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Category Archives: Business Success

Hussain Sajwani’s Journey to Entrepreneurship and Investment Career

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Gulf Business; a leading business magazine in the Middle East recognized the founder of the Hussain Sajwani Family and DAMAC Properties; Hussain Sajwani, in 2017 for being one of the top 100 most influential Arabs in the world. This did not happen in a single day since Sajwani has come a long way to reach that level. After finishing his studies, Sajwani joined GASCO; a branch of Abu Dhabi National Oil Company where he served as the Contracts Manager. He later started his business and a catering venture in 1982 before building several residential houses to benefit the increasing number of business people coming to the emirates. In 2002, Sajwani saw a market opportunity that inspired him to start DAMAC Properties that has grown to be the one of the leading property development companies in the Middle East.

 

 

One of the primary drivers of DAMAC Properties’ success is Sajwani’s extensive knowledge and experience in the field of property development from sales, marketing, finance, administration, and legal sectors. The company has several prestigious projects in major global cities including Dubai, Doha, Abu Dhabi, Beirut, Amman, Riyadh, Jeddah, and London. With more than 2000 employees, DAMAC Properties is a publicly-listed company with its shares traded on the Dubai Financial Market. Moreover, the company has one of the best track records in the luxury property development market, and has delivered over 17,000 homes with a development portfolio of more than 44,000 units at various stages of progress and planning.

 

 

As an intelligent investor and businessman, DAMAC owner has a proven track record of successful foreign exchanges in the global capital and equity markets. He currently has impressive investment portfolios of securities in various local and global markets. DICO Investments LLC is Hussain’s groundbreaking investment company, focusing on investments in private acquisitions, equities, and mergers. Sajwani earned his Bachelor’s degree in Industrial Engineering from the University of Washington.

 

To learn more, visit http://www.damac.com/.

Daniel Taub visits Bradford City

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Bradford is a British City and the area MP Mr. George Galloway made some negative utterances that the constituency should become an Israel free zone. He made these statements during a speech and reiterated that no tourist, goods or services and academics seeking university or college education in Bradford from Israel would be allowed. These remarks made the community to invite Mr. Daniel Taub to go there and address the situation. Read more: Daniel Taub | Wikipedia and Daniel Taub – Crunchbase

Mr. Daniel Taub told the Telegraph and Argus that faith leaders, councilors, and other stakeholders would be involved in talks to resolve the matter during his visit to Bradford. He noted that the people of Bradford were positive towards Israel contrary to the remarks made by the area MP. He added that the population in that city lived together regardless of their differences in faith.

Mr. Galloway’s remarks triggered an outcry in the social media which made the British police to launch a probe to investigate the issue. He cited Israel an illegal and a savage state. It’s not the first time Mr. Galloway had run into trouble with Israel. He once stormed out of an important debate where his opponent was from Israel and said that he couldn’t debate with Israelis. The incident made him being branded as a racist.

In another occasion, he implicated Israel to the unrest in Ukraine and also said that Israel was funding Al-Qaeda through providing them with chemical weapons. Despite all the remarks being recorded, he denied having said that.

Mr. Daniel Taub’s visit was done under very tight security, but he was optimistic that Mr. Galloway would welcome dialogue and help in resolving the matter. He was also categorical that the long ties between Bradford and Israel were strong and so Galloway’s remarks were not a representation of the constituency. Mr. Daniel Taub held many legal and diplomatic positions in Ministry of foreign affairs of Israel.

His experience in legal matters especially missions to the United Nations both in Geneva and New York was a characteristic of a man who would be able to handle Mr. Galloway’s issue professionally. In a nutshell was the face of Israel internationally and helped in resolving many issues and also negotiated many agreements on behalf of Israel.

Apart from all these, Daniel Taub really stood for the rights of the Jewish community without wavering. In the history of Jewish community in the United Kingdom, Daniel Taub was the leader who really worked hard to address their issues.

