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 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. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.
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.
Graduated Business Administration in 1979 made way to his contributing success today. Being business minded, his determination surpassed that his self-made wealth says it all.
Hussain Al Nowais started doing family business with only a handful of staff. Now he had already over 6,000 employees and is still counting to this date.
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.
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. Hussain Al Nowais investments now covers 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 quality trait that his investments portray is the long-standing partnerships with leading players in the industry.
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