Category Archives: Real Estate People

Hussain Sajwani – Businessman, Friend and Philanthropist

Learning from watching his family run a small shop, Hussain Sajwani became the first few students to obtain a government scholarship to study in the U.S. Obtaining a bachelor’s degree in industrial engineering and economics from the University of Washington, he started his career in the finance department of Abu Dhabi Gas Industries by 1981. Shorty after that, he started the Global Logistics Services, a catering business, which served the likes of U.S. military and Bechtel, a construction company, amongst other clienteles.

 

Using his expertise, Hussain Sajwani started a real estate business, DAMAC Properties, in 2002. Capitalizing the Dubai government’s decree of foreigners being able to own properties in Dubai, Hussain Sajwani rapidly expanded the scope of DAMAC since its inception. Located in Dubai, DAMAC, in collaboration with top-notch interior designers and renowned artists, builds various residential and commercial properties in addition to special properties, such as golf courses. DAMAC has expanded to include DAMAC Hotels & Resorts as one if its subsidiaries, which constructs and develops hotels, hotel-apartments and villas. Over the years, DAMAC has constructed over 44,000 units. Learn more: https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani

 

Serving as the CEO and chairman of DAMAC, Sajwani has had business relations with Donald Trump and his family long before Mr. Trump became the President of the United States. Hussain Sajwani family and the Trump family have worked closely on various business proposals in the past; recently, the DAMAC owner was commended by President Trump for his acumen in business, shortly before the opening of Trump International Golf Course Dubai in February 2017. This endeavor was the result of a combined effort of the Trump Organization and DAMAC. Another golf course, designed by Tiger Woods, is a work in progress.

 

In addition to keeping an eye on business deals, Hussain Sajwani looks out for the well-being of the less fortunate. Being the philanthropist he is, Sajwani donated 2 million AED during the month of Ramadan to provide clothing and warmth to more than 50,000 children around the world in 2013. The initiative, taken together by Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates (UAE), and UAE Red Crescent, raised 120 million AED altogether. Learn more: https://www.instagram.com/hussainsajwani/