He has been called the “Donald of Dubai” by some. Comparisons to Donald Trump are not wholly unfounded for Hussain Sajwani. The multi-billionaire CEO and founder of the DAMAC Group has made his fortune in residential real estate development, and he has a history of business dealings with Trump.
Sajwani’s beginnings were is the food service business. In that capacity, he handled major clients such as construction behemoth Bechtel and the U.S. military.
He has not forsaken these roots, either. He still owns that food service business where he got his start.
In 2002, Sajawni founded DAMAC Properties. The company benefited from a governmental decree that allowed non-UAE citizens to own property in the UAE. Read more: Hussain Sajwani | Forbes and Hussain Sajwani | LinkedIn
Many of DAMAC’s customers were foreigners looking to purchase apartments in the emirate. Within less than six months of purchasing a piece of land for his first residential building, he had sold all of the units in it–before construction had even begun. It is Sajwani who has helped to bolster the image of Dubai.
Sajwani’s business success has been intertwined with Trump’s success as well. In 2013, he teamed up with Trump to develop two golf courses: The Trump International Golf Course Dubai, which is located at DAMAC’s Akoya residential development, and the Tiger Woods-designed Trump World Golf Course.
Trump has had good things to say about Sajwani. Shortly after being elected president, he praised Sajwani profusely.
Hussain Sajwani has likewise had positive things to say about the U.S. president. He has expressed hopes for further business dealings with the Trump Organization. In fact, Sajwani has close ties to not only Donald Trump but the president’s children Ivanka, Eric, and Donald Jr. as well.
Hussain Sajwani’s interests extend beyond making money, however. He and DAMAC Group have made a commitment to giving back. As such, they established the DAMAC Foundation to do philanthropic works within the Arab world.
One of its initiatives is the “One Million Arab Coders,” which is designed to provide people with the necessary technical skills for a happier, more empowered society.