The Success Story of 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.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 traces his roots of entrepreneurship back when his grandfather was a small scale trader. 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.
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 gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. 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
His breakthrough came when he was awarded a contract to supply the government department with electrical materials. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. His ability to offer solutions to his country saw him establish a food company during the recession period in UAE. The idea led to the formation of Federal Foods Services that offers solutions to millions of the citizens.
Hussain has three children, and he uses his free time to mentor them. Although his kids are privileged, he desires to see them have a passion in life and come up with brilliant ideas in the business sector.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.
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. Some of the businesses that he directs include the Rotana Hotel Management Corporation Limited, Spinneys Limited among others.He is a board member of several other groups.