What you need to know about UAE businessman Hussain Al Nowais
Hussain Al Nowais is a global entrepreneur and also doubles as a business strategist. Al Nowais has vast interests in petrochemicals, hospitalities, food industry, banking, investments and various other companies. 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 went through his primary and high school studies in his home country and went to the United States for college lessons. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. He is currently the chairman and managing director of the Emirates Holdings. He began his trade earlier when his grandfather was a small scale supplier operating family chains of business. 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.
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.
Success story of Hussain
His breakthrough came when he was awarded a contract to supply the government department with electrical materials.He also turned the business of purchasing struggling companies and makes them profitable. 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 has three children, and he uses his free time to mentor them. he has a vision for children, and he wants them to succeed and offer different opportunities to other people. Al Nowais can be found in his home library sampling most books. 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 is a board member of several other groups.