Discovering the 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. Coming from a humble background in Abu Dhabi, UAE, he attributes his success to his efforts and persistence.The article explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
Hussain Early life
Hussain went through his primary and high school studies in his home country and went to the United States for college lessons. The success story of Hussain is a unique one since during his first years, his family was forced to live in the desert. His status as a chairman in Emirates holdings contributed to his international limelight. 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 could see several business opportunities when socializing with other students who came from other nationals such as Japan, Korea, and Italy. He graduated from the Lewis and Clark College in Portland Oregon in 1979 with a degree in Business Administration. 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.
His major success in Business
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. 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.
Apart from his busy lifestyle, he is a father of three children. 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. Al Nowais can be found in his home library sampling most books. Hussain Al Nowais treasures his family and most of the time he takes them for vacation in different countries.
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 is a board member of several other groups.