[16], In October 2011, DAMAC Properties launched its hospitality division, 'DAMAC Maison Hotels & Resorts'. Tuesday 15 … His mother used top hawk goods to local ladies. 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. The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. 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 […] 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. 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. Required fields are marked *. Hussain Sajwani owns a real estate company whose Trump-branded properties are raising eyebrows among the US President’s critics. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology. Founder, owner and Chairman of DAMAC Group based in Dubai, UAE His stake is worth £133million. 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. But, of course, he didn’t stay long enough to see that through. 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 recovered in 1997 when he began investing in the stock market. 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. 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. He is currently pursuing his Level 3 CFA certification while overseeing day-to-day operations at global property developer, DAMAC Properties. [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. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. Edit your search or learn more. 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… [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. Sajwani obtained a government scholarship and attended a medical college in Baghdad. [13] Sajwani obtained a government scholarship and attended a medical college in Baghdad. I use WIKI 2 every day and almost forgot how the original Wikipedia looks like. Hussain started his career in 1981 in the finance department in … Your email address will not be published. Sajwani obtained a government scholarship and attended a medical college in Baghdad. Both his parents were entrepreneurs. Currently, Hussain lives in Chicago, IL. Hussain Sajwani graduated from the University of Washington and started his career as a Contracts Manager in GASCO, a subsidiary of ADNOC. List of people with the surname SAJWANI. Hussain Ali Habib Sajwani is Chairman/Founder at DAMAC Properties Dubai Co PJSC. [1], Hussain Sajwani is the eldest of five children. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. Congratulations on this excellent venture… what a great idea! Edit Search New Search Filters (1) Results 1-20 of 8,941. 411 talking about this. Here’s the backstory to his success… Born in 1954, Hussain Ali Habib Sajwani grew up in Dubai. Hussain Sajwani, 63 The owner of Damac has been promoting properties to foreigners, who are allowed to own apartments in the emirate. He started to work at the watch shop owned by his father, when he was around three years old. HUSSAIN SAJWANI. Currently, Hussain is married. His father owned a watch shop and also controlled small real estate projects in Dubai. [1] His son, Ali Sajwani, is an economics graduate from Northeastern University in Boston, US, and the general manager of operations at DAMAC Group. Hussain Sajwani's company DAMAC properties launched the new set of Trump-branded duplex villas this week at the golf course bearing the US president's name in Dubai. 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. Jon Gambrell. [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 his first year, he left for the US and attended the University of Washington where he studied industrial engineering. [14], Sajwani started his career in 1981 in the finance department in Abu Dhabi Gas Industries. Mr. Sajwani’s father had a watch and pen store in creek-side Deira district where he used to work for long hours. After high school, Sajwani got a government scholarship and joined a medical college in Baghdad but he dropped out a while later. Son of Hussain Sajwani, CEO and Chairman of DAMAC Properties. 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. After much insistence, his father gave in and asked him how he intended to finance his education in the US. See Hussain Ali Habib Sajwani's compensation, career history, education, & memberships. Rumors say his first business was ‘a disaster’, that he had tough competition and ended up losing about Dh20m. He also used to handle several real estate projects in Dubai. Both his parents were entrepreneurs. He learned a lot about the issues that a businessman faces in life, from his father. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. [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 is the eldest of five children. To install click the Add extension button. The company has delivered around 27,400 homes since its inception and has over 35,000 units under various stages of development. His father owned a watch shop and also controlled small real estate projects in Dubai. 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. Ali Hussain Sajwani is a graduate of North Eastern University in Boston, Massachusetts, where he majored in Economics. Summary: Hussain Sajwani is 34 years old today because Hussain's birthday is on 12/08/1986. Your email address will not be published. Both his parents were entrepreneurs. All Public Member Trees results for Sajwani. A self-made billionaire, Sajwani has been recognised as one of the most powerful Arabs, among other accolades. 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. He is actively involved in various functions, including facilities management, leasing, budgets and RFAs at DAMAC Properties. Arab Hope Makers 2020. 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. MuslimInc. There are 121 people with the last name SAJWANI displayed over 2 pages. Other family members and associates include Naureen Sajwani, Shariq Hussain, Sohail Sajwani, Imran Sajwani and Azmina Sajwani… 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. 