The Success Story of UAE Businessman Hussain Al Nowais
Hussain Al Nowais is a name to reckon with when it comes to international business and strategies in UAE business industry. He has worked in various nations and has interests in banking, investments, heavy industries, petrochemicals, real estate, hospitality, and energy among others. He was raised in Abu Dhabi, UAE where he gained his business skills. The article explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
Hussain Early life
Hussain completed his high schooling in Abu Dhabi and went to finish his studies in the United States. The success story of Hussain is a unique one since during his first years, his family was forced to live in the desert. His status as a chairman in Emirates holdings contributed to his international limelight. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies.During his earlier years, he worked as an agent, and after some time, he could rise to become a partner.
The Journey of his career
He worked as a trainee in one of the investment banks in New York. He could see several business opportunities when socializing with other students who came from other nationals such as Japan, Korea, and Italy. He graduated from the Lewis and Clark College in Portland Oregon in 1979 with a degree in Business Administration. It is through studying in the United States that he developed a passion for business and took advantage of the business gaps.
His major success in Business
One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. He has several companies under his name because he acquired several of them which were performing poorly and made them successful. His ability to offer solutions to his country saw him establish a food company during the recession period in UAE. The idea led to the formation of Federal Foods Services that offers solutions to millions of the citizens.
Hussain has three children, and he uses his free time to mentor them. Although his kids are privileged, he desires to see them have a passion in life and come up with brilliant ideas in the business sector.Hussain Al Nowais is an avid reader who has a library in his house. Being a world traveler and family man, he spends his holiday times flying around together with his family.
Hussain Al Nowais has several companies that he leads as the chairman including the Al Nowais Investment LLC, Danway Engineering, Eircom, Addax Bank B. S. C, National Petroleum Constructions and General Holding Corporation. He is a director of various companies such as the MENA infrastructure funds and Rotana Hotel Management Corporation Limited.He is a board member of several other groups.
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