Founder, owner and Chairman of DAMAC Group based in Dubai, UAE From a tender age, Sajwani knew he did not want to follow his father’s footsteps and join the family business. Dubai real estate tycoon Hussain Sajwani is known for his insane marketing ploys. Hussain Ali Sajwani is the UAE executive chairman, CEO and founder of the DAMAC Group. MuslimInc. Golfer completes designs for new Dubai course", "Damac goes to Hollywood with Paramount partnership for hotel", "Donald Trump's Dubai business partner targets fresh London push", "Over half of units in Damac Tower in London sold", "The One Million Arab Coder Initiative can help attract billions in foreign investment to MENA region", "Foundation to sponsor One Million Arab Coders initiative", "Hussain Sajwani-DAMAC Foundation pledges AED3 million to 'Arab Hope Makers, "Coronavirus: Indian, Emirati billionaires donate to UAE's '10 Million Meals' campaign", "Arabian Business announces 'Future Stars' at annual awards night", "Amira Sajwani, DAMAC Properties Dubai Co PJSC: Profile and Biography - Bloomberg Markets", "Cover Story: Amira Sajwani – Journey of an Emirati Role Model and Business Woman - Construction Business News Middle East", "Hussain Sajwani - Chairman of Damac Properties / Damac Hotels & Resorts", "UAE hoteliers win top accolades at CEO Middle East Awards", "MAG, Wasl and Dubai Properties take top honours at Arabian Business Real Estate Awards", "Revealed: Winners at the Gulf Business Awards 2018", "2019 CW Power 100: Hussain Sajwani of Dubai's Damac is #26", "Sultan Bin Sulayem and CEO of Saudi Arabia's NEOM City in real estate 'power list, "Revealed: Cityscape Intelligence's most influential people in the MENA real estate industry", Ranked Number 15 on Hotelier Power 50 - CEO Middle East Awards 2017, Property CEO of the Year – CEO Middle East Awards 2017, Real Estate Legend 2018 - Arabian Business Real Estate Awards, Real Estate Business Leader of the Year 2018 - Gulf Business Award 2018, Ranked 26th on Construction Week's Power 100 list in 2019. [24], In February 2020, the foundation pledged AED 3 million to the Arab Hope Makers initiative's Humanitarian Cause of the Year - the construction of the Magdi Yacoub Global Heart Centre in Egypt. After he got to America, he enrolled in the University of Washington where he studied industrial engineering and economics. [15], In 2002, Sajwani established DAMAC Properties, one of the largest property development companies in the Middle East. I use WIKI 2 every day and almost forgot how the original Wikipedia looks like. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology. Hussain Sajwani owns a real estate company whose Trump-branded properties are raising eyebrows among the US President’s critics. He is currently pursuing his Level 3 CFA certification while overseeing day-to-day operations at global property developer, DAMAC Properties. ... Hussain Sajwani … Enter your email address to get our best stories delivered to you directly. - All Rights Reserved, 2015 - 2016. Muslim Inc. is the media and networking platform for the new age of Muslims around the world. Hussain Sajwani is the eldest of five children. From modest beginnings, he has become a self-made billionaire, recognised as one of the most powerful Arabs in the world.. Sajwani is Founder & Chairman of the DAMAC Properties, a global business with revenues of over $1.6bn and 2000+ employees which has delivered over 25,000 homes and has a development portfolio of over 40,000 units. Alternative reports, however, say that the company Sajwani launched in 1982 was not actually Damac but a whole different business. [7][8][9], Sajwani has been listed among the 100 most globally influential Arabs by Gulf Business in 2017 and 2018, Arabian Business' 100 most powerful list in 2018[10] and 2019. Eric’s wife, television producer and anchor Lara Trump, also posted a picture of herself at the wedding on her Instagram account. After receiving his undergraduate degree in economics from the recognized University of Washington, DAMAC Owner, Hussain Sajwani started off his profession as a contracts manager at GASCO– a subsidiary of the Abu Dhabi […] [29][30], Hussain Sajwani was featured in Cityscape Intelligence's most influential people in the MENA real estate industry.[36][37]. [11], In 2019, Sajwani's private investment firm completed the acquisition of Italian fashion group Roberto Cavalli. [28] She currently serves as DAMAC's Senior Vice President – Operations. Summary: Hussain Sajwani is 34 years old today because Hussain's birthday is on 12/08/1986. He is the chairman of Dubai based luxury real estate developer DAMAC properties which he founded in 2002 and for Sajwani business was in his blood both his parents … Ali Hussain Sajwani is a graduate of North Eastern University in Boston, Massachusetts, where he majored in Economics. Hussain Sajwani, a UAE National, is the founder and Chairman of global property development company, DAMAC Properties and founder and Chairman of the DICO Group of Companies. A graduate from the University of Washington, he