The Success Story of UAE Businessman Hussain Al Nowais
Hussain Al Nowais is a global entrepreneur and also doubles as a business strategist. He has worked in various nations and has interests in banking, investments, heavy industries, petrochemicals, real estate, hospitality, and energy among others. He was raised in Abu Dhabi, UAE where he gained his business skills. The article highlights the success and life of Hussain Al Nowais.
Hussain Early Beginning
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 known for his position as a chairman of the Emirates Holding. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies.During his earlier years, he worked as an agent, and after some time, he could rise to become a partner.
His professional career began in New York where he worked as a trainee to an investment bank. It is in the United States that his career jumpstarted working as a trainee in a bank. He attained his degree in business administration in 1979 from the Lewis and Clark College which is based in Oregon. He was able to overcome his competitors because he gained command of English which he could use to get the big contracts from the international companies.
Breakthrough in His career
Hussain Al Nowais gained stability in the business world after he was awarded a tender to supply electric components to a government body. 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.
Hussain Al Nowais is a father of three kids and it his desire to see them succeed. 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.
Among the companies that Hussain chairs include the Al Nowais Investment LLC, Danway Engineering, Eircom, Addax Bank B. S. C, National Petroleum Constructions and Abu Dhabi essential industry corporations. Hussain is the leading managing director of enterprises such as Rotana Hotel Management Corporation Limited ad MENA Infrastructure Fund GP Limited. He is a board member of several other groups.