The Journey Of The UAE Chairman
Hussain al Nowais was schooled in Qatar after leaving the hardships of Abu Dhabi. When His Highness Sheikh Zayed bin Sultan Al Nahyan took over power, he moved back there together with his family. During this time, other families also returned to Abu Dhabi.
He completed his high school education while in Abu Dhabi. After this, he went to the US to study Business Administration. On completion of his studies in the US, Hussain al Nowais joined the family business. The family business started as a trading organization and it was started by Hussain al Nowais’ grandfather.
The family business was able to grow in manufacturing and distribution through his contribution. Hussain al Nowais worked in companies as an agent and later started partnering with them. Hussain al Nowais got a huge opportunity after getting a contract to supply electrical equipment to one of the government departments.
Hussain al Nowais became a skilled businessman and started focusing on the acquisition of companies. Under his management the failing companies were able to make a profit and grow. Through restructuring the food businesses that he acquired, they started making profits. Recession-proof industries such as the food business is what attracted him to do acquisition in the food businesses.
Hussain al Nowais was able to turn the failing businesses into successful businesses by putting in place a qualified management team and setting up the infrastructure of the business. He also improved the IT systems of the businesses and this contributed to the success of the businesses. Hard work and new ideas also contributed to the success the failing businesses.
It also took a lot of dedication and commitment to see results on the businesses that they were working on. Hussain al Nowais experienced growth in the food business and was able to establish a manufacturing food company. He made several proposals on the improvement of UAE business practices when it came to investment opportunities in trading.
He’s a man who likes the challenge of growing companies. Due to the interactions with different nationalities as he works in the UAE he’s able to appreciate culture better. Hussain al Nowais enjoys family time and he does this when he has time off work.
He also likes to read a lot and has a huge library in his house. When he can, he is likes to travel and relax. What Hussain al Nowais would like to pass on to his children is that they should always keep growin in what they do.