Questions About Experts You Must Know the Answers To

May 11, 2018

Miscellaneous

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Our UAE Businessman Hussain al Nowais

The United Arab Emirates is known to have the richest business tycoons from all over the world.

To note, seven businessmen born and raised from UAE hold the record being the richest billionaires in the whole world that are running huge businesses in hospitals, high rise buildings, banks and mega shopping malls.

It’s no wonder then that business people from UAE are more successful and shows more profit compared to other countries. Seven of these individuals are mentioned by Forbes in 2018, noted to be the wealthiest individual and families among the recorded 2,200 billionaires.

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.

Not surprising that he is very good in business since he graduated with a degree in Business Administration in 1979. 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.

He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.

His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. It had made him as to what he is now.

Several companies in Abu Dhabi like Hussain Al Nowais admire him being either the chairman, director or co-chairman. Those that which he is handling are Senaat, one of UAE’s largest industrial holding companies; Al Nowais Investments where he is now the Executive Chairman, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are a few to mention.

Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Hussain Al Nowais investments now covers Oil and Gas Petrochemicals,Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology.

Thus he remained successful in making wealth and profit since most of the industries he had invested in are gearing to grow and expand and Hussain Al Nowais is still in the game in doing business grow all these years.

His investments enjoys long-standing partnerships with leading players in the industry.