May 10

The Beginner’s Guide to Businesses

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.

It was noted that among these richest people, seven of them are locally UAE grown businessmen who are great stakeholders of 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.

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.

One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. An international graduate notably in Portland, he excels in his career, adding his additional studies in France and London.

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.

Hussain Al Nowais started doing family business with only a handful of staff. On the record today, he now has over 6,000 employees and still growing to this date, which is inspiring.

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. All these led to what he have 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

Therefore it is not a surprise that having these investments by Hussain Al Nowais still remains to be at an advantage in business.

One quality trait that his investments portray is the long-standing partnerships with leading players in the industry.