The chairman and founder of DAMAC Properties, Hussain Sajwani, graduated from the University of Washington. DAMAC is a company that develops properties. Sajwani began his career in GASCO as the contracts manager. GASCO is a subsidiary of the more extensive Abu Dhabi National Oil Company. Briefly, Sajwani settled on his catering escapade in 1982.
He was among the property market expansion pioneers in Dubai. The entrepreneur built numerous hotels during the mid-1990’s that aimed at accommodating the expanding influx of traders to the Emirates. Due to the business opportunity presented by the growing trade market and the arrival of traders, Sajwani started DAMAC Properties in 2002. The company is currently among the most significant enterprises that develop properties in Dubai and its environs. His vast experience and knowledge in the property development field and administration are the crucial factors that drive the company’s success.
Sajwani’s flagship investment firm is the DICO Investments Co. LLC. The institution’s primary focus is on investments in areas such as mergers, acquisitions, and private equities. The company holds both minority and majority holdings in companies that are traded publicly. The organization always looks for value propositions in the regional and global sphere of investments.
Donald Trump and Mr. Sajwani are business partners. During the New Year’s Eve, the then president-elect praised his business partners, among them, was Sajwani. Hussain’s company is the one that developed Trump International Course Dubai. The two are close friends considering that the President identified the Sajwani family in his speech as being a beautiful family.
What does DAMAC do? What properties do they Specialize in? Where are they located?
DAMAC Properties develops luxury real estates in the private sector. DAMAC does impressive golf courses with Trump and creates striking marketing stunts. DAMAC Properties still has the subsidiary which offered food services to Americans during the war. The company has its central headquarters in Dubai, the UAE.
DAMAC owner, Mr. Hussain, supported a campaign to provide clothes to needy children across the world. The company continues to support the government in its efforts of improving living standards in various parts. DAMAC Maison is the hospitality division of Sajwani’s company offering bespoke services to inhabitants of hotel apartments.
Follow Hussain Sajwani on twitter.