Behind every man is a tale to narrate. As the DAMAC Owner, Hussain Sajwani can boast of being an entrepreneur who has carved a name for himself in the real estate industry. Although Hussain Sajwani is currently a successful business mogul, his path to success has had various ups and downs but all in all, he faced the struggle head on, and he owes his success to persistence and dedication.
As for education, Hussain Sajwani undertook an undergraduate degree in economics at the University of Washington. For starters, Hussain Sajwani worked at GASCO, a branch of Abu Dhabi National Oil Company as a contracts manager. Later on, Hussain Sajwani decided to venture into the catering industry in 1982. The catering business grew immensely, and they even served an estimate of about 150,000 meals per day in various areas including the Middle East and Africa. Far from serving hotels and the likes, Hussain Sajwani’s catering business also offers the following services; management, maintaining camps and also supplying of human resource.
The Founding of DAMAC Properties
Far from the catering business, Hussain Sajwani also decided to venture into the real estate industry. As for the real estate industry, Hussain Sajwani founded DAMAC Properties in 2002. Through the dedication put across by Hussain Sajwani, DAMAC Properties has been able to flourish, and it is now regarded as the most outstanding real estate company in the Middle East.
Additional Information about DAMAC Properties
As a real estate company, DAMAC properties deals in commercial, leisure and private residential properties. Over the years, the real estate company has been able to grow and expand to various countries such as Lebanon, Saudi Arabia, Jordan, North Africa and also Qatar. The value of DAMAC properties as of May 2017, was valued at $4.7 billion. With an extensive workforce comprising of 2,000 employees, DAMAC properties has a brighter future ahead as among the leading real estate companies worldwide.
DAMAC properties has also made groundbreaking records. The real estate company made it to the London Stock Exchange on December 2013. As a Middle East real estate company, this was quite an achievement. Additionally, DAMAC properties were also listed on the Dubai Financial Market in January 2015. Moreover, as a real estate company based in the Middle East, DAMAC properties has its headquarters situated in Dubai, UAE. The company also boasts of quality real estate designs that have come a long way in cementing positivity in relation to the brand.