Our UAE Businessman Hussain al Nowais
The latest data that was gathered specifically from Dubai mentions that the richest business tycoons around the globe are from the United Arab Emirates.
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.
Even then those that are in business about health care, money exchange, and property have continued to prosper and gain, but those that ventured in banking investments, automobiles and other industries showed a challenge by a notable decrease in profit.
Hussain Al Nowais is a native of Abu Dhabi, UAE and is one of those seven billionaires mentioned earlier. He had studied internationally that somehow contributes to his excellence in business.
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.
Being given the chance to manage his family business way back then, Hussain Al Nowais only have a very few employees. Now he had already over 6,000 employees and is still counting to this date.
He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.
He have achieved much in 30 years in banking, finance, investments and project developments and these assets are his card to his success. It had made him as to what he is now.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.
Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology are of late the investments of Hussain Al Nowais
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.