Shedding Light on the Occupation of Anthony Petrello, Nabors Industries CEO

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Anthony Petrello is among the top-paid CEO in the US. Petrello works at Nabors Industries, an oil and natural gas drilling company. His experience level inspires envy and admiration. The humble and honest man bases his actions on respect and fairness. Many people have found employment due to tony conduct.

Humble Beginnings

Tony Petrello is from a predominantly Italian area, Newark. His middle-class parents had to work to pay bills. He acquired his honor and integrity values from Newark as the community living here rewarded for hard work, shunned lying, and valued honesty. He started working hard from a tender age.

The future CEO enjoyed studying and at an early age, he had mastered calculus and other mathematical formulas. Petrello joined Yale University to practice mathematics. He changed his interest from math to human science and enrolled for course at Harvard Law School.

Career

Tony began practicing in 1979 at Baker and McKenzie Law Company before joining Nabors Industries in 1991. Petrello had served in the entity for several years before becoming its chief executive officer and one of the most capable managers in America. His efforts to give back to the society have made his name popular among the other business leaders.

Eighty percent of Petrello income is from the company revenue. His leadership in oil-producing fields has created many employment opportunities in the United States. From his accomplishments, it is clear that a strong work ethic and brainpower are necessary to succeed. Anthony Petrello recognizes the help of his parents and colleagues in attaining his current position.

Compensation for 2015

Anthony Petrello total compensation for 2015 financial year was$27,512,939. The amount was inclusive of salary $1,580,077 and bonuses totaled $7,727,000. His total stocks added up to $16,863,656, and other payments stood at$1,342,206. For more info about us: http://fuelfix.com/blog/tag/anthony-petrello/ click here.

Board Memberships

Currently, Petrello is a member of several boards. His presence at Texas Children’s Hospital, MediaOnDemand.com, and Stewart & Stevenson LLC board has yields positive returns for the firms. He is a vocal advocate for clinical and research programs that try to address children needs with neurological disorders.

Serving the Community

Tony and his wife give to charities every year. He leads Nabors industries to give back to the surrounding people. The talented president approves proposals at Nabors to support community programs in health, sports, and education areas. Nabors participates in National Multiple Sclerosis Society, Komen Race for the Cure, Wounded War Heroes and United Way.

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George Soros: The Strong-Willed Philanthropist

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George Soros is renowned as one of the richest philanthropists in the U.S.A. Soros has given more than $12 billion to charity. His donations have been channeled to supporting organizations that fight for transparency, accountable government, freedom of expression, and societies that lobby for equality and justice. Soros’s has also focused his charity to those societies that are discriminated against.

Soros’ Life Background

Soros experienced intolerance at a tender age. Born in 1930 Hungary, Soros had to endure the atrocities of the Nazi Occupation which included the murder of more than 500,000 Jews. His Jewish family was lucky to survive after getting false identity documents, hiding their backgrounds, and assisting others to flee from the wrath of the Nazis. Soros recalls that he and his family resisted a tyrannical force and was able to prevail. Soros fled to London in 1947 and got a part time job at the railway station and at a night club. The earnings from these jobs helped him pay for his college fee at the “London School of Economics”. He later emigrated to U.S.A. to venture into the industry of finance where he amassed a great fortune.

How Soros Started His Career

In 1970, Soros established a hedge fund and named it the “Soros Fund Management“. This firm helped Soros to be listed among the most prosperous investors in the U.S.A. Soros injected his fortune into the Open Society Foundations- a collection of partners, projects, and foundations in over 100 countries.

How Soros Begun Philanthropy

Soros’ first act of philanthropy was in 1979 when he sponsored black South Africans who were facing apartheid. During the 1980s, Soros helped the Communist Eastern Bloc to exchange ideas by donating photocopiers to assist the reprinting of banned texts. Soon after the Berlin Wall fell, Soros established the Central European University to encourage critical thinking. He promoted cultural exchanges which played a central role in assisting the Soviet society to be open to the world.When the Cold War ended, Soros expanded his voluntary services to Africa, Asia, and the U.S.A. Soros committed his efforts to making societies more transparent, democratic, and accountable.

