Hussain Sajwani, is one of the best Arabic businessmen in the world. Hussain Sajwani’s business portfolio is filled with impressive companies that have become incredibly successful. Here is a breakdown of all of the businesses that Sajwani is affiliated with.
Hussain Sajwani is currently the DAMAC owner, and is the majority shareholder for DAMAC Properties. He is also the founder of the company, and created it in the year 2002. In the past 16 years, Sajwani has helped DAMAC Properties to become one of the world’s preeminent luxury property developers. DAMAC properties has constructed high-end, beautiful buildings many areas throughout the Middle East, the UK, and the GCC. DAMAC has become well-known for breathtaking designs and high quality living spaces. DAMAC Properties is arguably the most important company that Sajwani has ever been a part of.
Nine Elms Property Limited
This company is a subsidiary of DAMAC Properties Dubai Co PJSC and DAMAC International Company Limited. DAMAC Properties Dubai Co PJSC owns 20 percent of Nine Elms and DAMAC International Company Limited owns 80 percent. Because the DAMAC International Company Limited is owned by Hussain Sajwani, he plays a key role in the running of Nine Elms Property Limited. Nine Elms Property Limited is growing very steadily and is developing beautiful buildings in England. The AKYON London One is a perfect example of the elegant, luxurious, and sophisticated buildings that Nine Elms Property Limited has in its portfolio.
Mina Al Sultan Qaboos
Through his DAMAC International Company Limited, Hussain Sajwani partnered with Omran, and the Oman Government’s tourism promotion arm, to create the Mina Al Sultan Qaboos. The Mina Al Sultan Qaboos is a tourist port and lifestyle destination. Because Sajwani is the DAMAC owner, he will also have a large ownership share of the Mina Al Sultan Qaboos. This port will have hotels, residences, retail stores, restaurants, and other attractions. $1 billion dollars will be spent developing this port and when it is done, it will be a very exciting place.
Akyon Maldives Resort
Sajwani owns this spectacular property through his company, DAMAC International Company Limited. This resort is not finished yet, but when it’s done, it will be one of the finest in the entire world. It is located in the picturesque Maldives. The land that the resort is set on is a reclaimed island. When the resort is done, it will have 100 luxury suites. There will also be bungalows and water villas for guests to enjoy. It will be the ultimate luxury vacation spot, boasting both incredible views and incredible amenities.
DICO Investments is Hussain Sajwani’s primary investment company. This company has been in existence for 26 years, and was founded in 1992. DICO Investments include strategic holdings, debt instruments issued by regional companies and banks, ownership of subsidiaries in growth industries, and long-term investments in fast-growing banks. The company has roughly 3 billion AEDs’ worth of investments under management. This business is another key aspect of Hussain Sajwani’s overall business portfolio.
Al Anwar Ceramic Tiles Co
The Al Anwar Ceramic Tiles Co is the single largest ceramic tile manufacturing company in Oman. In addition to being the DAMAC owner, and playing significant roles in all of the other companies listed in this article, Hussain Sajwani is the Chairman of the Al Anwar Ceramic Tiles Co SOAG. This company was founded in 1998 and uses local raw materials to make high quality tiles for construction.
Al Amana Building Material
This is another company that produces building materials. However, it does not specifically focus on tiles. Instead, it offers a wide range of building materials. These building materials are used for floors, surface finishes, and bathrooms Hussain Sajwani is a majority shareholder in this company. This company helps local parties to access some of the best building materials in the entire world.
Al Jazeira Services Company SAOG
The Al Jazeira Services Company SAOG is a very large and successful catering business. This company provides exceptional catering services to clients in many different nations. Hussain Sajwani is a majority shareholder in this company. The Al Jazeira Services Company SAOG was founded in 1997. It is a joint stock company. The company is listed on the Muscat Securities Market and has a diverse collection of shareholders including pension funds, prominent Omani and GCC individuals, and major trading houses.
For more on Hussain Sajwani, read this recent press release: https://arabic.arabianbusiness.com/special-reports/376577/22