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Our UAE Businessman Hussain al Nowais

When you will look for the richest business tycoons from all over the world then you will simply find many of them 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. Seven of these individuals are mentioned by Forbes in 2018, noted to be the wealthiest individual and families among the recorded 2,200 billionaires.

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.

Hussain Al Nowais is a native of Abu Dhabi, UAE and is one of those seven billionaires mentioned earlier. His education background is impressive in the sense that he graduated in Portland, France, and London.

A graduate of Business Administration in 1979, led to his unquestionable success. His self-made wealth is only an indication that he was a determined businessman.

Hussain Al Nowais started doing family business with only a handful of staff. At present, his employees have reached over 6,000 and it actually is still growing to this day, imagine that!

He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.

With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. All these led to what he have 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.

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

His investments enjoys long-standing partnerships with leading players in the industry.