5 Lessons Learned: Companies

The UAE Businessman Hussain al Nowais

The latest data that was gathered specifically from Dubai mentions that the richest business tycoons around the globe are from the United Arab Emirates.

It was noted that among these richest people, seven of them are locally UAE grown businessmen who are great stakeholders of 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.

However, as of late those businesses in healthcare, money exchange, and property increased in wealth, and those in the investments in banking automobiles and other industries, on the other hand, shows a decline in fortune.

Hussain Al Nowais is a native of Abu Dhabi, UAE and is one of those seven billionaires mentioned earlier. An international graduate notably in Portland, he excels in his career, adding his additional studies in France and London.

Graduated Business Administration in 1979 made way to his contributing success today. His self-made wealth is only an indication that he was a determined businessman.

Hussain Al Nowais managed his family business at first with only a few staff. Now he had already over 6,000 employees and is still counting to this date.

Facing challenges, where he thought he can’t get over with, are not new to him as he experiences this like many others but he made sure that he is not disheartened and used these challenges to give him room for greater growth.

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.

Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.

He is connected to 12 Board Members in 12 organizations across 11 different industries. Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology are of late the investments of Hussain Al Nowais

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.