What Is Open Society?

The phrase open society was first described by Henri Bergson but popularized by Karl Popper in one of his most popular books, “The Open Society and Its Enemies (1945)”. According to Popper, totalitarian systems like Nazism and communism have one common denominator; they claim to possess the truth. Because the truth cannot be accessed by mankind, most of these ideologies turn to oppression to impose their ideologies on society. Popper further identified that no single person possesses the truth. Since different people view the world differently, there are institutions in place to ensure all these people live peacefully together. Such institutions ensure the freedom of speech and choice. Popper referred to this social structure as open society. He also held that totalitarian concepts were its greatest enemies.

Understanding the Highland Capital-RAIT Financial Trust Agreement with James Dondero

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At its upcoming 2017 Annual Meeting of Shareholders, RAIT Financial Trust will appoint a new trustee to its Board of Trustees. The new trustee will be someone who has been recommended by Highland Capital Management, which is helmed by 54-year-old portfolio manager James Dondero. This story has received a lot of coverage, and a lot of that has to do with the fact that Dondero is involved. With more than 30 years of experience and success in the credit and equity markets, Dondero is the kind of person who tends to make waves wherever he goes. Learn more about the cooperation agreement that he has reached between Highland Capital and RAIT by reading on below.Before taking a closer look at the aforementioned cooperation agreement, let’s back up a little. To better understand everything, it helps to have some knowledge of the background of not only the companies involved but of James Dondero as well. Dondero was born in Hoboken, New Jersey. He was always a hard-working student, and he attended the University of Virginia during the early 1980s. He graduated from UV’s McIntire School of Commerce in 1984 with high honors and a dual major in finance and accounting. Needless to say, he came away with the educational credentials that he needed to hit the ground running.

In 1984, James Dondero took his first job in the industry as an analyst in the Morgan Guaranty training program. Just a year later, he started on as a corporate bond analyst for American Express. During his time there, he managed around $1 billion in fixed-income funds for the corporation. From 1989 to 1993, Dondero established Protective Life’s subsidiary, GIC, growing it from a startup to a company that was worth more than $2 billion in just five years.Everything really changed for James Dondero in 1993 when he founded Highland Capital Management with Mark Okada. Originally, the alternative asset firm was based in Los Angeles. For a variety of reasons, including tax purposes, the founders relocated the firm to Dallas, Texas, where it has remained ever since. Highland Capital stands out in many ways. Its primary focus is on high-yield and distressed investing.

The company really made a name for itself as a pioneer in the CIO, or Collateralized Loan Obligation, market. As a result, James Dondero is closely associated with CIOs and is vastly knowledgeable about them.In November 2016, Highland Capital disclosed information about its holdings in RAIT Financial Trust to the Securities and Exchange Commission. At that time, the alternative asset firm held around 5.9 percent of the trust’s outstanding common shares, which was equal to nearly 5.3 million shares. RAIT, a national direct lender to owners of commercial real estate, or CRE, offers a full-service CRE lending platform that produces customized lending solutions for its clients. In May, RAIT entered into a cooperation agreement with Highland Capital in an attempt to sort out the issues regarding the Board of Trustees.

Because of the cooperation agreement, Highland Capital Management and RAIT Financial Trust will collaborate and work together. When everything is said and done, two new trustees who have been approved by Highland Capital and James Dondero will join the board. The first one will be appointed after the certification of the vote that occurs at the 2017 Annual Meeting of Shareholders. Within 120 days of the agreement, a second trustee will be appointed and will join the board. Meanwhile, Highland Capital and its affiliates have agreed to vote their shares to support the election of a slate of trustees that has been recommended by RAIT’s board during its annual meeting.While much of James Dondero’s time is spent focusing on Highland Capital and its activities, he is involved with many other organizations as well. A certified management accountant and chartered financial analyst, Dondero serves on the Board of Directors of American Banknote and MGM Studios. He is also the Chairman of the Board of CCS Medical Corporation, NexBank and Cornerstone Healthcare. He and his team at Highland Capital are optimistic about the recent agreement with RAIT. It will be interesting to see what comes out of their collaboration. No matter what happens, you can be sure that James Dondero will handle everything strategically.

