Identifying investments that will yield profitable returns is a challenge to many investors. Many are the cases we witness people committing their finances to investment projects that later on crumble and they end up losing their funds. However, this is not the case with Hussain Sajwani and DAMAC Properties.
Hussain Sajwani was born in 1956. He commenced his career at GASCO, a subsidiary oil company of Abu Dhabi Oil, as a Contracts Manager. Before then, he attended and graduated from the Washington University. With growth in his management experience, he opted to start his catering service enterprise in 1982. His need for expansion was felt ten years later when his ventures experienced tremendous growth. He built hotels to hold the ever increasing number of business and trade persons in the Emirates. More so, his success among others led to the expansion of the property market in Dubai.
Hussain Sajwani is an aggressive investor that many admire. He has hugely committed his finances in the capital and global securities markets. In 1992, for instance, he went ahead to establish DICO Investments, one of his top investment companies. Additionally, he has had his eyes on the construction and building industry by setting up Al Anwar Ceramic Tiles and Al Amana Building Materials in Oman. Also, his focus on the catering sector did not cease since he founded the Al Jazeira Services that has since expanded from the Middle East into Africa.
Twenty years down the line, Hussain Sajwani established DAMAC Properties. The company has experienced remarkable growth to become the largest properties firm in the United Arab Emirates. It has its headquarters in Dubai, and it has witnessed success in the development of 17,900 new properties and the improvement of 44,000 others. The firm has combined efforts to create and develop state-of-the-art properties with various other personalities like Tiger Woods, Versace, and Fendi, Bugatti among others.
DAMAC Properties has also established a hospitality department, which is aimed at providing bespoke services to its residents. Besides, Hussain Sajwani has participated in charitable endeavors by donating millions towards clothing a million underprivileged children globally.
Get the facts: https://www.youm7.com/