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The UAE Businessman Hussain al Nowais

The United Arab Emirates is known to have the richest business tycoons from all over the world.

Seven at least that are UAE homegrown businessmen and conglomerates that own huge assets of major establishments like hospitals, high rise buildings, banks and mega shopping malls are among these mentioned.

It’s no wonder then that business people from UAE are more successful and shows more profit compared to other countries. Seven of these individuals are mentioned by Forbes in 2018, noted to be the wealthiest individual and families among the recorded 2,200 billionaires.

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.

One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. His education background is impressive in the sense that he graduated in Portland, France, and London.

Graduated Business Administration in 1979 made way to his contributing success today. His self-made wealth is only an indication that he was a determined businessman.

Hussain Al Nowais started doing family business with only a handful of staff. At present, his employees have reached over 6,000 and it actually is still growing to this day, imagine that!

He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.

With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. All these led to what he have now.

Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. Those that which he is handling are Senaat, one of UAE’s largest industrial holding companies; Al Nowais Investments where he is now the Executive Chairman, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are a few to mention.

Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Hussain Al Nowais have invested in industries like 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 noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.