeVos held various positions in the Republican Party from time to time. Throughout her life, Betsy has been a strong advocate of educational reforms in the United States. Her philanthropy revolves around reforms in education. Betsy is married to Dick DeVos who is the founder and President of the Windquest Group. The couple decided to establish their family foundation for philanthropy in 1989. It is how Dick and Betsy DeVos Family Foundation was founded. The foundation provides funds to various institutions to support causes for education, leadership, justice, arts, and community. In 2015, Betsy DeVos gave away twelve million dollars for different causes. The amount was five times she used for her campaigns from 2010 to 2015. The couple is on the twenty-fourth spot on Forbes list of “America’s Top Givers.”
Betsy gave away four-hundred-thousand dollars to Loudspeaker Media Incorporation which is run by Campbell Brown—a former anchor at CNN Channel. Brown will utilize the funds for his educational website. He also runs the Partnership for Educational Justice which is a nonprofit company. Betsy DeVos provided an additional amount of four-hundred-thousand dollars for the company. The Success Academy Charter Schools and GREAAT Schools, Inc. received one-hundred-and-fifty-thousand dollars and five thousand dollars respectively. The Potter’s House is a famous Michigan-based Christian School that Betsy visited on the invitation. She promised to provide funds to school during her visit. The school received two-hundred thousand dollars as Betsy promised. Alliance for School Choice is a nonprofit organization works closely with the American Federation for Children. Betsy provided a funding of one-hundred-thousand dollars for the alliance. A foundation which works for the reforms in the education system was given fifty thousand dollars by Betsy DeVos. Follow Betsy on twitter.com
A think tank in Washington D.C is the American Enterprise Institute for Public Policy. Betsy DeVos is a member of the Governing body of the Institute for which she donated seven-hundred-and-fifty-thousand dollars. She also donated ten thousand dollars to a libertarian and nonprofit law firm known as Institute for Justice. For Intercollegiate Studies Institute, Inc., Betsy provided six-thousand-and-five-hundred dollars. The University of Maryland has an institute named College Park Foundation which was given five-hundred-thousand dollars. The university named the foundation after the name of Betsy and Dick. The School of Missionary Aviation Technology provides training for flight and aircraft maintenance to men and women. Betsy gave one-hundred-thousand dollars to the school. Several other institutions including the Ferris State University were provided thousands of dollars by Betsy. Read more news on The New York Times.