The UAE Businessman Tycoon 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.
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 true then that, many of them are business oriented that surpasses expectations that lead to their success compared to those that are from other countries. In fact, as confirmed by Forbes’ in 2018, among the list of 2,200 billionaires around the world the wealthiest individual and families are from UAE.
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. 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 managed his family business at first with only a few 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. It had made him as to what he is now.
Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.
Connected to 12 Board Members, in 12 organizations in 11 different industries all over 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.
Thus he remained successful in making wealth and profit since most of the industries he had invested in are gearing to grow and expand and Hussain Al Nowais is still in the game in doing business grow all these years.
His investments enjoys long-standing partnerships with leading players in the industry.