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What you need to know about 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. Hussain Al Nowais business niche cuts across hospitality, heavy industries, petrochemicals, reals estate, and investments. He is a self-made business who was born and raised in Abu Dhabi, UAE. The article highlights the success and life of Hussain Al Nowais.
The Background of Hussain
Hussain Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. The success story of Hussain is a unique one since during his first years, his family was forced to live in the desert. He is known for his position as a chairman of the Emirates Holding. He traces his roots of entrepreneurship back when his grandfather was a small scale trader. Hussain Al Nowais used the strategy of being an agent in most of the companies which he could quickly climb the ladders to become a partner.
He worked as a trainee in one of the investment banks in New York. He gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. He was able to overcome his competitors because he gained command of English which he could use to get the big contracts from the international companies.
Success story of Hussain
His breakthrough came when he was awarded a contract to supply the government department with electrical materials.He also turned the business of purchasing struggling companies and makes them profitable. During the recession time during the gulf war, he saw the need to fill the gap due to food shortage. He practiced his management skills by creating the Federal food and applied technology to ensure that his services reached a vast number of people.
Hussain has three children, and he uses his free time to mentor them. he has a vision for children, and he wants them to succeed and offer different opportunities to other people. Al Nowais can be found in his home library sampling most books. He enjoys most of his time with his family and loves to travel.
Among the companies that Hussain chairs include the Al Nowais Investment LLC, Danway Engineering, Eircom, Addax Bank B. S. C, National Petroleum Constructions and Abu Dhabi essential industry corporations. He is a director of various companies such as the MENA infrastructure funds and Rotana Hotel Management Corporation Limited. He also acts a board member in a long list of companies.