Our 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.
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 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. In fact, as confirmed by Forbes’ in 2018, among the list of 2,200 billionaires around the world the wealthiest individual and families are from UAE.
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. 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. His self-made wealth is only an indication that he was a determined businessman.
Hussain Al Nowais started doing family business with only a handful of staff. At present, his employees have reached over 6,000 and it actually is still growing to this day, imagine that!
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.
His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. It had made him as to what he is now.
Several companies in Abu Dhabi like Hussain Al Nowais admire him being either the chairman, director or co-chairman. 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 investments now covers Oil and Gas Petrochemicals,Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology.
Therefore it is not a surprise that having these investments by Hussain Al Nowais still remains to be at an advantage in business.
One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.