Hussain Sajwani is a UAE national and one of the richest billionaires in the region. The residential real estate developer is the founder and chairman of DAMAC Properties, which is one of the leading real estate development companies globally.
He also holds a degree in Economics and Industrial Engineering from the University of Washington. Before founding his property development company, the DAMAC owner worked at GASCO and later launched his catering venture in 1982, managing 200 projects and serving over 150,000 meals every day. Read more: Hussain Sajwani | Newksira
Hussain Sajwani built some hotels in Dubai in the mid-90s to accommodate the growing demand in the regions. He later launched DAMAC Properties in 2002, and it has now grown into one of the leading property development company in the Middle East. Learn more about Hussain Sajwani Family: http://www.hoteliermiddleeast.com/23813-the-rise-and-rise-of-damac/
The publicly traded company has approximately 2,000 employees and prides in developing over 16,800 homes amounting to over 44,000 units. DAMAC has also extended its services to other big cities including London, Dubai, Riyadh, Amman, Abu Dhabi, and Beirut, among others.
Sajwani Relationship with President Trump
Hussain Sajwani hopes to enhance his business relationships with President Donald Trump. Mr. Sajwani, who earlier collaborated with President Trump, perceives his rise to power as a boost to his real estate business.
President Trump also acknowledged Hussain Sajwani family presence and referred to them as the most beautiful people during his speech at the New Years Eve at Mar-a- Lago resort in Florida. DAMAC Properties owner had also confirmed that the two families are more than business partners since their families are also closer and have spent time together before.
Apart from the business interests, Hussain Sajwani cares about the needy and the disadvantaged in the society. He donated two million dollars in a campaign that sought to clothe a million children all over the world.
The donations were enough to cover and provide warmth to over 50,000 children. He is also an active participant in various charities in the country and internationally.