The UAE Businessman Tycoon Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
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 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. Seven of these individuals are mentioned by Forbes in 2018, noted to be the wealthiest individual and families among the recorded 2,200 billionaires.
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. 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. At present, his employees have reached over 6,000 and it actually is still growing to this day, imagine that!
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. All these led to what he have now.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Those that which he is handling are Senaat, one of UAE’s largest industrial holding companies; Al Nowais Investments where he is now the Executive Chairman, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are a few to mention.
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 quality trait that his investments portray is the long-standing partnerships with leading players in the industry.