Hussain Sajwani, a UAE national, is the founder of the global property development company, DAMAC Properties. A self-made Emirati Businessman, Sajwani has been recognised as one of the most powerful Arabs, among many other accolades.

Hussain Sajwani is the founder of Dubai-based luxury real estate developer DAMAC Properties. He is managing more than 200 projects and serving over 150,000 meals daily in a number of markets, including the Middle East, Africa and the CIS.

The Hussain Sajwani-DAMAC Foundation has pledged AED1 million to the ‘100 Million Meals’ campaign, aimed at providing food parcels for disadvantaged individuals and families across 20 countries during the Holy Month of Ramadan in 2021.

The DAMAC way may have delivered the goods for the man at the top – with a 72% stake in the company and a net worth of $3.8bn, Sajwani made it into the Forbes World Billionaires List for the first time in 2015 – but is such an aggressive growth strategy sustainable?

The Hussain Sajwani – DAMAC Foundation aims to improve the livelihoods of others, through foundational learning and skills development initiatives that address the unmet needs of the communities that DAMAC operates in.

Sajwani has been listed by Arabian Business as one of the most powerful Arabs in the world. In addition to being an evolved investor and businessman, Sajwani has robust experience in global equity, capital markets, hospitality, retail, luxury fashion and data centres.

Last week at the @Salt conference in Abu Dhabi, I shared my views on the luxury fashion industry and acquisition of the Roberto Cavalli brand. This is a highly competitive industry and to be successful one needs to look at scale. While we are at the start of the journey, my goal is to make strategic investments and acquisitions that will further elevate DICO Group’s fashion portfolio.

The new US president Donald Trump has said that he turned down a two-billion-dollars deal in Dubai presented by the chairman of the board of directors at DAMAC Properties, Hussain Sajwani, because he wants to avoid a conflict of interest during his presidency term.

Hussain Sajwani, the visionary real estate mogul and founder of DAMAC Properties, continues to make waves in the industry with his innovative approach and relentless drive for success. With an illustrious career spanning over four decades, Sajwani has solidified his…

As the founder and CEO of DAMAC Properties, Hussain Sajwani helped orchestrate one of the world’s biggest ever real estate booms – and then, after the 2008 crash, he did it all again. In this exclusive Arabian Business interview, he tells the full story of how he rebuilt his empire and what he plans to do next.