Hussain Sajwani is the Chair and Founder of Damac Properties, a global property development company. The UAE citizen, Hussain Sajwani, graduated from the renowned University of Washington and began working at Gasco Company as a contracts manager. After a while, Hussain left the company to establish his business. In 1982, he opened his catering venture where he attracted customers including the U.S military.
Hussain Sajwani established Damac Properties in 2002 when a Dubai government decree permitted outsiders to own properties. Hussain saw non-Emirates as the main apartment buyers. Therefore, he bought land in an undeveloped part of town, developed it, and sold his first 38-story residential building. Read more: DAMAC Chairman Relishes His Roots | The National
Damac Properties is a property development company based in UAE. The company has nearly 2000 employees and has an impressive reputation of owning luxury development properties. It has delivered more than 16,800 residences with a development portfolio of more than 44,000 units.
The Association of Hussain Sajwani and Donald Trump
Hussain Sajwani collaborated with Donald Trump, the president of the United States, to establish two golf courses named after Trump. They include the Trump International Golf Course Dubai and the Trump World Golf Course. The former was opened in February 2017 at Akoya residential development of Damac Properties while the latter will be opened at a separate Damac development at the end of 2018.
Hussain Sajwani Gives Back to the Community
Hussain Sajwani donated AED two million to a campaign aiming to clothe a million poor children all over the world. The campaign was a Ramadan initiative that was initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Prime Minister and VP of the UAE as well as the Ruler of Dubai. Furthermore, Damac Properties’ contribution aimed to clothe over 50,000 children.
The Achievements of Hussain Sajwani
Hussain is an astute investor through his successful ventures in the global equity and capital market. Currently, he holds investment portfolios of securities in various regional and international markets such as DICO investments CO LLC. This company focuses on mergers, acquisition, and investments in private equities.
Learn more about Hussain Sajwani Family: http://www.albawaba.com/business/pr/damac-needy-children-518106