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November 14, 2017
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. Hussain Al Nowais business niche cuts across hospitality, heavy industries, petrochemicals, reals estate, and investments. Coming from a humble background in Abu Dhabi, UAE, he attributes his success to his efforts and persistence. The article highlights the success and life of Hussain Al Nowais.
Hussain Early Beginning
Hussain Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. The success story of Hussain is a unique one since during his first years, his family was forced to live in the desert. 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.
Beginning of career life
He worked as a trainee in one of the investment banks in New York. While studying in the US, he interacted with people from different nationalities helping to create business perceptions about them. The process of studying abroad gave him an edge over his competitors because he was able to manage to talk with foreigners.
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 has several companies under his name because he acquired several of them which were performing poorly and made them successful. His ability to offer solutions to his country saw him establish a food company during the recession period in UAE. 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 wants to instill a culture of hard work and make them be the solutions to the world problems. He reads informative and inspirational books and those based on Islam religion. 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. 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.