The UAE Businessman Tycoon Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
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 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. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.
Even then those that are in business about health care, money exchange, and property have continued to prosper and gain, but those that ventured in banking investments, automobiles and other industries showed a challenge by a notable decrease in profit.
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. He had studied internationally that somehow contributes to his excellence in business.
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.
He mentioned once before that like many others, he had faced problems where he thought cannot be solved or surpassed but is determined to succeed he converted these problems into an opportunity to grow.
His achievement for 30 years in banking, finance, investments and project developments just shows his enthusiasm that led to his great achievement. This brought to where he is now.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Those that which he is handling are Senaat, one of UAE’s largest industrial holding companies; Al Nowais Investments where he is now the Executive Chairman, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are a few to mention.
He is connected to 12 Board Members in 12 organizations across 11 different industries. Hussain Al Nowais have invested in industries like Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication, and Technology.
Therefore it is not a surprise that having these investments by Hussain Al Nowais still remains to be at an advantage in business.
One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.