Hussain Sajwani is the founder and Chairman of DAMAC Properties. DAMAC is publicly-listed on the Dubai Financial Market. It has thousands of employees. DAMAC Properties is one of the largest property developers in the Middle East. Read more: Hussain Sajwani | Forbes and Hussain Ali Habib Sajwani | Bloomberg
The Damac Owner studied at the University of Washington where he graduated with a degree in Economics and Industrial Engineering. He worked as a contracts manager at the Abu Dhabi National Oil Company for a short period and then ventured into entrepreneurship.
Hussain started a catering venture whose clients include the US Army, world-class hotels, construction sites, and institutions. Hussain Sajwani founded DAMAC Properties when the Dubai government allowed foreigners to own and buy property in the region.
He was able to sell units of the first residential building that DAMAC built before construction began. DAMAC has collaborated with other top companies on some of the projects that it has put up. These companies include Bugatti, Fendi, and Versace.
DAMAC Properties has developed properties in global cities around the world including Abu Dhabi, Dubai, London, and Riyadh. They collaborated with Donald Trump to develop the Trump International Golf Club and the Trump World Golf Course.
Hussain Sajwani is a good friend of Donald Trump. He has collaborated with Trump on many business deals. The Trump International Golf Club has already turned out to be a success. It has done more than $2 billion in sales.
Trump said that he would not be doing any deals while he was in office. Sajwani mentioned that he would continue to work with his sons and daughter. Sajwani said that Trump’s children are involved in the business. They were experienced enough to continue running it.
Sajwani noted that they were protective of the brand and made sure that the details of a deal were sorted out. Sajwani and Trump are also involved with each other on a less professional level.
Their families go out together. Sajwani stated that Trump had already told him he was grooming the younger generation to take up the leadership if he won the presidency. The Hussain Sajwani family was invited to Trump’s celebration on new year’s eve.