What you need to know about UAE businessman Hussain Al Nowais
Hussain Al Nowais is one of the leading business leaders in UAE, Abu Dhabi. Hussain Al Nowais business niche cuts across hospitality, heavy industries, petrochemicals, reals estate, and investments. Coming from a humble background in Abu Dhabi, UAE, he attributes his success to his efforts and persistence.The article explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
Hussain Early life
Hussain completed his high schooling in Abu Dhabi and went to finish his studies in the United States. Hussain has seen both the good and bad times. He is currently the chairman and managing director of the Emirates Holdings. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies. Hussain Al Nowais used the strategy of being an agent in most of the companies which he could quickly climb the ladders to become a partner.
The Journey of his career
His professional career began in New York where he worked as a trainee to an investment bank. It is in the United States that his career jumpstarted working as a trainee in a bank. He could see several business opportunities when socializing with other students who came from other nationals such as Japan, Korea, and Italy. He graduated from the Lewis and Clark College in Portland Oregon in 1979 with a degree in Business Administration. He was able to overcome his competitors because he gained command of English which he could use to get the big contracts from the international companies.
Success story of Hussain
His breakthrough came when he was awarded a contract to supply the government department with electrical materials.He also turned the business of purchasing struggling companies and makes them profitable. Hussain Al Nowais had an urgent need to solve the food crisis in his hometown and that made home venture into the food industries. Federal Foods is a manufacturing company that has used efficiently IT to deliver most of its services.
Apart from his busy lifestyle, he is a father of three children. Although his kids are privileged, he desires to see them have a passion in life and come up with brilliant ideas in the business sector.Hussain Al Nowais is an avid reader who has a library in his house. Being a world traveler and family man, he spends his holiday times flying around together with his family.
Hussain Al Nowais has several companies that he leads as the chairman including the Al Nowais Investment LLC, Danway Engineering, Eircom, Addax Bank B. S. C, National Petroleum Constructions and General Holding Corporation. Some of the businesses that he directs include the Rotana Hotel Management Corporation Limited, Spinneys Limited among others. He also acts a board member in a long list of companies.