Hussain Sajwani’s first company, which he founded in 1982, provided catering services to energy companies operating in Africa and the Gulf, and also feed the US Army during Operation Desert Storm. The powerful international contacts Sajwani developed during this time served him well over the years.
DAMAC Properties Chairman and founder, Hussain Sajwani presides over the Middle East’s largest developer of luxury residential housing, with 8,890 units completed to date and 19,136 units in development. Based in Dubai, the United Arab Emirates, the group’s DAMAC Properties build opulent residential properties that enhance Dubai’s reputation as a splendid place to reside, although DAMAC Properties also develops properties in 20 countries, including Saudi Arabia, Jordan, Lebanon and Qatar. Every development is one-of-a-kind, including the villas at AKOYA Oxygen in Dubailand, which feature access to the water park and the Trump World Golf Club Dubai with a Tiger Woods Design champion course. Hussain Sajwani and Donald Trump, both larger-than-life real estate tycoons, are friends as well as business associates, with Sajwani saying that he would like to continue doing business with the Trump Organization.
Born in 1954 to a middle-class family, Hussain Sajwani was ambitious, attending the University of Washington in Seattle, where he earned a degree in economics. After college, he worked as a contract manager for GASCO and the Abu Dhabi National Oil Company before becoming an entrepreneur. In 2015, DDAMAC Properties alone brought in revenues of $2.3 billion. A serial entrepreneur, Sajwani also founded DICO Invest and Al Jazeira Services Co SAOG, and additionally, he has interests in Global Logistics Services, Taiba Kuwait Holding Company KSCC and Al Anwar Ceramics Co SAOG.
Additionally, billionaire philanthropist Hussain Sajwani of DAMAC recently donated two million AED to provide needy children clothing, in support of the Ramadan initiative, created by His Highness Sheikh Mohammed, Prime Minister of the UAE and the Emirates Red Crescent.