6 Lessons Learned: Companies

May 10, 2018

Miscellaneous

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Our 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.

Seven at least that are UAE homegrown businessmen and conglomerates that own huge assets of major establishments like hospitals, high rise buildings, banks and mega shopping malls are among these mentioned.

It’s no wonder then that business people from UAE are more successful and shows more profit compared to other countries. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.

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.

One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. An international graduate notably in Portland, he excels in his career, adding his additional studies in France and London.

A graduate of Business Administration in 1979, led to his unquestionable success. Being business minded, his determination surpassed that his self-made wealth says it all.

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.

He mentioned once before that like many others, he had faced problems where he thought cannot be solved or surpassed but is determined to succeed he converted these problems into an opportunity to grow.

With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. This brought to where 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.

Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. 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

Hence, it is no wonder that Hussain Al Nowais profits and wealth increase because his investments covers almost everything of necessity and importance to people.

One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.

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