The Success Story of UAE Businessman Hussain Al Nowais
Hussain Al Nowais is a global entrepreneur and also doubles as a business strategist. Hussain Al Nowais business niche cuts across hospitality, heavy industries, petrochemicals, reals estate, and investments.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. Hussain has seen both the good and bad times. He is currently the chairman and managing director of the Emirates Holdings. He began his trade earlier when his grandfather was a small scale supplier operating family chains of business. 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.
Beginning of career life
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 gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. 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.
His major success in Business
Hussain Al Nowais gained stability in the business world after he was awarded a tender to supply electric components to a government body. He has several companies under his name because he acquired several of them which were performing poorly and made them successful.During the recession time during the gulf war, he saw the need to fill the gap due to food shortage. It is at that time that he formulated the Federal Foods that boast of 500 staffs.
Hussain has three children, and he uses his free time to mentor them. he has a vision for children, and he wants them to succeed and offer different opportunities to other people. 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.
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. Hussain Al Nowais is also a board member of several other organizations and businesses.