Hussain Sajwani’s Philanthropy and Plans to do More Business with the Trumps

During his new year’s eve speech, President Trump made a mention of the Dubai billionaire Hussain Sajwani. Trump thanked Hussain for the excellent business relationship they have enjoyed and regretted the fact that he would be turning down some very lucrative property that the billionaire had offered. Everyone present at the dinner wanted to know about the Emirati Billionaire and his exact connection with Donald Trump.

 

Hussain Sajwani is the founder and owner of the DAMAC Group, a multi-billion business empire which deals with luxury real estate investment among other industries. Sajwani is worth over $4billion. A subsidiary of his company, Damac Properties was in charge of the tournament grade golf club, the Trump International Golf Club, which they completed earlier this year.

 

Hussain Sajwani was born in 1956 in the United Arab Emirates. He studied Arts and Science at the University of Washington before heading back home to start off his career. He had worked in several companies before he decided to start the Damac Group, an experience which molded him into the great business leader that he is right now. He is number 501 on Forbes billionaires 2017 list. Hussain is married and has four children.

 

Besides working with ranking billionaires such as Donald Trump, the Hussain Sajwani family is also deeply committed to philanthropy. One of the charities that he has been supporting is the Dubai Compassion Campaign. In 2015, he contributed $273,000 to the charity, which helps thousands of refugees in Jordan and Lebanon. He believes that it the responsibility of the more affluent members of the society to help refugees, prisoners of war and anyone else who might be in need of assistance. Hussain has always assisted the UAE Government and the red crescent in various charities. These include a donation of more than half a million dollars to the UAE clothe a child campaign and another half a million to the autism center and the water aid program.

 

Hussain has made all of his wealth through real estate development. Despite the fact that Donald Trump declined an offer to buy a property from him, Damac owner, Hussain is looking forward to more business deals with Trump’s sons, who are in charge of his estate for now.

 

 

Hussain Sajwani of DamacGroup Leads in Commercial and Residential Property Development

For a successful business, product position is a key element to consider. Product position determines the direction that a company takes including how to plan of customers. Product position also helps a business in exploiting market opportunities while exploring available market niche. With proper and strategic product position come strong brands in the market. Another key factor to consider in business is entrepreneurial networks. Some brands in marketing have succeeded because of proper entrepreneurial networks. With extensive and good entrepreneurial networks, comes a well-established business. One such brand that has utilized these strategies is DamacGroup of Hussain Sajwani family. The Dubai-based property development company has extensively extended its operations across the world through proper product position and robust entrepreneurial networks thanks to Hussain Sajwani Damac owner.

 

Leadership

 

DamacGroup is a renowned property developer in Dubai. The company was established in 2002 by Hussain Sajwani. The business has emerged to be a growing enterprise of stature. With a strong foundation, DamacGroup has become the greatest pace setter for property developers and real estate managers in the United Arab Emirates. With a huge employee base of approximately 2,000, DamacGroup not only offers luxurious property but also, creates employment for the people of Dubai. Under the leadership of Hussain Sajwani, the chief executive officer has the company become a primary property provider of luxurious commercial and residential building.

 

Contribution

 

One such property is the Donald Trump-branded golf course that was initiated by Hussain Sajwani and designed by the renowned golf professional Tiger Woods. Through the golf course project, Hussain received public recognition from President Donald Trump. This is an excellent example of developing entrepreneurial networks for business. This is also a great indication of growth in stature. Hussain also stated that he is inclined towards listing DamacGroup in the list of London Stock Exchange. This is a step forward towards signing up for partnerships with the European countries. Through the subsidiaries of the company, Hussain Sajwani is growing business across the world. Not only is Hussain a business man but also a philanthropist. The owner of DamacGroup has been a significant donor towards charity.