Founder, owner and Chairman of DAMAC Group based in Dubai, UAE Jon Gambrell. So instead, he invested in a company in Oman which also nosedived. Would you like Wikipedia to always look as professional and up-to-date? - All Rights Reserved, 2015 - 2016. [14], Sajwani started his career in 1981 in the finance department in Abu Dhabi Gas Industries. 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. Contact us to contribute with your writings. To install click the Add extension button. His stake is worth £133million. His father owned a watch shop and also controlled small real estate projects in Dubai. Ali Hussain Sajwani is a graduate of North Eastern University in Boston, Massachusetts, where he majored in Economics. There are 121 people with the last name SAJWANI displayed over 2 pages. Hussain Sajwani is the chairman of Dubai-based luxury real estate developer Damac Properties, which he founded in 2002. [12], According to Forbes, as of October 2020, his net worth is US$2 billion. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. Sajwani obtained a government scholarship and attended a medical college in Baghdad. Here’s the backstory to his success…. Summary: Hussain Sajwani is 34 years old today because Hussain's birthday is on 12/08/1986. [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. [28] She currently serves as DAMAC's Senior Vice President – Operations. The venture is still operational and is now called Global Logistics Services. We have created a browser extension. Find information about the Sajwani family, see the geographical distribution of the Sajwani last name. Hussain Sajwani is the owner and chairman of Dubai-based luxury real estate developer DAMAC Properties Dubai Co, which he founded in 2002. Both his parents were entrepreneurs. Notify me of follow-up comments by email. [1], Hussain Sajwani is the eldest of five children. 411 talking about this. After much insistence, his father gave in and asked him how he intended to finance his education in the US. Five years later, Dubai’s real estate industry was booming and Sajwani saw this as his golden opportunity. Sajwani genealogy and family history facts. Alternative reports, however, say that the company Sajwani launched in 1982 was not actually Damac but a whole different business. Hussain Sajwani is the eldest of five children. 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 Ali Sajwani is the UAE executive chairman, CEO and founder of the DAMAC Group. 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. From a tender age, Sajwani knew he did not want to follow his father’s footsteps and join the family business. He used to get inspired by his father’s hard work, amaz… I use WIKI 2 every day and almost forgot how the original Wikipedia looks like. Ali Hussain Sajwani is a graduate of North Eastern University in Boston, Massachusetts, where he majored in Economics. [15], In 2002, Sajwani established DAMAC Properties, one of the largest property development companies in the Middle East. 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. [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. See Hussain Ali Habib Sajwani's compensation, career history, education, & memberships. She used to purchase fabric from the wholesale market to sell this. 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. Hussain Sajwani, 63 The owner of Damac has been promoting properties to foreigners, who are allowed to own apartments in the emirate. He learned a lot about the issues that a businessman faces in life, from his father. 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 … His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. Hussain Sajwani graduated from the University of Washington and started his career as a Contracts Manager in GASCO, a subsidiary of ADNOC. He started buying and re-selling properties from Emaar, a mega-developer and now Damac Properties is the largest private developer in the region with 670 million square feet of properties worth over $45bn. He is currently pursuing his Level 3 CFA certification while overseeing day-to-day operations at global property developer, DAMAC Properties. MuslimInc. 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. [20], Sajwani invested £600 million in London, UK, through its Versace-branded DAMAC Tower London in Nine Elms. Hussain Ali Sajwani is the UAE executive chairman, CEO and founder of the DAMAC Group. After his first year, he left for the US and attended the University of Washington where he studied industrial engineering. He is actively involved in various functions, including facilities management, leasing, budgets and RFAs at DAMAC Properties. After his first year, he left for the US and attended the University of Washington where he studied industrial engineering. Edit Search New Search Filters (1) Results 1-20 of 8,941. Hussain Ali Habib Sajwani is Chairman/Founder at DAMAC Properties Dubai Co PJSC. Hussain Sajwani, a UAE national, is the founder and Chairman of global property development Company, DAMAC Properties. Hussain started his career in 1981 in the finance department in … Required fields are marked *. [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. [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. