Growing up in Dubai, United Arab Emirates, Hussain Sajwani wanted to become an entrepreneur like his father. In order to do so he first attended the University of Washington in Seattle and got an undergraduate degree in economics. He went back to Dubai after graduating and got a job at GASCO as one of their contracts managers.
In 1982 Hussain Sajwani founded a catering venture which started out pretty modest. Before too long he had expanded this company and today it provides meals to people in the Middle East, Africa, and The CIS. He offers additional services through this business such as human resource supply and the maintenance of construction campsites.
In 2002 he established DAMAC Properties Dubai Company. This has grown in the past 16 years to be one of the Middle East’s biggest property development firms. Hussain Sajwani is the chairman and his expertises are sales, marketing, and financing. He has finished properties in Dubai as well as Qatar, Saudi Arabia, Jordan, North Africa, and Lebanon.
DAMAC Properties is now a publically traded company. Hussain Sajwani was able to get his company listed on the London Stock Exchange in December 2013. This was followed up in January 2015 when DAMAC Properties was listed on the Dubai Financial Market. The value of his company has a market value of around $4.7 billion.
DAMAC Maison was something that Hussain Sajwani launched in 2011. This is a business unit of DAMAC Properties and it provides services to hotel rooms and apartments. They have 13,000 rooms now that they provide services to. He has established a number of brands for DAMAC Maison including DAMAC Maison Hotels & Resorts, Paramount Hotels and Resorts, DAMAC Maison Royale Hotels and Resorts, and DAMAC Maison Royale The Distinction among others.
Hussain Sajwani also owns an investment venture. This is DICO Investment Company LLC. He puts money into acquisitions, mergers, and private equity. He holds minority and majority positions in a number of Middle East firms. Among these is Al Amana Building Materials of Oman. They have a number of globally recognized brands like Dorn Bracht and Grohe.