Hussain Sajwani was born in 1956 in the United Arab Emirates. He founded his company, DAMAC Group, in 1982 and has grown it into a company that is involved in high-end property development, catering, investing, and a bespoke service. He is also a graduate of the University of Washington where he earned degrees in 1981 in both Industrial Engineering and Economics.
With DAMAC Group, Hussain Sajwani started his business as a catering company. It quickly grew and today it serves more than 150,000 meals a day in 200 projects around Africa, the CIS countries, and the Middle East.
Sajwani has signed food servicing contracting agreements with onshore and offshore drilling sites, five-star hotels, major construction sites, and educational facilities. DAMAC Group was one of the few catering companies used by the United States during the first gulf war which resulted in him earning a plaque thanking him for his sterling service to the soldiers that were based in the region.
DAMAC Properties, founded in 2002, builds luxury real estate projects in Dubai and the rest of the Middle East. One of these properties is situated just outside of Dubai. It features luxury villas and apartments along with high-end retail space as well as bars and clubs. Read more: DAMAC Chairman Relishes His Roots | The National
At the heart of the development lies Trump International Golf Club which is an 18-hole course that was designed by Gil Hanse who is an American golf course designer. The development was the result of a partnership between Hussain Sajwani and Donald Trump. The property is called Akoya and it has already sold more than $2 billion in residences.
As a subsidiary of DAMAC Properties, Hussain Sajwani also launched DAMAC Maison. This is a bespoke service which has rapidly expanded to servicing 15,000 hotel rooms and apartments throughout Dubai and other large cities in the Middle East. Learn more about DAMAC owner: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board
Another part of DAMAC Group is DICO Investments which has over AED 3 billion in assets under management. It is invested in four key ways; strategic holdings, fast-growing banks, corporate bonds, and growth industry subsidiaries. All of this activity has made Hussain Sajwani one of the richest individuals in Dubai.