The UAE Businessman Tycoon Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
To note, seven businessmen born and raised from UAE hold the record being the richest billionaires in the whole world that are running huge businesses in hospitals, high rise buildings, banks and mega shopping malls.
It is then a fact that businessmen from UAE are more inclined to generate more profit and gain more asset in business compared to many other countries. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.
Nonetheless, those that are in line with banking investments, automobiles and other industries have a decline in profit compared to those that ventured in health care, money exchange, and property.
One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. His education background is impressive in the sense that he graduated in Portland, France, and London.
Graduated Business Administration in 1979 made way to his contributing success today. Being business minded, his determination surpassed that his self-made wealth says it all.
Being given the chance to manage his family business way back then, Hussain Al Nowais only have a very few employees. Now he had already over 6,000 employees and is still counting to this date.
He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.
He have achieved much in 30 years in banking, finance, investments and project developments and these assets are his card to his success. This brought to where he is now.
Several companies in Abu Dhabi like Hussain Al Nowais admire him being either the chairman, director or co-chairman. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.
Now with 12 Board Members in connection with 12 organizations in 11 different industries across the globe. Hussain Al Nowais have invested in industries like Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication, and Technology.
Therefore it is not a surprise that having these investments by Hussain Al Nowais still remains to be at an advantage in business.
One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.