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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