What you need to know about UAE businessman Hussain Al Nowais
Hussain Al Nowais is a name to reckon with when it comes to international business and strategies in UAE business industry. He has worked in various nations and has interests in banking, investments, heavy industries, petrochemicals, real estate, hospitality, and energy among others. He was raised in Abu Dhabi, UAE where he gained his business skills. The article explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
The Background of Hussain
Hussain completed his high schooling in Abu Dhabi and went to finish his studies in the United States. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. His status as a chairman in Emirates holdings contributed to his international limelight. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies.During his earlier years, he worked as an agent, and after some time, he could rise to become a partner.
The Journey of his career
He worked as a trainee in one of the investment banks in New York. While studying in the US, he interacted with people from different nationalities helping to create business perceptions about them. It is through studying in the United States that he developed a passion for business and took advantage of the business gaps.
His major success in Business
One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. During the recession time during the gulf war, he saw the need to fill the gap due to food shortage. 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. He enjoys most of his time with his family and loves to travel.
Among the companies that Hussain chairs include the Al Nowais Investment LLC, Danway Engineering, Eircom, Addax Bank B. S. C, National Petroleum Constructions and Abu Dhabi essential industry corporations. He is a director of various companies such as the MENA infrastructure funds and Rotana Hotel Management Corporation Limited.He is a board member of several other groups.