DAMAC Owner Hussain Sajwani: Building a Real Estate and Catering Service Business Empire

Hussain Sajwani is a hard-working businessman, and he was able to build his fortune by focusing on his catering services and real estate business. Today, his net worth is reported to be more than $2 billion, and he is one of the wealthiest persons in the United Arab Emirates today. After he graduated from the University of Washington, the young Emirati decided to go back to his home country and look for a job that would suit his degree. He found himself working for GASCO as their contract manager. He never liked his job at the company and decided to quit a few months after he started working with the oil and petroleum firm.

Jobless, he decided to use the money he saved at the bank to establish a business. He thought that a food catering business might be a great idea because he owns property near a US base and an engineering company, and a lot of people are passing by the property he owns. As per Saudi Projects, he started to offer food to the employees and the soldiers who are working near his place, and his food catering business became an instant hit. His loyal customers liked the food that he cooks, and years after he put his food catering business, it started to spawn branches outside the UAE. His business spread through the Middle East, Africa, and Central Asia.

The success of his food catering business gave him his first million. He used this wealth eventually to invest in the real estate sector. In 2002, the leader of the UAE pleaded the Emirati business people to invest in transforming Dubai, and Hussain Sajwani (@hussainsajwani) pledged that he would be contributing to the city’s transformation. He founded the DAMAC Properties on the same year and offered projects to the ministry looking after the transformation of the city. With the help of Hussain Sajwani and the DAMAC Properties, Dubai came out as a premier Middle Eastern city, and today, many people from around the world are traveling to Dubai to experience a different feeling of city-living. Hussain Sajwani and his company continue to get the attention from other Middle Eastern countries, providing contractor services to numerous firms.

Watch this video: https://www.youtube.com/watch?v=pQwEdFvIYec

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