The DAMAC owner, Hussain Sajwani made an appearance at the 2018 Davos event and found himself thrust into the global spotlight for his comments about creating a sustainable industrial sector. The entrepreneur is a supporter of many of the programs created by the Royal Family of the United Arab Emirates, including the One Million Arab Coders project designed to create a technologically advanced economy for the Middle East.
DAMAC may be the best-known company owned by Hussain Sajwani, but the DAMAC owner has built an impressive empire crossing a range of different sectors. Included in the companies owned by Hussain Sajwani is his Al Jazeira Services group focusing on catering for industrial and military agencies. In a post from Bezaat.com, it says that this is the sector Hussain Sajwani used to launch himself on the business world and provided him with a service award from the U.S. military following the Iraq Wars.
Like all god investors and entrepreneurs, Hussain Sajwani does not believe in placing all his eggs in a single basket but spreads his investments across a range of sectors. His own DICO Investments company has become the most important arm of the empire of the DAMAC owner as it handles more than $3 billion in assets. Not only does the University of Washington graduate look to maintain his real estate investments but also looks to continue his success by investing in developing banking institutions for the long-term. Visit his website for more details.
In the luxury real estate industry, the establishment of the Nine Elms Property group has been one of the most important and long-awaited of recent years. The group is in charge of the AYKON One Tower overlooking the River Thames in London with interiors designed by Versace Home. Strategic partnerships have become a major part of the work of the DAMAC owner who saw his golf developments on the outskirts of Dubai completed with a partnership with the Bugatti sports car company. Partnering with other luxury brands have become a major part of pushing forward the DAMAC brand on the global stage.
Recommended reading: https://www.albayan.ae/economy/local-market/2016-04-27-1.2627119