Hussain Sajwani is a United Arab Emirates entrepreneur who founded DAMAC Group. He serves as this firm’s chairman and CEO. He says that he grew up in a family that was rather humble. His family was middle class and they were financially supported by his father’s business which sold watches and pens to consumers. In order to support his family Hussain Sajwani’s father often worked long hours which kept him away from the family was necessary. His father also sold a bit of real estate while his mother bought fabric and other household items in bulk which she then sold to other women in the area for a small profit.
Hussain Sajwani’s father wanted him to join the family business but he aspired to more. He studied hard in school and received a government scholarship to attend one of Bagdad’s medical colleges. He decided medicine wasn’t for him, though, so he dropped out of this college without getting his degree.
DAMAC Group, which he founded in 2002, is a real estate developer that builds residential, commercial, and leisure properties. He has developed properties in Dubai and across the Middle East. He came up with the idea of starting DAMAC Group when the UAE government passed a decree that foreigners could buy real estate in that nation, something that had been previously forbidden. He has been very successful with this business and it was listed on the London Stock Exchange in 2013.
Hussain Sajwani has partnered with Donald Trump on a couple of projects. These resulted in two Trump-branded golf courses that his organization will manage going forward. The first of these to open, in February 2017, was the Trump International Golf Course. The other course, which was inspired by Tiger Woods, will open in the later quarter of 2018.
Turning his eye to the future, Hussain Sajwani says that he plans to continue expanding the operations of DAMAC Group. He is looking to develop parties in other parts of the world beyond the Middle East. He says he also looks forward to spending time with his wife and children as well.