Hussain Al Nowais: A Remarkable UAE Businessman
Also known for his growing investment agency ALNOWAIS Investments, the rise of business strategist and industrial specialist Hussain Al Nowais is quite evident with his growing business portfolio. His current projects include leading the global expansion strategy of ALNOWAIS Investments and providing strategic project developments in the field of industry, infrastructure, energy, hospitality as well as real estate.
Al Nowais is a well known international businessman in UAE with over 30 years of experience in the field as he has been working in various countries all over the world in the field of banking, investments, real estate, industrial and infrastructure developments, petrochemicals, heavy industries, financial services and many more. Al Nowais has also sold a number of businesses and lucrative IPOs and he is best known for his remarkable ability to turn unprofitable companies into something bigger and make them profitable ones.
Al Nowais is also known not only in the private sector but also in the public as he has worked actively with different building organizations and developing effective structures, creating viable strategies and recruiting sure win management teams and even set up policies and rules both on the regional and national levels.
He is currently the chairman of the publicly listed company Waha Capital, a company known for its various investments in the business field. He is also the chairman of MENA Infrastructure Fuch which is known for its investments in infrastructures such as airports and ports, power and water. He also has a notable experience in the field of hospitality and managing hotels as he is one of the board members of the famous Rotana Hotels and Real Estate Investment.
For his previous notable positions, Al Nowais is also known for being the chairman of the Abu Dhabi Basic Industries or the ADBIC which s known for being a notable industrial conglomerate and a prime mover of the Industrial Diversification Policy of the Abu Dhabi government as it works in partnership with the General Holding Company and the SENAAT. Being the former chairman and board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation also helped his establish a name for himself as he was also the chairman of the Etihad Railway that links freight and passengers from various cities within the UAE. Al Nowais is also known for being a former Board Member of the Abu Dhabi Ports Company with a remarkable 4 Billion dollar investment in putting up the biggest industrial zone in the entire Abu Dhabi which is known as the Khalifa Industrial Zone Abu Dhabi or the KIZAD. He is also known as the most remarkable Vice Chairman of Abraaj Capital which is famous for being the biggest and private equity group in all of Middle East, North Africa and South East Asia or MENASA, with a remarkable seven billion dollars of investments in the market industry. Being an Advisory Board Member of KUSTAR or the Khalifa University for Science & Technology also helped him a lot in building his portfolio, as he was later on pronounced to be the most efficient Board Member of InvestBank.
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