The 64-year-old Hussain Sajwani was born in the emirates to an entrepreneur father. He got a government scholarship to study industrial engineering and economics at Washington University. Hussain Sajwani started his career as a contracts manager in a subsidiary company of Abu Dhabi National Oil Company, GASCO. He later established his own catering business which has grown tremendously over the years. In the mid-90s, Dubai is another city were Hussain Sajwani expanded his venture in the property market where he was able to build several hotels. In 2002, he launched DAMAC properties, which is among of the companies in the world which its rate of development in the capital is noted.
DAMAC properties are responsible for some of the most luxurious features in the world. Some of these are; a golf course designed by Tiger Woods, paramount hotels and resorts, apartments with interiors by Versace and Fendi and villas styled by Bugatti. DAMAC Properties is also responsible for the Versace branded-Aykon One tower in Nine Elms in London, UK. The company has projects in cities like Abu Dhabi, Jeddah, Doha, London, Beirut, Dubai, Riyadh, Amman etc. Damac properties in 2011 launched DAMAC Maison; it’s hospitality division which will be able to provide bespoke services to residents in serviced hotel rooms and apartments. Apart from developing luxury properties, DAMAC properties have contributed tremendously to Middle East economy. The widely listed company has employed over 2000 people. The progression of this company can be endorsed to Hussain Sajwani’s entrepreneurial skills.
Hussain Sajwani has received a lot of recognition for his work; he was ranked as one of the top ten billionaires in the 2017 Forbes list of the world’s richest Arabs. Hotelier power 50- CEO Middle East Awards 2017 also recognized his effort, and he was ranked number fifteen. He also won the title of CEO of the year by his outstanding outcomes in the CEO Middle East Awards in 2017. Also, DAMAC properties got the first position in the Forbes 2017 global 2000 list.