Hussain Sajwani, a graduant of the University of Washington, started his career at GASCO as a contract manager. In 1982, Sajwani started his own catering business that had ties to the US Military and construction giant Bechtel. He was also one of the pioneers of market expansion in Dubai in the 90s where he built hotels to accommodate the growing population of business people and traders in the country. Later in 2002, he established DAMAC Properties.
Hussain Sajwani’s Relationship with Trump
Both the DAMAC owner and President Donald Trump are hoping to enhance their business relationship. The two real estate giants have had many business dealings together, including developing the Trump International Golf Club, whose luxury villas collected almost two billion dollars in sales. Their relationship could be troubled due to concerns of conflict of interest on Trump’s side as he promised not to engage in new business dealings. However, Sajwani asserted that their relationship extended beyond business because he has ties with Trump’s daughter Ivanka and two of his sons, Eric and Donald Jr. Evidently, the Hussain Sajwani family and that of Trump have nurtured a relationship that goes beyond business. The three Trump children are very much involved, which gives hope to the continuation of trade dealings between Donald Trump Real Estate Firm, Trump Organization and, DAMAC Properties Dubai Co.
DAMAC Properties Dubai Co.
DAMAC Properties Dubai Co. PJSC is a real estate business that engages in the development of commercial, residential, and leisure properties in Dubai and the Middle East. This company was founded in 2002 by Hussain Ali Habib Sajwani (@HussainSajwaniOfficial). Its headquarters are in Dubai, United Arab Emirates. The company has about 2,000 employees and has its shares listed on the Dubai stock market. It holds one of the best luxury property development track records in the industry today. The company has delivered 16, 800 homes with a development portfolio of just above 44 thousand units of different stages of planning and progress.
Hussain Ali Habib Sajwani’s Support to Humanity Programs
Bloomberg said that the chairman and chief executive of DAMAC Properties, Hussain Sajwani recently handed a two million dollar check to AED to help cloth a million children all over the world. This initiative was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, who is the current Prime Minister and Vice-President of the (UAE) United Arab Emirates. He is also the Ruler of Dubai. The contributions made by Sajwani are part of the company’s support for the government of Dubai’s effort to improve the living standard of people living in the world. That single contribution made by DAMAC will provide clothing for over fifty thousand children from all over the globe. In his speech, Sajwani said that the young generation is the future of the world society. Therefore, it is critical to give them the right environment for them to get a good start. Connect with Sajwani on Instagram.
This post is related to: https://www.forbesmiddleeast.com/en/tag/hussain-sajwani/