A Quick History of Businesses

The UAE Businessman Tycoon Hussain al Nowais

The latest data that was gathered specifically from Dubai mentions that the richest business tycoons around the globe are from the United Arab Emirates.

To note, seven businessmen born and raised from UAE hold the record being the richest billionaires in the whole world that are running huge businesses in hospitals, high rise buildings, banks and mega shopping malls.

It’s no wonder then that business people from UAE are more successful and shows more profit compared to 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.

Nonetheless, those that are in line with banking investments, automobiles and other industries have a decline in profit compared to those that ventured in health care, money exchange, and property.

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. An international graduate notably in Portland, he excels in his career, adding his additional studies in France and London.

A graduate of Business Administration in 1979, led to his unquestionable success. Being business minded, his determination surpassed that his self-made wealth says it all.

Being given the chance to manage his family business way back then, Hussain Al Nowais only have a very few employees. At present, his employees have reached over 6,000 and it actually is still growing to this day, imagine that!

He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.

His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. All these led to what he have now.

Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.

He is connected to 12 Board Members in 12 organizations across 11 different industries. Hussain Al Nowais have invested in industries like Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication, and Technology.

Thus he remained successful in making wealth and profit since most of the industries he had invested in are gearing to grow and expand and Hussain Al Nowais is still in the game in doing business grow all these years.

One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.