Discovering the 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 Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. He is known for his position as a chairman of the Emirates Holding. He traces his roots of entrepreneurship back when his grandfather was a small scale trader. 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.
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.The process of studying abroad gave him an edge over his competitors because he was able to manage to talk with foreigners.
Success story of Hussain
His breakthrough came when he was awarded a contract to supply the government department with electrical materials. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. Hussain Al Nowais had an urgent need to solve the food crisis in his hometown and that made home venture into the food industries.It is at that time that he formulated the Federal Foods that boast of 500 staffs.
Hussain Al Nowais is a father of three kids and it his desire to see them succeed. He wants to instill a culture of hard work and make them be the solutions to the world problems.Hussain Al Nowais is an avid reader who has a library in his house. Hussain Al Nowais treasures his family and most of the time he takes them for vacation in different countries.
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. He is a director of various companies such as the MENA infrastructure funds and Rotana Hotel Management Corporation Limited. He also acts a board member in a long list of companies.