Our UAE Businessman Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
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 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.
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.
One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. He had studied internationally that somehow contributes to his excellence in business.
Graduated Business Administration in 1979 made way to his contributing success today. Being business minded, his determination surpassed that his self-made wealth says it all.
Hussain Al Nowais started doing family business with only a handful of staff. Now he had already over 6,000 employees and is still counting to this date.
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. This brought to where he is now.
Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. 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.
Now with 12 Board Members in connection with 12 organizations in 11 different industries across the globe. Hussain Al Nowais investments now covers 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 noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.