Hussain Sajwani, The Owner Of DAMAC Properties Ranks High Among Philanthropists In The Middle East

June 21, 2018

Hussain Sajwani is a United Arabs Emirates national. He is the founder, owner and the Chief Executive Officer of the DAMAC Properties. He went to the University of Washington in the U.S where he graduated with a degree in Industrial Engineering and Economics. He was among other students who obtained government scholarships to the United States of America.

His early life and start of the career

Hussain Sajwani was born into a business family, where his father had a shop selling watches, parkers’ pens, shirts and other more goods imported from China. Hussain Sajwani started his career back in 1981, where he worked in the finance department in Abu Dhabi Gas Industries. After his two years of work in the gas industry, he went ahead and started his own venture in a catering business, of which he had customers that included the U.S. Military and Bechtel. His catering venture is still serving and it’s called Global Logistics Services

DAMAC Properties Establishment

In the year 2002, Hussain Sajwani founded DAMAC Properties which became one of the top-ranked property development companies in the Middle East. The development company has performed tremendously in its projects, developing more than 18,000 apartments from the time it was established, and has over 44,000 units from different stages of development.

The company’s popularity

In 2015, DAMAC Properties got publicity when it was listed with shares traded on the Dubai’s Financial Market. DAMAC has developed various and renowned projects with different designers, which include a golf course that was designed by Tiger Woods and got managed by the Trump Organization, luxury apartments which Italian fashion house Versace did its interior, luxury villas that were styled by Bugatti, and Paramount Hotels and Resorts which they had a partnership with Paramount Pictures, just to mention a few.

DAMAC Foundation

Hussain Sawani has a foundation by the name DAMAC Foundation, which is a philanthropic initiative. His aim of establishing the foundation was to empower the youth and stabilizing a happier society in the line with educating young people and developing their skills in the competitive economic environment.

Hussain Sajwani’s Socials:
twitter.com/hussainsajwani
instagram.com/hussainsajwani/

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