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology. Safeya Sajwani. Your email address will not be published. Enter your email address to get our best stories delivered to you directly. Edit your search or learn more. 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. 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. Both his parents were entrepreneurs. He recovered in 1997 when he began investing in the stock market. 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 self-made billionaire, Sajwani has been recognised as one of the most powerful Arabs, among other accolades. [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. Hussain Sajwani owns a real estate company whose Trump-branded properties are raising eyebrows among the US President’s critics. HUSSAIN SAJWANI. After a short period, he established his own business and in 1982 started his own catering venture. [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. Dubai: Dubai-based Vision Investment Company, the private investment vehicle of Damac Properties Group Chairman Hussain Sajwani, has bought Italian fashion house Roberto Cavalli. [29][30], Hussain Sajwani was featured in Cityscape Intelligence's most influential people in the MENA real estate industry.[36][37]. You could also do it yourself at any point in time. The company has delivered around 27,400 homes since its inception and has over 35,000 units under various stages of development. 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. Rumors say his first business was ‘a disaster’, that he had tough competition and ended up losing about Dh20m. Other family members and associates include Naureen Sajwani, Shariq Hussain, Sohail Sajwani, Imran Sajwani and Azmina Sajwani… [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. ... Hussain Sajwani … [17] In 2015, the company was publicly-listed with shares traded on the Dubai Financial Market. His mother used top hawk goods to local ladies. [1] His son, Ali Sajwani, is an economics graduate from Northeastern University in Boston, US, and the general manager of operations at DAMAC Group. His father owned a watch shop and also controlled small real estate projects in Dubai. Congratulations on this excellent venture… what a great idea! Muslim Inc. is the media and networking platform for the new age of Muslims around the world. 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. He is currently pursuing his Level 3 CFA certification while overseeing day-to-day operations at global property developer, DAMAC Properties. Son of Hussain Sajwani, the CEO & the Chairman of DAMAC Properties, Abbas Sajwani is a young Emirati entrpreneur who is passionate about cars, yacht & jets! That's it. UAE national, Hussain Sajwani is the founder and Chairman of global property development company DAMAC Properties. 10. Both his parents were entrepreneurs. Eric’s wife, television producer and anchor Lara Trump, also posted a picture of herself at the wedding on her Instagram account. Arab Hope Makers 2020. He also used to handle several real estate projects in Dubai. The Hussain Sajwani – DAMAC Foundation has pledged AED 3 million to the Arab Hope Makers initiative 2020, this contribution will go to the initiative’s Humanitarian Cause of the Year - the construction of the Magdi Yacoub Global Heart Centre in Egypt, which will help thousands of Arab children and adults suffering from heart diseases free-of-charge. Dubai real estate tycoon Hussain Sajwani is known for his insane marketing ploys. Hussain Sajwani is the founder and chairman of Dubai-based luxury real estate developer DAMAC Properties. List of people with the surname SAJWANI. The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. [16], In October 2011, DAMAC Properties launched its hospitality division, 'DAMAC Maison Hotels & Resorts'. [26], Sajwani is married, with four children, and lives in Dubai. To get better results, add more information such as First Name, Birth Info, Death Info and Location—even a guess will help. [23] Here’s the backstory to his success… Born in 1954, Hussain Ali Habib Sajwani grew up in Dubai. 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 […] Currently, Hussain is married. A serial entrepreneur for over 30 years. [13] Sajwani obtained a government scholarship and attended a medical college in Baghdad. Hussain Sajwani is a real-estate entrepreneur with numerous holdings all over the Middle East and elsewhere. But, of course, he didn’t stay long enough to see that through. After he got to America, he enrolled in the University of Washington where he studied industrial engineering and economics. Hussain Sajwani was born 1953 and is the eldest of five children. 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. [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). We still have a glut and the market is going to be very challenging,” said Hussain Sajwani, chairman of Damac Properties. 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. You are viewing page 1. Your email address will not be published. Born in 1954, Hussain Ali Habib Sajwani grew up in Dubai. Currently, Hussain lives in Chicago, IL. Two years later, he started a catering venture, with customers including the U.S. military and Bechtel. 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. 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