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.
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 is true then that, many of them are business oriented that surpasses expectations that lead to their success compared to those that are from 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.
Graduated Business Administration in 1979 made way to his contributing success today. 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. 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. This brought to where he is now.
Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.
Now with 12 Board Members in connection with 12 organizations in 11 different industries across 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 quality trait that his investments portray is the long-standing partnerships with leading players in the industry.