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May 10

The Essential Laws of Companies Explained

Our UAE Businessman 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.

It was noted that among these richest people, seven of them are locally UAE grown businessmen who are great stakeholders of hospitals, high rise buildings, banks and mega shopping malls.

It is then a fact that businessmen from UAE are more inclined to generate more profit and gain more asset in business compared to many 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.

Even then those that are in business about health care, money exchange, and property have continued to prosper and gain, but those that ventured in banking investments, automobiles and other industries showed a challenge by a notable decrease in profit.

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.

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.

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!

Facing challenges, where he thought he can’t get over with, are not new to him as he experiences this like many others but he made sure that he is not disheartened and used these challenges to give him room for greater growth.

With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. All these led to what he have now.

Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.

Connected to 12 Board Members, in 12 organizations in 11 different industries all over 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

Therefore it is not a surprise that having these investments by Hussain Al Nowais still remains to be at an advantage in business.

His investments enjoys long-standing partnerships with leading players in the industry.

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