The UAE Businessman Hussain al Nowais
When you will look for the richest business tycoons from all over the world then you will simply find many of them 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 is then a fact that businessmen from UAE are more inclined to generate more profit and gain more asset in business compared to many 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.
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.
Not surprising that he is very good in business since he graduated with a degree in Business Administration in 1979. 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. At present, his employees have reached over 6,000 and it actually is still growing to this day, imagine that!
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. 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.
Therefore it is not a surprise that having these investments by Hussain Al Nowais still remains to be at an advantage in business.
One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.