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.
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. In fact, as confirmed by Forbes’ in 2018, among the list of 2,200 billionaires around the world the wealthiest individual and families are from UAE.
Nonetheless, those that are in line with banking investments, automobiles and other industries have a decline in profit compared to those that ventured in health care, money exchange, and property.
Hussain Al Nowais is a native of Abu Dhabi, UAE and is one of those seven billionaires mentioned earlier. His education background is impressive in the sense that he graduated in Portland, France, and London.
Graduated Business Administration in 1979 made way to his contributing success today. 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. On the record today, he now has over 6,000 employees and still growing to this date, which is inspiring.
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.
His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. All these led to what he have 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. Hussain Al Nowais have invested in industries like Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication, and Technology.
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 quality trait that his investments portray is the long-standing partnerships with leading players in the industry.