The UAE Businessman Tycoon Hussain al Nowais
When you will look for the richest business tycoons from all over the world then you will simply find many of them are from the United Arab Emirates.
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. In fact, as confirmed by Forbes’ in 2018, among the list of 2,200 billionaires around the world the wealthiest individual and families are from UAE.
However, as of late those businesses in healthcare, money exchange, and property increased in wealth, and those in the investments in banking automobiles and other industries, on the other hand, shows a decline in fortune.
Hussain Al Nowais is a native of Abu Dhabi, UAE and is one of those seven billionaires mentioned earlier. He had studied internationally that somehow contributes to his excellence in business.
Not surprising that he is very good in business since he graduated with a degree in Business Administration in 1979. Being business minded, his determination surpassed that his self-made wealth says it all.
Hussain Al Nowais managed his family business at first with only a few staff. Now he had already over 6,000 employees and is still counting to this date.
Facing challenges, where he thought he can’t get over with, are not new to him as he experiences this like many others but he made sure that he is not disheartened and used these challenges to give him room for greater growth.
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.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.
He is connected to 12 Board Members in 12 organizations across 11 different industries. Hussain Al Nowais investments now covers Oil and Gas Petrochemicals,Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology.
Thus he remained successful in making wealth and profit since most of the industries he had invested in are gearing to grow and expand and Hussain Al Nowais is still in the game in doing business grow all these years.
One quality trait that his investments portray is the long-standing partnerships with leading players in the industry.