Hussain Sajwani is the founder of DAMAC Properties, a real-estate ownership company operating from within the Middle East. The company is probably one of the, if not the, most successful businesses operating from the Middle East. DAMAC Properties was founded in 2002, and it has since been added to both the Dubai Stock Exchange as well as the British Stock Exchange. As the founder of such a large and successful business, Hussain Sajwani is your picturesque definition of a business tycoon.
Hussain Sajwani has many friends in the business; the most well-known of them would, of course, be the President of the United States, Donald Trump. However, before Donald Trump was the president of the strongest nation in the world, he was as is Hussain Sajwani, a businessman. As such, Hussain Sajwani has made it evident that although he relates to Donald Trump from the point of being in business with him through DAMAC Properties, he has absolutely no interest in mingling politics with business. This comes after criticism following his statement in support of the United States trade sanctions on China. Hussain Sajwani remarked that China has essentially obliterated the concept of ‘free’ trade with its current policies.
Recently, DAMAC properties had to face a major setback when its yearly revenue didn’t pan out as much as it had in the previous years. Nevertheless, Hussain Sajwani has refused to actually consider it as a setback. He believes that this is just an integral part of the business world that is the entire essence of business is its cyclic course. You can’t always expect to be on top just as you can’t always expect to stay at the bottom. What matters to Hussain Sajwani and what is in the best interest of DAMAC Properties is to focus more on the betterment of its foundation and dealings, rather than sit and sulk.
Hussain Sajwani doesn’t speak without experience, he’s been in this trade for much of his professional life, and he’s faced many more setbacks. So, he knows that these aren’t permanent.