Hussain Sajwani is a wealthy entrepreneur who is renowned for being the founder of DAMAC Properties, which is a leading global property development enterprise. He majored in economics and industrial engineering at the University of Washington. Sajwani started venturing into business in 1982 when he founded a catering company that has currently grown to become among the best in the market. It has overseen over 200 projects, and it runs its operations in Africa, Middle East, and CIS.
Sajwani was one of the first people to join the property industry in Dubai. He founded DAMAC Properties in 2002 after discovering an opportunity in the real estate sector. The firm has grown over the past 15 years to become a leader in the Middle East market. It has established properties in Dubai, Doha, Amman, Riyadh, Beirut, Abu Dhabi, Jeddah, and London. The company’s portfolio comprises of over 17,900 homes and 44,000 units. DAMAC has become successful due to the remarkable entrepreneurship expertise of Hussain. He is currently on the list of the most influential individuals in the Arab world. Hussain Sajwani has shown that he has the leadership skills that are required in running a corporation.
The Hussain Sajwani Family has worked with the Trump Organization in completing projects such as various luxurious apartment as well as Paramount Hotels and Resort. Donald Trump has always praised Hussain Sajwani for being one of his long-term business partners. DAMAC Properties was in charge of the construction of the Trump International Course that is located in Dubai.
The DAMAC owner is also well known for his active participation in philanthropic undertakings. In 2013, his family offered AED 2 million that was used in supporting campaigns to buy decent clothing for deprived children in different parts of the world. He believes that children are important to the community, and they need to be supported for them to have a bright future. In 2014, the philanthropist donated AED 1 million towards UAE Suqia’s water aid. The money was given during the Ramadan charity donation programs and was meant to offer clean water to more than five million people in different parts of the globe.
Connect with Hussain Sajwani on LinkedIn.