Hussain Sajwani is a revered business leader, well known in the world. As of now, he is the serving chairman, team leader, and chief executive officer of DAMAC Properties. Prosperous as he is, his life was filled with challenges while growing up. Furthermore, he came from a modest background. In this article, Hussain Sajwani’s experience is described as a motivational narration to emerging business professionals who aspire to invest in real estate.
Sajwani was born in 1954. Emanating from a humble family, his family could pass for a middle class, low income earning status. Also described as conservatives, his parents owned a shop in which his father sold watches and other personal care items for men. Perhaps his father’s determination to succeed in the business rubbed off on Sajwani’s character as he grew up. Over the years, he dedicated time to working with his father in the retail outlet. Sajwani was enthusiastic about the family business. He derived some sense of belonging and achievement every time he was left in charge.
Dreams and Aspirations
On the other hand, the DAMAC owner, was too ambitious to confine himself in a family business. Although his father would have wished for his son to inherit the business and run it from their native land, Sajwani was more visionary. He resorted to enrolling for formal education at a college in Baghdad. Because he was a disciplined student, he bagged full scholarship through a government program that facilitated his relocation to America. Sajwani joined the list of some of the students who pioneered the scholarship programs in that year.
Delving Into Business
Sajwani was a student at the prestigious Washington University. After graduating, GASCO, an oil company employed him. It was at that moment that Sajwani realized his impending purpose in business; to establish a catering business that served more than 10,000 clients in the Middle East, then ventures into real estate.
Hussain Sajwani’s Contribution in DAMAC Group
DAMAC Group is a real estate firm established in 2002, by the revered entrepreneur Hussain Sajwani. The firm deals in leisure, commercial in addition to residential property across the Middle East. The firm’s central office is situated in Dubai and since its inception; Sajwani has served as the chief executive officer.
Lessons Derived from Hussain’s Life
Over the years, Sajwani has developed a strong passion for business. Alongside a definite knack for business, he has appended his name in the competitive real estate market. He took advantage of his earlier lessons in his father’s business and established an empire.
Meet the DAMAC Properties’ Board of Directors: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board