The Success Story of UAE Businessman Hussain Al Nowais
Hussain Al Nowais is a name to reckon with when it comes to international business and strategies in UAE business industry. Al Nowais has vast interests in petrochemicals, hospitalities, food industry, banking, investments and various other companies.He was raised in Abu Dhabi, UAE where he gained his business skills. The article highlights the success and life of Hussain Al Nowais.
The Background of Hussain
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. 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.
He worked as a trainee in one of the investment banks in New York. 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. 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
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. Hussain Al Nowais had an urgent need to solve the food crisis in his hometown and that made home venture into the food industries.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. 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. Hussain Al Nowais treasures his family and most of the time he takes them for vacation in different countries.
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 also acts a board member in a long list of companies.