DMAC CEO Hussain Sajwani Gives Back as His Company Continues to Grow
June 21, 2017
DAMAC Properties is a Dubai-based real estate investment and development company that focuses its efforts on various types of property throughout the Middle East. It has been in operation since 2002 and is notable for its luxurious properties and unique marketing methods. Since the election of Donald Trump, the company is also well known for working with the American real estate mogul on his Trump brand golf courses. DAMAC is run by its founder, Hussain Sajwani, who currently heads the company as Chairman and CEO.
Hussain Sajwani was raised in a middle-class family by an entrepreneurial father. He developed his understanding and interest in the business world while observing his father operate his watch shop. He graduated from the University of Washington in 1981 with Bachelor’s Degrees in Science, Economics and Industrial Engineering. Sajwani put his education to use and expanded on the skills taught by his father by founding and developing numerous companies. The largest of his projects has been the development of DAMAC. The company now employs over 2,000 people and is one of the largest of its kind in the middle east.
The Hussain Sajwani family maintain a close relationship with Donald Trump and his own children. Sajwani celebrated New Year’s Eve in the United States with Donald Trump and openly discusses how close his wife is with Trump’s daughter, Ivanka. The pair maintains contact but has put their business dealings on hold to avoid conflict with Trump’s new political position. Sajwani is uninterested in becoming involved in politics and instead chooses to continue to expand his role as Damac Owner instead.
Prior to the founding of DAMAC, Hussain Sajwani worked in the food industry. A point of pride for him during this time was in providing supplies to American troops stationed in the Middle East during Desert Storm. He began this part of his company, a branch that still exists today, in the 1980s as a supplier of catering services. The business thrived but failed to bring Sajwani the scale of profit and success he dreamed of. This was why he chose to sample the real estate industry through the founding of DAMAC.
Today, the self-made billionaire is still expanding his company but has added philanthropy to his resume as well. His chosen charitable endeavors have been child-based. DAMAC has donated over two million AED to charities that provide poor children with the clothing they desperately need. The charity’s goal has been to clothe a million children and Sajwani’s donation made it possible for the organization to provide for an astounding 50,000 needy children. His authorization to DMAC to fund charitable causes will undoubtedly lead to many additional success stories in the future.
For more details, visit http://hussainsajwani.com/.