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. Coming from a humble background in Abu Dhabi, UAE, he attributes his success to his efforts and persistence.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 completed his high schooling in Abu Dhabi and went to finish his studies in the United States. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. His status as a chairman in Emirates holdings contributed to his international limelight. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies. In most of the companies that he heads, he began has an agent of which he could increase to grow as a business partner.
He worked as a trainee in one of the investment banks in New York. He attained his degree in business administration in 1979 from the Lewis and Clark College which is based in Oregon.The process of studying abroad gave him an edge over his competitors because he was able to manage to talk with foreigners.
His major success in Business
One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. During the recession time during the gulf war, he saw the need to fill the gap due to food shortage. It is at that time that he formulated the Federal Foods that boast of 500 staffs.
Apart from his busy lifestyle, he is a father of three children.He wants to instill a culture of hard work and make them be the solutions to the world problems. Al Nowais can be found in his home library sampling most books. Being a world traveler and family man, he spends his holiday times flying around together with his family.
He is the chairman of Al Nowais Investments LLC, Federal Foods, Dan way Engineering, Eircom, Addax Bank B.S. C, National Petroleum Construction and Waha Capital PJSC. 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.