What you need to know about UAE businessman Hussain Al Nowais
Hussain Al Nowais is one of the leading business leaders in UAE, Abu Dhabi. Al Nowais has vast interests in petrochemicals, hospitalities, food industry, banking, investments and various other companies.He was raised in Abu Dhabi, UAE where he gained his business skills. The article highlights the success and life of Hussain Al Nowais.
The Background of Hussain
Hussain completed his high schooling in Abu Dhabi and went to finish his studies in the United States. Hussain has seen both the good and bad 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. In most of the companies that he heads, he began has an agent of which he could increase to grow as a business partner.
The Journey of his career
He worked as a trainee in one of the investment banks in New York. He gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. It is through studying in the United States that he developed a passion for business and took advantage of the business gaps.
Breakthrough in His career
One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. He has several companies under his name because he acquired several of them which were performing poorly and made them successful.During the recession time during the gulf war, he saw the need to fill the gap due to food shortage. He practiced his management skills by creating the Federal food and applied technology to ensure that his services reached a vast number of people.
Hussain has three children, and he uses his free time to mentor them. 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. Being a world traveler and family man, he spends his holiday times flying around together with his family.
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. Some of the businesses that he directs include the Rotana Hotel Management Corporation Limited, Spinneys Limited among others. He also acts a board member in a long list of companies.