The UAE Businessman 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.
Seven at least that are UAE homegrown businessmen and conglomerates that own huge assets of major establishments like hospitals, high rise buildings, banks and mega shopping malls are among these mentioned.
It is true then that, many of them are business oriented that surpasses expectations that lead to their success compared to those that are from other countries. Seven of these individuals are mentioned by Forbes in 2018, noted to be the wealthiest individual and families among the recorded 2,200 billionaires.
However, as of late those businesses in healthcare, money exchange, and property increased in wealth, and those in the investments in banking automobiles and other industries, on the other hand, shows a decline in fortune.
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. He had studied internationally that somehow contributes to his excellence in business.
Not surprising that he is very good in business since he graduated with a degree in Business Administration in 1979. Being business minded, his determination surpassed that his self-made wealth says it all.
Hussain Al Nowais managed his family business at first with only a few staff. Now he had already over 6,000 employees and is still counting to this date.
He mentioned once before that like many others, he had faced problems where he thought cannot be solved or surpassed but is determined to succeed he converted these problems into an opportunity to grow.
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.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Those that which he is handling are Senaat, one of UAE’s largest industrial holding companies; Al Nowais Investments where he is now the Executive Chairman, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are a few to mention.
Now with 12 Board Members in connection with 12 organizations in 11 different industries across the globe. 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
Hence, it is no wonder that Hussain Al Nowais profits and wealth increase because his investments covers almost everything of necessity and importance to people.
One quality trait that his investments portray is the long-standing partnerships with leading players in the industry.
Cite: official website