started his career as a Contracts Manager in GASCO, a subsidiary of ADNOC (Abu Dhabi National Oil Company). Hussain Sajwani is the owner and chairman of Dubai-based luxury real estate developer DAMAC Properties Dubai Co, which he founded in 2002. Born in 1954, Hussain Ali Habib Sajwani grew up in Dubai. The founder and chairman of Dubai-based Damac Properties, Hussain Sajwani, confirmed the purchase of 100 percent of the Italian fashion house through his private investment company Vision Investmen… Hussain Sajwani graduated from the University of Washington and started his career as a Contracts Manager in GASCO, a subsidiary of ADNOC. Son of Hussain Sajwani, CEO and Chairman of DAMAC Properties. Your email address will not be published. Both his parents were entrepreneurs. Personal Testimony: The Power of Tahajjud and Tawakkul, The Rightly Guided Caliphs and Companions Of The Prophet, The Importance of Building Morals in Children, Arab Conference Champions Regional Cooperation, The Islamic Development Bank Launches Digital Platform for Sustainable Development, Israeli Company Inks $15 billion Gas Deal with Egypt, Some Common Daily Life Examples of Shirk and How to avoid Them, Imkan Properties Working on Projects worth Dh100 Billion, UAE Hospital Operator Expands into Saudi Arabia Adding Plastic Surgery Business to Its Portfolio, Iraqi President Calls for Strong Ties with Saudi Arabia. He finally got his degree in 1981 and proceeded to work for Abu Dhabi Gas Industries Limited (Gasco) with an agreement that after two years of work, they would fund his MBA. A post shared by Hussain Sajwani (@hussainsajwani) on Apr 5, 2018 at 8:52am PDT Other members of the Sajwani family also posted pictures of the two Trump brothers on social media. His official biography reports that he established his own food catering business in 1982 and called it Dariah Management Services Co (DAMAC) LLC which ultimately developed to DAMAC Group. [27], His daughter, Amira Sajwani, is a graduate of University College London (UCL), where she also majored in Project Management for Construction and holds a Masters in Finance from the London School of Economics (LSE). Hussain Sajwani was born 1953 and is the eldest of five children. [18], Some of the projects developed by DAMAC Properties include a golf course designed by Tiger Woods and managed by The Trump Organization,[19] luxury apartments with interiors by Italian fashion-houses Versace, Fendi, and Roberto Cavalli [5] as well as brands such as Paramount Hotels and Resorts in partnership with Paramount Pictures. Both his parents were entrepreneurs. He responded that he would work in bars and his father, being a pious man, gave him the financial assistance he needed for his education, dreading that his son might really do so. He started to work at the watch shop owned by his father, when he was around three years old. You could also do it yourself at any point in time. He used to get inspired by his father’s hard work, amaz… [13] Sajwani obtained a government scholarship and attended a medical college in Baghdad. He was called one of Middle East's Future Stars by the Arabian Business Achievement Awards 2017, organized by Arabian Business. Jon Gambrell. Contact us to contribute with your writings. After his first year, he left for the US and attended the University of Washington where he studied industrial engineering. Notify me of follow-up comments by email. [26], Sajwani is married, with four children, and lives in Dubai. His father owned a watch shop and also controlled small real estate projects in Dubai. Rumors say his first business was ‘a disaster’, that he had tough competition and ended up losing about Dh20m. Hussain Sajwani is the founder and chairman of Dubai-based luxury real estate developer DAMAC Properties. Hussain Sajwani (born 1953), is an Emirati billionaire businessman, and the founder and chairman of the property development company, DAMAC Properties,[2][3][4] and his private investment company, DICO group. But, of course, he didn’t stay long enough to see that through. Currently, Hussain is married. After a short period, he established his own business and in 1982 started his own catering venture. Hussain Sajwani's interview with Bloomberg. Tuesday 15 … [21][22], In 2017, the Hussain Sajwani – DAMAC Foundation sponsored Dubai Future Foundation's One Million Arab Coders Initiative, which was launched by UAE Vice President and Prime Minister, and Ruler of Dubai, Sheikh Mohammad bin Rashid Al Maktoum, to provide free software development training to one million young Arabs. Hussain Sajwani is a real-estate entrepreneur with numerous holdings all over the Middle East and elsewhere. Hussain Sajwani, a billionaire property tycoon who recently snapped up Italian fashion house Roberto Cavalli, has bought 6.8 per cent of the FTSE 100 company. Safeya Sajwani. He learned a lot about the issues that a businessman faces in life, from his father. Here’s the backstory to his success… Born in 1954, Hussain Ali Habib Sajwani grew up in Dubai. Three Reasons Why Celebrating the Birth of the Prophet (Mawlid) is Haram, Three Reasons Why You Need the Guidance of a Scholar in Your Quest for Knowledge, Take a Moment to Reflect, this is Just Dunya, Be Good No Matter the Prevailing Circumstances Around You, How to Make the Study of Islam More Attractive to Our Young. