Damac Properties Chairman Hussain Sajwani

Hussain Sajwani started serving at his father’s small shop in the Deira Souq at a young age of 13 years. The bad experience from there made him drove far away from business matters until when in the end that he fathomed that the entrepreneurial skills and expertise was in him. He schooled graduated from the distinguished University of Washington. After a brief period of time, Hussain Sajwani founded a company known as Damac Properties.

Hussain Sajwani was one of the establishers of the property market development industry in the United Arab Emirates. In mid-90’s, Hussain Sajwani constructed various types of hotels to provide accommodation and lodging to people coming and out to Dubai for work matters together with the trade business as mentioned in his Ideamensch profile. In the year 2002, Hussain Sajwani investigated and identified the market very well enough and established Damac Properties, since then it developed and grew into becoming one of the prominent big property development organization in the United Arab Emirates. Damac Properties provides work opportunities of an approximate of 2000 employees; Damac property is a public-listed company, which has its shares exchanged on the Dubai Financial Market. The organization has an incredible record of accomplishment in the property development industry and until now, the organization has constructed an approximate of more than 20,230 houses with an established portfolio of not less than 44,000 units at several phases of planning and arranging.

The Damac properties founder Hussain Sajwani collaborated with Donald Trump in the year 2013 and established the two Trump golf courses in the United Arab Emirates, after the collaboration, they have remained to be close friends and business partners.

Damac Properties has shown massive support to the incredible efforts of His Highness Sheik Mohammed to improve and advance the lives of the community, precisely in the Holy month of Ramadhan. Due to that, Damac properties group offered out more than 40000 warm clothing to needy children and adults who were in need of them.

Moreover, Hussain Sajwani begun a clothing campaign, he collaborated Emirates Red Crescent. It is a charitable organization. The campaign brought about to raise an approximate of AED 120 million.

Full details: https://www.cnbc.com/2018/01/23/cnbc-interview-with-hussain-sajwani-damac-properties-founder-and-chairman-from-the-world-economic-forum-2018.html