The Success Story of UAE Businessman Hussain Al Nowais
Hussain Al Nowais is a global entrepreneur and also doubles as a business strategist. He has worked in various nations and has interests in banking, investments, heavy industries, petrochemicals, real estate, hospitality, and energy among others. He is a self-made business who was born and raised in Abu Dhabi, UAE. The article explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
Hussain Early Beginning
Hussain Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. The success story of Hussain is a unique one since during his first years, his family was forced to live in the desert. 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. 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.
Breakthrough in His career
Hussain Al Nowais gained stability in the business world after he was awarded a tender to supply electric components to a government body. He also turned the business of purchasing struggling companies and makes them profitable. 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.
Hussain Al Nowais is a father of three kids and it his desire to see them succeed. 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. Al Nowais can be found in his home library sampling most books. He enjoys most of his time with his family and loves to travel.
He is the chairman of Al Nowais Investments LLC, Federal Foods, Dan way Engineering, Eircom, Addax Bank B.S. C, National Petroleum Construction and Waha Capital PJSC. Hussain is the leading managing director of enterprises such as Rotana Hotel Management Corporation Limited ad MENA Infrastructure Fund GP Limited. He is a board member of several other groups.