Making Money Rain for Your Business
Hussain al Nowais, the Emirates Holdings managing director and chairman, enjoys taking challenges, such as making dying companies live and soar high in the world of business. It will be such an honor to know the success story behind this amazing UAE Businessman.
According to Hussain al Nowais, he was born in the time when life was so hard, which made him push his limits.
In an interview, Hussain al Nowais shared that he has experienced the hardships of their parents back then. And now that their lives have already improved, it is evident how much they earned through their sacrifices.
He shared that back in the 1950s, drinking purified drinking water is already a kind of luxury while having an air conditioner for a room is just unthinkable. Abu Dhabi looked like a village with no citizens, as Hussain al Nowais described it before. He also mentioned that his family once lives in the area of Corniche, wherein Al Husn was the town’s centre.
Hussain al Nowais was sent to Qatar to study since Abu Dhabi’s schooling was insufficient.The norm before was to migrate to a different place, like Saudi Arabia and Qatar, to be able to survive.
Al Nowais’ family only returned to Abu Dhabi, along with other families, when Sheikh Zayed bin Sultan Al Nahyan became the president of UAE. The grandfather of Al Nowais, who was once a pearl merchant, worked his way and became a building material and foodstuff trader. That was the beginning of their family business, which is an organisation for trade.
When Al Nowais completed his high school in a school in Abu Dhabi, he then went to the U.S. in order to resume his education.
After finishing a business administration course in the U.S., he was totally filled with wisdom and might, which gave him the courage to go back home in order to practice what he has learned. It was no surprise that when Al Nowais was 22 years old, he was already one famous and successful person who can communicate well to foreign businessmen all over the world.
With his outstanding capabilities as a leader, he has successfully made their business fly, which finally became a famous distributing, manufacturing, trading, and contracting company. According to him, he almost started from nothing in order to build what he has now.
When his career was still trying to grow, one event that he considers as the turning point was when he got a contract for a department in the government in supplying equipment for electrical use.
The reason why Al Nowais is successful in his career is that he improved his knowledge and skills regularly.
During the Gulf War, Al Nowais saw their food business as something that would succeed because it is needed. By acquiring businesses that are already failing, he found ways to restructure and make them rise again.
Even up to this very day, he is still showing everyone in the whole wide world how possible it is to succeed for such a long time.