Hussein Sajwani family is the DAMAC Owner.the organization which is in UAE is involved in property development, marketing strategies and developments of golf courses. Hussein Sajwani has developed deep ties with the United States tracking all the way from the past such as the attempts to provide the U.S military with food services in the 1991 Iraq war. He has maintained the food business despite it not being prominent. However, the example goes to show Hussein ways of creating friendships on the international scale. Hussein Sajwani has close ties with the American President Donald Trump, having worked together in the construction of his golf course. He also received an invitation to the state house during the presidential inauguration party. Learn more: https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani
With the influence that he commands and international relationships, he is making giant strides in the UAE real estate industry due to the favorable prices. Hussein is also considering of taking his company public in the London stock market. Damac can acquire bonds with its relative debt/equity ratio.
Hussain Sajwani family is the epitome of humble beginnings. In the 1980s he started out with a food and catering business. He supplied food to the workers in the energy industry and received several contracts to provide the U.S military with food. In the food business, he saw the potential to make millions but his ambitions to grow made him diversify his efforts. In early 2000, he decides to dive head in into the real estate industry which had seen remarkable growth in Dubai. He ventured into building hotels at Deira mainly boosted by a large number of visitors from the collapsed Soviet state. In real estate, he ventured with his company Damac properties which went on to develop top-notch structures followed up with aggressive marketing campaigns. Learn more: http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566
The year 2008 was marked with the drop in the real estate market. Mr. Hussein Sajwani had foreseen the collapse and to counter the effects, he cut his other costs and opted to preserve the cash gained. Through his efforts, he was able to protect Damac and create a good cash floor base. His key to success has been the management of cash and following through with the laid strategies. In UAE, Mr. Hussein Sajwani has also involved himself in various charities including one where he donates a large sum of money for the migrants freeing Syria.