Our UAE Businessman Hussain al Nowais
The latest data that was gathered specifically from Dubai mentions that the richest business tycoons around the globe are from the United Arab Emirates.
Seven at least that are UAE homegrown businessmen and conglomerates that own huge assets of major establishments like hospitals, high rise buildings, banks and mega shopping malls are among these mentioned.
It’s no wonder then that business people from UAE are more successful and shows more profit compared to other countries. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.
Even then those that are in business about health care, money exchange, and property have continued to prosper and gain, but those that ventured in banking investments, automobiles and other industries showed a challenge by a notable decrease in profit.
Born and raised as well in Abu Dhabi, UAE, Hussain Al Nowais is one of the mentioned successful billionaires that made a record in the business industry. His education background is impressive in the sense that he graduated in Portland, France, and London.
A graduate of Business Administration in 1979, led to his unquestionable success. He was a determined person and had grown to be a very successful businessman in his self-made wealth.
Hussain Al Nowais started doing family business with only a handful of staff. Now he had already over 6,000 employees and is still counting to this date.
Facing challenges, where he thought he can’t get over with, are not new to him as he experiences this like many others but he made sure that he is not disheartened and used these challenges to give him room for greater growth.
His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. This brought to where he is now.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.
Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Hussain Al Nowais have invested in industries like Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication, and Technology.
Hence, it is no wonder that Hussain Al Nowais profits and wealth increase because his investments covers almost everything of necessity and importance to people.
One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.