The UAE Businessman Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
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’s no wonder then that business people from UAE are more successful and shows more profit compared to other countries. Seven of these individuals are mentioned by Forbes in 2018, noted to be the wealthiest individual and families among the recorded 2,200 billionaires.
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.
A graduate of Business Administration in 1979, led to his unquestionable success. He was a determined person and had grown to be a very successful businessman in his self-made wealth.
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.
He mentioned once before that like many others, he had faced problems where he thought cannot be solved or surpassed but is determined to succeed he converted these problems into an opportunity to grow.
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.
Several companies in Abu Dhabi like Hussain Al Nowais admire him being either the chairman, director or co-chairman. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.
He is connected to 12 Board Members in 12 organizations across 11 different industries. 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 quality trait that his investments portray is the long-standing partnerships with leading players in the industry.