 

The Inventiveness of Whitney Wolfe

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When one thinks about the CEO of Bumble, Whitney Wolfe, one of the first things that are going to come to mind is that she is inventive. For one thing, she would have to be in order to come up with such an innovative solution as Bumble. This is one thing that has inspired her to be an entrepreneur. Entrepreneurs need a lot of creativity in order to succeed in what they do. This is why they go after what they are passionate. When they pursue their passions, they can become really creative in the solutions they offer.

When it comes to dating, there can be a lot of innovative solutions that people can come up with. One of the reasons is that people like Whitney Wolfe are passionate about dating and relationships. It can be hard not to be sense a lot of people take part in it. Therefore, Whitney Wolfe can not only provide people with a great dating app but also offer advice on what to do to have the best dating experience. For one thing, different people are going to date for different reasons. Some will date to just meet people for fun while others will date to have a serious relationship.

Whitney Wolfe understands the frustrations that could come in dating. This is why she recommends that people to make sure that they make their intentions known so that they can be well matched in dating. For one thing, it is very easy for one to be mismatched. This is why Whitney Wolfe has done everything she can to make sure that Bumble is efficient and precise at matching people together. This is of course given that the online profiles are accurately figured out. Those that are careful to fill out their profile in an accurate manner are going to have the greatest success in dating.

 

Stephen Rotella’s LIFT Chairmanship, Business Success, and His Involvement in Community Work

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Stephen Rotella has been on the business scene for more than three decades. He is the current CEO and president of StoneCastle Partners, LLC. Rotella started his undergraduate studies at Stony Brook University in 1971 and graduated in 1975 with a degree in Economics. Two years later, he went to further his studies at University of Albany and graduated in 1978 with an MBA, specializing in finance and technology.

Rotella as LIFT Chairman

Stephen Rotella took over the chairmanship of LIFT in December 2015, succeeding Michael Gilligan who had served as chairman for six years. He was given the mandate of strengthening the organization’s agenda of ending the poverty cycle in the U.S. Accepting the nomination, Rotella expressed his gratitude towards the LIFT’s national board of directors for honoring him with the appointment. He vowed to work hand in hand with CEO Kirsten Lodal to make sure that the organization impacted positively on the lives of young American children. On his side, LIFT CEO Kirsten Lodal praised Rotella for his outstanding performance during his days as the chair of the organization’s development committee. He expressed optimism that Rotella would lead LIFT into higher heights.

You can also visit his professional business account: Stephen Rotella

Rotella’s Firm Makes a Huge Business Stride

Early this year, Stephen Rotella led StoneCastle Cash Managements’ subsidiary company, StoneCastle Insured Cash Sweep, to purchase the insured deposit business from Intermedium Financial, LLC. This transaction stamped StoneCastle’s authority as the leading provider of insured deposits for institutional investors. Furthermore, the purchase will go a long way in helping the firm to realize its long-term goals of expanding its client base to include financial advisors and broker-dealers. Speaking afterward, Stephen Rotella said that the deal, which included the InterLINK Fintech platform, was a boost to the firm’s technology-oriented business model and would also provide them with more distribution avenues.

Involvement with Community Work

Besides business, Rotella is a respected philanthropist and an accomplished community leader. His focus is to help the less privileged folk in the community and to assist the youth to excel in arts. He is the current patron of Jazz and Lincoln Center. Previously, he served as a volunteer board member of Youthcare, ArtsFund, and The Seattle Foundation. In the 1990s, he was the board chairman of Balletmet.