Hussain Sajwani doubles up as the Chief Executive Officer, and owner of DAMAC Properties, a worldwide company involved in development of luxury property. The DAMAC owner is popular for his revolutionary role in the property development arena in the United Arab Emirates. He is a great and influential leader in the Arab world. His exceptional leadership skills, coupled with his success with DAMAC, have made Sajwani one of the top 100 most respected Arabs. He is also ranked tenth in the list of most wealthy Arabs.
Hussain Sajwani is also a highly experienced and knowledgeable man in the business field. Before founding DAMAC, Sajwani had worked for GASCO, in Abu Dhabi, as a manager of contracts. Later on, he established his first company, a catering business. With his exceptional talent for business and leadership styles, the catering business grew to become a trendsetter in Asia and the rest of the world. The company was the primary provider of catering and ancillary services to the United States Army in their camps in the Middle East. The company is also reputed for its high-quality services to five-star hotels, educational institutions and, construction campsites.
Hussain Sajwani has made a notable contribution to the development of the property market in Dubai. He is well versed in the dynamics of the industry. As per watanserb.com, Sajwani’s rare combination of skills in finance, administration, sales, marketing, and legal matters have put him ahead of other players in the property development industry. For this reason, DAMAC Properties has quickly grown to become a global leader in the market. The company has several high-profile projects in the world’s renowned cities like London, Beirut, Dubai, Abu Dhabi and, Riyadh among others.
Today, Hussain Sajwani is one of the major employers in Dubai. DAMAC Properties alone has employed about 2,000 workers and, is publicly listed, with shares trading at the Dubai Financial Market. The company has completed over 21,700 luxury housing units. DAMAC Properties has 40,000 units in different development phases under its portfolio.
The DAMAC owner has also put a stake in other investment areas. Through DICO Investments Co LLC, Sajwani invests in mergers and acquisitions, private equities and value propositions in the local and international arena. Sajwani also engages in building materials business through his Omani based firm, Al Amana Building Materials. The company is the one behind leading brands like Villeroy & Boch, Dorn Bracht and, Grohe among others. The DAMAC owner also operates the Al Anwar Ceramic Tiles Co, the sole tile manufacturer in Oman.