The founder of the famous DAMAC Properties is known as Hussain Sajwani. He is a well-known figure in the Middle Eastern World. The reason behind his popularity is his skill and knowledge in real estate business. DAMAC Properties also deals in real estate and is one of the biggest the Middle East.
This company named DAMAC Properties is considered as one of the fastest growing and successful companies in the world right now. The company started its operation back in 2002. It went public on both British Stock Exchange and the Dubai Stock Exchange as well. Hussain Sajwani is the man behind this successful company. He is a perfect living example of the phrase “Business Tycoon.” He certainly is a giant in the real estate industry.
Hussain Sajwani has a lot of contacts in the business world. He is friends with big-name celebrities and personalities. One of such big names is the current President of the United States of America, Donald Trump.
President Donald Trump was also a businessman, just like Mr. Sajwani, before becoming the President of one of the strongest nations in the world. Mr. Sajwani however, has cleared that although he has many similarities with President Trump and is friends with him as well, he will never mix his business with politics.
He gave this clarification after a statement that got viral. In that statement, Mr. Sajwani supported trades sanctions with China. He was reported saying that China has basically destroyed the idea behind “free trade” with its new foreign policies. He gave this statement about trading and people started comparing him with President Donald Trump.
The company, DAMAC faced some difficult times recently. They were not able to make profits as they do every year in the past. However, Mr. Sajwani did not make a big deal out of it. He believes that profit and loss are part of the business and one has to live it. A business can’t always give you profits. You will at times, face losses as well. The key to having good business is to stay strong in such times as well.