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. [16], In October 2011, DAMAC Properties launched its hospitality division, 'DAMAC Maison Hotels & Resorts'. 10. Proud parents Eric and Lara Trump took to Facetime to speak with their young son Luke from Dubai where they are attending a lavish wedding celebration. He is the chairman of Dubai based luxury real estate developer DAMAC properties which he founded in 2002 and for Sajwani business was in his blood both his parents were successful entrepreneurs. Your email address will not be published. Aside from being the chairman of the Dubai- based DAMAC Group which is now operating in over 20 countries in Europe, Far East, the Subcontinent, North Africa and The Middle East, Sajwani heads Al Anwar Ceramic Tiles, Al jazeira Services, Al Ahlia Insurance in Bahrain and Almana Building Material in Muscat. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. To get better results, add more information such as First Name, Birth Info, Death Info and Location—even a guess will help. Ali Hussain Sajwani is a graduate of North Eastern University in Boston, Massachusetts, where he majored in Economics. She used to purchase fabric from the wholesale market to sell this. 411 talking about this. Currently, Hussain lives in Chicago, IL. Edit your search or learn more. [23] See Hussain Ali Habib Sajwani's compensation, career history, education, & memberships. [17] In 2015, the company was publicly-listed with shares traded on the Dubai Financial Market. [20], Sajwani invested £600 million in London, UK, through its Versace-branded DAMAC Tower London in Nine Elms. List of people with the surname SAJWANI. [25], In April 2020, the Hussain Sajwani-DAMAC Foundation pledged Dh 1 million to the '10 million meals' campaign, UAE's biggest food distribution drive for those affected by the coronavirus. He also used to handle several real estate projects in Dubai. "How The Donald of Dubai Used Outrageous Marketing To Score A $3 Billion Real Estate Fortune", "Trump's sons in Dubai to open Trump International Golf Club", "Damac Maison Hotels & Resorts to add 6,050 keys in ME", "Damac's Aykon Hotels to boast Roberto Cavalli interiors", "Damac, Roberto Cavalli partner to launch iconic Dubai hotel", "Damac chairman's investment firm acquires Italy's Roberto Cavalli", "Hussain Sajwani: The Donald of Dubai - Forbes India", "DAMAC brings back its popular DSF offers on five of its in-demand luxury projects", "Damac developing 8000 serviced hotel apartments", "Dubai's Damac plans more London projects to follow launch of Versace-themed development", "Second time lucky for Tiger Woods? Would you like Wikipedia to always look as professional and up-to-date? A graduate from the University of Washington, he started his career as a Contracts Manager in GASCO, a subsidiary of Abu Dhabi National Oil Company. Sajwani obtained a government scholarship and attended a medical college in Baghdad. We still have a glut and the market is going to be very challenging,” said Hussain Sajwani, chairman of Damac Properties. The company has delivered around 27,400 homes since its inception and has over 35,000 units under various stages of development. [5], DAMAC Properties was ranked number one on the Forbes 2017 Global 2000 list of the fastest-growing global companies based on the compound annual growth rate of revenues from 2013 to 2016. [14], Sajwani started his career in 1981 in the finance department in Abu Dhabi Gas Industries. His stake is worth £133million. [6] In 2018, DICO International signed an international hospitality partnership with global fashion house, Roberto Cavalli Group to design the interiors for AYKON Hotels that will be launched in Dubai. He already knew he wanted to become a white-collar professional with a degree and job with standard working hours. A serial entrepreneur for over 30 years. Hussain Sajwani is a real-estate entrepreneur with numerous holdings all over the Middle East and elsewhere. His mother used top hawk goods to local ladies. Dubai: Dubai-based Vision Investment Company, the private investment vehicle of Damac Properties Group Chairman Hussain Sajwani, has bought Italian fashion house Roberto Cavalli. Two years later, he started a catering venture, with customers including the U.S. military and Bechtel. Hussain Ali Habib Sajwani is Chairman/Founder at DAMAC Properties Dubai Co PJSC. His father owned a watch shop and also controlled small real estate projects in Dubai. UAE billionaire Hussain Sajwani, family still own over 85% of firm, DAMAC clarifies Only 3% of company's shares, not 34%, have been sold to foreign investors Chairman of Damac holding Hussain Sajwani attends a Reuters Summit in Dubai March 26, 2007. 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