Hussain Sajwani founded DAMAC Group which is a real estate development firm headquartered in Dubai, United Arab Emirate. He leads this company as both its chairman and chief executive officer. He says he grew up in a conservative and humble family and he wanted to grow up to own his own company like his father did. However, he didn’t want to join his father’s shop as he wanted to start an even larger company on his own.
When DAMAC Group was started in 2002 it was a pioneer in building housing for foreigners. Before that year foreigners could visit the UAE but they were forbidden from owning real estate. When this was changed by government decree Hussain Sajwani jumped in with both feet and started building luxury development. His company is now quite large and is listed on the London Stock Exchange.
Five years ago Hussain Sajwani and DAMAC Group partnered with Donald Trump. Under their agreement, DAMAC Group builds large property developments and Donald Trump’s organization manages their attached luxury golf courses. One of these courses opened in 2017 with the next one slated to be open by the end of 2018. This latter one was designed by golfing legend Tiger Woods so it will be an exceptional course when completed.
Hussain Sajwani recently expanded DAMAC Group into hospitality. His company now offers catering services to hotel guests across the Middle East. They also offer this service to those who live in apartments whether they are renting or owning it. Additionally, he has branched into insurance starting in Bahrain and he expects to expand that side of his business before too long.
Growing up Hussain Sajwani was taught to give back to the community. He gives philanthropically to many charities, in particular those that are focused on children. One time he provided enough money to clothe 50,000 children, for instance. This was a worldwide effort he took part in which was inspired by the ruler of the United Arab Emirates. He also supports educational causes as he knows that it is through education that people find better opportunities in their life.
Learn more about Hussain Sajwani here
Among the unsung heroes of the Canadian corporate sector is one Gregory Aziz. Greg Aziz is the CEO of National Steel Car. He is an economist with a degree in economics from the University of Western Ontario. Earlier in life, he had attended the Ridley College. Greg was born in Ontario and has been part of the community for a long time now especially since he took over the management of the National steel car which is based in Hamilton.
Greg Aziz graduated in 1971 from Western Ontario University and immediately started working in a food company associated with his family. He worked for the food business company for over 16 years leaving behind an impeccable track record of performance. He found the food company at a beginner’s stage and made it the largest importer and supplier of fresh foods in Canada and parts of the United States. The food company was called Affiliated Foods. Most of its imports were coming from Europe and parts of South America. Greg Aziz’s birthday is on 30, April. He was born in 1949.
Besides working for Affiliated Foods, Greg Aziz was also in other businesses related to his economics studies such as the investment banks. In fact, after he left National Steel Car, he went to New York where he was working with investment banks. While working here, Aziz found the opportunity to acquire National steel car from Dofasco. It is one of the best decisions he has ever made. The investment opportunity was worth it. It was the best thing that he could have asked for regarding business investment. National steel car was a company that he was ready to work on and make it great.
National steel car is a company that has been operating for over one hundred years. It is an engineering factory with a rich history of providing good quality products. It deals with engineering and production of railroad freight cars. National steel car was initiated in 1912 by the National Industries Inc. It was later privatized and went ahead with its manufacturing activities. It has faced all manner of challenges in the industry and conquered. Many companies started at the same time have already died from inability to keep up with competition as well as the high demand for quality that is needed in the market. Refer to This Article to learn more.
National steel car of Gregory Aziz is no longer the business of the past. It is a vibrant business that can now handle large-scale production requirements.