Hussain Sajwani and DAMAC Owner is a billionaire real estate developer from the United Arab Emirates. He is the chairman and founder of a real estate development company known as DAMAC Properties. His company was ranked as the best real estate company by the Forbes 2017 magazine. Having studied at the University of Washington Sajwani began his career in1981 where he worked in the finance department of a gas industry in Abu Dhabi. In 1983, the billionaire founded a catering venture. His customers were all and sundry including Bechtel and the U.S. military. Hussain Sajwani’s breakthrough came in 2002 when he established DAMAC Properties which is the largest property development company in the Middle East.
Since its establishment, the company has developed about 19000 apartments. The real estate company also has 44000 projects which are still in development. DAMAC Properties was publicly listed in 2015 and it began trading in the Dubai Financial Market. Hussain Sajwani DAMAC Owner developments include some prestigious apartments which have interiors done by Italian designers Versace and Fendi, a golf course which has been designed by Tiger Woods, extravagant villas designed by Bugatti. The company has also partnered by Paramount Pictures to come up with Hotels and Resorts.
Hussain Sajwani and DAMAC Owner has a close relationship with Donald Trump who is also a real estate titan. Donald Trump has a real estate company known as the Trump Organization. He is looking forward to establishing a business relationship with Trump’s real estate company. The two billionaires celebrated New Year’s Eve together and they have already established luxury villas which are estimated to be about 2 billion dollars in sales. Hussain Sajwani has deep ties with Trump’s family including his three children who are greatly involved with the business partnerships between Trump and Sajwani.
Hussain Sajwani is an active philanthropist; he has contributed to many charitable organizations and launched an initiative in Dubai to support needy children across the globe. He wrote a cheque of two million emirate dollars which was enough to provide enough food and clothing for over 50000 children.
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President Donald Trump has business interests in various areas. During his presidential campaigns, there were concerns about his objectivity in making economic reforms. He celebrated his victory in one of his resorts where various dignitaries were present. He recognized his business associates from various parts of the world. He mentioned Hussain Sajwani in his speech. Hussain Sajwani is the pioneer of DAMAC Properties. The firm was contracted by President Trump to build a modern golf course. It is a market leader in property developments in Dubai. Other than the construction industry, DAMAC Properties has also invested in the food business. He has focused on expanding the organization. As a result, he has plans to make the firm public. He has held deliberations with relevant players in the financial markets to ensure that the Initial Public Offering becomes successful.
Damac Properties was founded in 2002 as per Arabi21.com. The firm engaged in vigorous marketing practices during its first years of business, and this enabled it to create a competitive advantage over the competitors in the industry. In 2008, there was an economic change where organizations lost a lot of their investments. Hussain Sajwani responded by cutting costs and preserving cash. Such business practices have enabled DAMAC Properties to be profitable and competitive even during unfavorable economic conditions. He believes that some companies have failed due to their greed and urges them to be cautious in their decision making. He acknowledges that making speculations is unavoidable in business. One of the most transformative strategies that DAMAC Properties has employed is full payment of land that it acquires for use.
Hussain Sajwani believes in diversifying investments. DAMAC invests in government securities and maintains good levels of cash reserves to enable it to meet its obligations when they fall due. He has plans to expand his construction business to other parts of the world. He is concerned about investing in some countries such as Syria due to the unstable economic and political climate. Hussain Sajwani’s son studies in the United States. He hopes that when he grows up, he will take control of the business. He has plans to transform DAMAC Properties to have a modern corporate structure. Hussain Sajwani on Instagram.
From this site: http://www.awaan.ae/
When Omar Boraie first came up with the idea for a high-rise building in New Brunswick, many people questioned what he was doing and whether or not he was going to really be able to pull it off. Because of the things that Omar Boraie was able to do, he knew that being able to help people with all of the things going on in the city would be the best way to make a difference and show others the right way to develop the city and make it better for people to see that things could be better in a city that was failing in the past.
Since Sam Boraie first came to New Brunswick, he saw that there was a lot of potential in the city. While he was living there, the city had a lot of crime and a lot of problems that he knew would be better if he could make more living and working opportunities for other people to be able to enjoy. It was something that he had a vision for and something that made it easier for him to continue working on the developments so that his city would get better. Visit Fundacity to know more.
As Omar Boraie was working on The Aspire and other development projects, the Central Jersey Working Moms knew that he would be able to try new things and do more with the city. They trusted in the vision that Omar Boraie had for New Brunswick even though other people were not interested in what he was doing or doubted the things that he was going to do in the city. Thanks to the blog that was published about him being a visionary on the site, he was able to improve his reputation and more people began to trust the things that he was going to be able to do.
According to Philly Purge, despite the fact that New Brunswick has gotten better in the years since Omar Boraie has been creating developments, it still continues to need improvement to it so that people will be able to get more out of the city. There were many ways that the city saw improvements thanks to Boraie Development but it continues to be a city that struggles with crime and unemployment. Omar Boraie knows that he will not be able to do this singlehandedly but he also knows that he can be a great influence to other companies that want to do the same thing.
See more: https://www.bloomberg.com/profiles/companies/0601263D:US-boraie-development-llc