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. Hussain Sajwani is a real-estate entrepreneur with numerous holdings all over the Middle East and elsewhere. He became determined to become his own boss rather than be ‘tied down’ to one company. [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. Here’s the backstory to his success…. Alternative reports, however, say that the company Sajwani launched in 1982 was not actually Damac but a whole different business. 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 … So instead, he invested in a company in Oman which also nosedived. Sajwani genealogy and family history facts. Born in 1954, Hussain Ali Habib Sajwani grew up in Dubai. That's it. After a short period, he established his own business and in 1982 started his own catering venture. He used to get inspired by his father’s hard work, amaz… Two years later, he started a catering venture, with customers including the U.S. military and Bechtel. Hussain Sajwani is the eldest of five children. Hussain Sajwani is the owner and chairman of Dubai-based luxury real estate developer DAMAC Properties Dubai Co, which he founded in 2002. 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. Hussain Sajwani's interview with Bloomberg. Hussain Sajwani is the chairman of Dubai-based luxury real estate developer Damac Properties, which he founded in 2002. We still have a glut and the market is going to be very challenging,” said Hussain Sajwani, chairman of Damac Properties. 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. [17] In 2015, the company was publicly-listed with shares traded on the Dubai Financial Market. Dubai: Dubai-based Vision Investment Company, the private investment vehicle of Damac Properties Group Chairman Hussain Sajwani, has bought Italian fashion house Roberto Cavalli. ... Hussain Sajwani … Hussain Sajwani, a UAE national, is the founder and Chairman of global property development Company, DAMAC Properties. [15], In 2002, Sajwani established DAMAC Properties, one of the largest property development companies in the Middle East. Would you like Wikipedia to always look as professional and up-to-date? Hussain Ali Sajwani is the UAE executive chairman, CEO and founder of the DAMAC Group. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts and goods imported from China. Hussain Ali Sajwani is the UAE executive chairman, CEO and founder of the DAMAC Group. He told his father he wanted to study in the US and his father rejected the idea. 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. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology. [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). [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. Muslim Inc. is the media and networking platform for the new age of Muslims around the world. You could also do it yourself at any point in time. Notify me of follow-up comments by email. [11], In 2019, Sajwani's private investment firm completed the acquisition of Italian fashion group Roberto Cavalli. You are viewing page 1. He already knew he wanted to become a white-collar professional with a degree and job with standard working hours. The venture is still operational and is now called Global Logistics Services. That hint of a quirk is one of the few remaining vestiges of Ali Sajwani the boy, contrasting with the 27-year-old as he charts his ascendance as general manager at Damac, the company that his father and one of the Arab world’s richest men, Hussain Sajwani, founded. She used to purchase fabric from the wholesale market to sell this. 10. Five years later, Dubai’s real estate industry was booming and Sajwani saw this as his golden opportunity. To get better results, add more information such as First Name, Birth Info, Death Info and Location—even a guess will help. [12], According to Forbes, as of October 2020, his net worth is US$2 billion. Enter your email address to get our best stories delivered to you directly. [23] Find information about the Sajwani family, see the geographical distribution of the Sajwani last name. [29][30], Hussain Sajwani was featured in Cityscape Intelligence's most influential people in the MENA real estate industry.[36][37]. [28] She currently serves as DAMAC's Senior Vice President – Operations. Ali Hussain Sajwani is a graduate of North Eastern University in Boston, Massachusetts, where he majored in Economics. Hussain Sajwani is the founder and chairman of Dubai-based luxury real estate developer DAMAC Properties. After his first year, he left for the US and attended the University of Washington where he studied industrial engineering. He was called one of Middle East's Future Stars by the Arabian Business Achievement Awards 2017, organized by Arabian Business. Hussain Sajwani has an extraordinary story. Safeya Sajwani. He is managing more than 200 projects and serving over 150,000 meals daily in a number of markets, including the Middle East, Africa and the CIS. "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? We have created a browser extension. UAE national, Hussain Sajwani is the founder and Chairman of global property development company DAMAC Properties. Eric’s wife, television producer and anchor Lara Trump, also posted a picture of herself at the wedding on her Instagram account. 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). A serial entrepreneur for over 30 years. Contact us to contribute with your writings. From a tender age, Sajwani knew he did not want to follow his father’s footsteps and join the family business. He is currently pursuing his Level 3 CFA certification while overseeing day-to-day operations at global property developer, DAMAC Properties. After he got to America, he enrolled in the University of Washington where he studied industrial engineering and economics. 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! [26], Sajwani is married, with four children, and lives 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. - All Rights Reserved, 2015 - 2016. [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. Talk about success. Dubai real estate tycoon Hussain Sajwani is known for his insane marketing ploys. 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