The Founder and Chairman of DAMAC Properties, Hussain Sajwani, attended the University of Washington were he garnered degrees in Economics and Industrial Engineering. His entrepreneurial career began in 1982, when, after spending two years working in the financial department at Abu Dhabi Gas Industries, he created a catering company that would go on to become Global Logistics Services. Today, Global Logistics Services delivers over $150,000 meals each day, in markets throughout the world, including the Commonwealth of Independent States, Africa, and the Middle East. In 2002, he launched DAMAC Properties, after identifying the sizable market potential of the region, and since that time, the company has grown at an exponential rate, extending its footprint throughout Abu Dhabi, Dubai, Doha, Beirut, Jeddah, London, and a number of other global cities. The track record of the astute businessman has been stellar since his initial foray into the world of entrepreneurship, and he recently participated in a Q & A session in order to discuss his many successes, as well as the processes that keep him ahead of the curve.
Hussain Sajwani attributes the inspiration to create DAMAC Properties to his time as a youth, in which he spent many of his after-school hours assisting his father in his entrepreneurial endeavors. The experiences of this period in his life helped to instill a growing desire to become an entrepreneur, while also helping to develop the traits needed for him to become the calculated thinker that he is known as today. On a typical day, Hussain Sajwani begins by initiating meetings with his direct management team, during which, he is given a rundown of the current state of his company, as well as updated on any new or potential developments. When attempting to bring his ideas to fruition, Mr. Sajwani often looks to the future, envisioning the status of Dubai, and other regions in which DAMAC Properties operates, while attempting to eliminate any fear of failure. Always the forward-thinker, Mr. Sajwani keeps a firm eye on the developing technologies of the time, and when assessing the current state of social media, considering its significant growth over the last decade, he sees it as a medium with unlimited potential.
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