The UAE Businessman Tycoon Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
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 true then that, many of them are business oriented that surpasses expectations that lead to their success compared to those that are from 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.
However, as of late those businesses in healthcare, money exchange, and property increased in wealth, and those in the investments in banking automobiles and other industries, on the other hand, shows a decline in fortune.
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. 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. Now he had already over 6,000 employees and is still counting to this date.
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. It had made him as to what he is now.
Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.
Now with 12 Board Members in connection with 12 organizations in 11 different industries across 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
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.
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