Hussain Sajwani is the founder, Chairman and DAMAC owner. DAMAC Properties, is a property development company in UAE. He studied in the U.S. at the University of Washington. He started his career working with a subsidiary of Abu Dhabi National Oil Company. In 1982, he started a catering company.
According to akhbarak.net, the company started out small and built up over the years. Today, they manage over 200 projects and serve over 150,000 meals per day. They serve markets primarily in the Middle East and Africa.
They serve construction sites, army camps, schools, hotels and drilling rig operations. They also provide camp management services, manpower supply services as well as maintenance.
In the mid-1990s Sajwani was one of the first to jump into the property market expansion in Dubai. He developed luxury hotels that cater to the people coming to the region for business and trade purposes. In 2002, he started DAMAC Properties. It is one of the major property development companies in the region run by the Hussain Sajwani family.
Sajwani’s marketing, sales and financial expertise have been the major reasons the company has become such a huge success. He has properties in Dubai, Abu Dhabi, Doha, Beirut, Jeddah, Amman and London.
DAMAC employs over 2000 employees. It is currently listed on the Dubai Stock Exchange. They have worked with Tiger Woods in designing golf courses. They have built luxury apartments in partnership with Versace Home and Fendi Casa.
In 2011, they started the DAMAC hospitality division, DAMAC Maison. It services people staying in hotel rooms and apartments of the company. The growth is exceptional. Sajwani is listed as one of the top 100 most influential Arabs.
Hussain has experienced success in the equity and capital markets as well. He focuses on private equites, mergers and acquisitions and trading of public equities. He has been involved with several other successful business ventures over the years with individual companies.
Sajwani serves as a member on several boards. One is Majan University College in Muscat, Oman. He is on the board of JUNO Online and Emirates Takaful Company. He currently has a net worth of over $3 billion. He lives in Dubai, is married and has four children.