The UAE Businessman Tycoon Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
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’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.
One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. His education background is impressive in the sense that he graduated in Portland, France, and London.
A graduate of Business Administration in 1979, led to his unquestionable success. His self-made wealth is only an indication that he was a determined businessman.
Being given the chance to manage his family business way back then, Hussain Al Nowais only have a very few employees. On the record today, he now has over 6,000 employees and still growing to this date, which is inspiring.
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.
His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. This brought to where he is now.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.
Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Hussain Al Nowais investments now covers Oil and Gas Petrochemicals,Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology.
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.
His investments enjoys long-standing partnerships with leading players in the industry.