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/.