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DAMAC Owner Hussain Sajwani Went From Food Supplier To Property Developer Through DAMAC

DAMAC is a major corporation that was started by Hussain Sajwani back in the 1980’s. Hussain had a normal job before starting out his company at GASCO, but he didn’t stay long after becoming a manager because he was dreaming of something bigger for himself. As a food distributor, DAMAC has contracts all over the region and was able to steadily expand throughout the years. It was near 2000 that the real estate market started to change, and Hussain decided he was going to be involved with it. By 2002, DAMAC had a dedicated property development sector and was entering the real estate business. Their primary focus since the beginning has been luxury property development and they have been a part of more than 20 thousand projects in the past 16 years.

Although Hussain started out DAMAC has a food distribution company, they have become one of the largest real estate developers in the Middle East. Over the years, Hussain has built up a working relationship with the President of the United States, Donald Trump. Both have had good things to say about each other and Donald even spoke of Hussain at the New Year’s Eve Event. Donald and Hussain worked on the Trump golf courses project back in 2013. DAMAC has become one of the major players in property development throughout the Middle East and the entire industry is aware of Hussain’s goals to expand.

Hussain (@hussainsajwani) has used his massive financial success with DAMAC to do great things outside of business as well, mainly philanthropic projects. DAMAC has backed many projects for nonprofit organizations in the past and Hussain worked with Dubai’s president to provide thousands of children life essentials such as food and clothing. The United Arab Emirates have benefitted greatly from the real estate development of DAMAC as well, providing lots of homes throughout the entire region.

Visit here: https://analystoffinance.com/2018/05/damac-owner-hussain-sajwani-re-built-dubais-real-estate-market/