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’s no wonder then that business people from UAE are more successful and shows more profit compared to 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.
However, as of late those businesses in healthcare, money exchange, and property increased in wealth, and those in the investments in banking automobiles and other industries, on the other hand, shows a decline in fortune.
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.
Not surprising that he is very good in business since he graduated with a degree in Business Administration in 1979. His self-made wealth is only an indication that he was a determined businessman.
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.
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.
With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. This brought to where 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. 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
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.
One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.