The UAE Businessman Tycoon 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 is then a fact that businessmen from UAE are more inclined to generate more profit and gain more asset in business compared to many other countries. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.
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.
Born and raised as well in Abu Dhabi, UAE, Hussain Al Nowais is one of the mentioned successful billionaires that made a record in the business industry. 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.
Hussain Al Nowais managed his family business at first with only a few 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.
He have achieved much in 30 years in banking, finance, investments and project developments and these assets are his card to his success. This brought to where 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
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.
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