Over the years, especially during the holy month of Ramadan, his Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President of UAE, has has been initiating noble causes geared towards improving the lives of others. Hussain Sajwani, the chief executive officer of DAMAC Properties, has been a traditional supporter of these initiatives. Recently, he donated AED two million to aid in clothing needy children across the world. Read more: DAMAC Chairman Relishes His Roots | The National
This initiative was established by Sheikh Mohammed in partnership with the Emirates Red Crescent, a humanitarian foundation started in 1983. Hussain Sajwani mentioned that the young are the leaders of tomorrow. As such, there is need to provide them with a favorable environment that can give them a good start in life. Notably, the entire campaign raised AED 120 million.
Hussain Sajwani has made tremendous success with DAMAC Properties, a real estate development company, where he also serves as the chairman. After graduating from the esteemed University of Washington, Sajwani secured a job as a contracts manager at GASCO, a renowned oil company. Later, he left to start his own catering firm in 1982. Learn more about DAMAC owner: https://www.linkedin.com/in/hussainsajwani
In 1992, Hussain Sajwani established DICO Investments Company, his flagship investment firm that operates under four primary segments. He was one of the pioneers of the property market expansion in Dubai in the mid-90s, where he built several hotels to accommodate the influx of people who were going to do business in the country.
Owing to his extensive experience in different fields, Sajwani was able to incorporate DAMAC Properties. Hussain is highly knowledgeable in sales, marketing, finance, legal and administration.
DAMAC Properties is one of the largest luxury property development companies in the Middle East. The company was established in 2002. DAMAC Properties is a publicly-listed company whose shares are traded on the Dubai Financial Market.
To date, they have developed over 16,800 homes. The corporation has a successful record of developing luxury projects. Over the years, Hussain Sajwani has partnered with high profile fashion and lifestyle brands to create innovative properties in the market.
In the recent past, Hussain’s company worked closely with Donald Trump to build a golf course, which was designed by Tiger Woods. Hussain’s unmatched entrepreneurial and leadership skills have played an instrumental role in enhancing the growth of the corporation.