Hussain Sajwani is a titan in the Middle East property market, with close ties to the Trump Organization through luxury development deals in Dubai. His ties extend to Trump’s children since they are profoundly involved in the business. However, since his election Trump has turned down deals offered to him by Sajwani.
Hussain is a graduate of Washington University and resides in UAE with his wife and four children. After graduating, his first venture was a catering business that became the leading service provider for the U.S. military during the first war in Iraq. Now, the company services mostly oil and construction campsites throughout the Middle East. In the 90s, Hussain Sajwani was one of the first to recognize the influx and potential of foreign investment, and he funded the building of several hotels to accommodate. Sajwani founded DAMAC Holdings in 2002, a luxury property developer that he expanded to include hospitality and investment. Based in Dubai, DAMAC partners with luxury brands such as Fendi, Bugatti, and Just Cavalli to create high-end living experiences.
During the crash of 2008, Sajwani learned valuable lessons about how to survive the worst of economic downturns. Because of Hussain Sajwani’s leadership and vision, DAMAC properties sailed through the financial crisis and now has a global geographical reach that extends into Saudi Arabia, Qatar, Jordan, Lebanon and the UK. His affiliations and professional relationships reach even farther.
Hussain Sajwani contributed AED two million to the Ramadan initiative founded by Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister of the UAE. The initiative was created to clothe deprived children around the world. Sajwani strives to support and facilitate philanthropy, in alignment with his core principles of personal and corporate responsibility. He created the DAMAC Foundation, a social education program, and backed a variety of other organizations such as the Emirates Red Crescent, Dubai Cares and Dar Al Ber Society. “As a home-grown company, we feel it is important to give back to the community in which we operate.” A statement from DAMAC’s website, it seems to reflect the underlying principles that bolster Hussain Sajwani’s dynamic empire.
To learn more, visit http://www.hussainsajwani.com/.