Facts About DAMAC Owner Hussain Sajwani
Hussain Sajwani is the founder and Chairman of global property development company DAMAC Properties. A native of UAE, Hussain Sajwani went on to graduate from the University of Washington with degrees in engineering and economics. After completing his undergraduate education, Hussain Sajwani began his career in the finance department in Abu Dhabi Gas Industries. Shortly after this, in 1982 he established a successful catering business. This catering venture is still operational and operates as Global Logistics Services.
Hussain Sajwani went on to establish DAMAC Properties in 2002. DAMAC Properties is one of the largest property development companies in the middle east. In 2015, DAMAC Properties became publicly–listed with shares traded on the Dubai financial market. DAMAC owner Hussain Sajwani was a pioneer of the property market expansion in Dubai. He has been instrumental in the property development in Dubai as the population has increased due to a growing influx of people coming into the country to do business and trade.
Today DAMAC is one of the leading property development institutions. DAMAC has several prestigious projects throughout the world in Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh and London. DAMAC employs nearly 2000 employees and has developed over 21,700 homes. DAMAC maintain a development portfolio of over 44,000 units.
DAMAC owner Hussain Sajwani has received various accolades for his efforts, including Property CEO of the Year in 2017, a top 15 ranking by Hotelier Power 50, Real Estate Legend 2018 and Real Estate Business Leader of the Year 2018
Hussain Sajwani has plans to pursue efforts in the active economy of China. He recognizes that diversity is essential to the success of DAMAC Properties. DAMAC currently employs 77 different nationalities from every continent. Hussain Sajwani has actively made efforts to utilize social media and other technological advancements to advance DAMAC Properties’ development efforts.
As the global economy continues to evolve and grow, Hussain Sajwani is confident that DAMAC Properties will continue to be a player in property development innovation and efforts worldwide.
Helpful site: https://www.bezaat.com/uae/dubai/properties-for-sale/villas-and-palaces/archive/16624035
How Hussain Sajwani Built DAMAC Properties Into A Business With International Scope
While Hussain Sajwani is mainly known for being the founder, chairman of the board, and chief executive officer of DAMAC Properties, this wasn’t actually his first business venture. He founded this company in 2002 but 20 years before he established his first business which started out as a fledgling catering venture. Today this catering venture, Global Logistics Services, is an international firm feeding over 150,000 people a day at hotels, construction sites, military bases, and other places where a large number of people congregate.
DAMAC Properties is also international in scope. As Hussain Sajwani is a UAE national his first real estate projects were located in and around Dubai. He has also built residential and commercial property developments in other Middle Eastern cities like Cairo, Abu Dhabi, Damascus, Jeddah, and Ankara. He recently started building a luxury residential tower in London called Tower Nine Elms London. Once this DAMAC Properties project is completed it will have 50 stories and an ultra-modern look inside and out. He partnered with Vercase Home on this tower who are completing the interiors to their usual opulent standards. He’s also looking to build in Asia and North America.
Hussain Sajwani (@hussainsajwani) has also partnered with Donald Trump on some properties. One of these is the DAMAC Hills mega project. This development includes DAMAC Properties first golf club which will be managed by the Trump Organization. Hussain Sajwani’s company is presently putting in the finishing touches on a similar project called OKOYA Oxygen which also has a golf course, this one personally designed by Tiger Woods.
Hussain Sajwani is a family man who is married and has four children. His oldest son, Ali Sajwani, graduated from Boston’s North Eastern University and has an economics degree. He returned to the UAE after graduating and now works at DAMAC Group, Hussain Sajwani’s umbrella firm, as a general manager of operations. He also recently had his daughter, Amira Sajwani, get married. Attending this event was Sheikh Hamdan, the Deputy Ruler of Dubai, a number of royal family members, and many foreign dignitaries.
How Jim Toner Overcame Various Challenges to Grow into a Seasoned Real Estate Investor
The housing market crash and recession have adversely contributed to turbulent years for millions of Americans. Not only did novice investors lose substantial real estate properties and retirement accounts but also endured an alarming level of hopelessness. More detrimental is the fact that such consequences stemmed from poor decision-making. To ensure that hardworking citizens don’t fall victim to such scams, Jim Toner has painstakingly toiled to educate people on how to live better financial futures.
As a shrewd real estate investor with over two decades’ worth of experience, Jim Toner has grown by leaps and bounds from humble beginnings to a seasoned real estate expert. Despite experiencing various challenges, he made the ultimate choice to take control of his life and transform each setback into a valuable learning opportunity. According to him, we are living in an opportune time to generate substantial wealth for those bold enough to take calculated risks.
In an effort to encourage individuals experiencing similar setbacks, Jim Toner has graciously lifted the lid on his personal life and the ingredients to his astronomical success. For starters, attitude is a crucial aspect of building wealth through real estate. While most people blame the 2008 financial crisis, Jim Toner believes otherwise and insists investors created the crash and not the market as alleged. More importantly, he highly encourages investors to take advantage of the appropriate time to purchase real estate especially when market prices are low.
Personal Wellbeing as Your Greatest Asset
Real estate entrepreneur Jim Toner firmly believes in the power working hard and taking ample time to stay in good shape. Exercising the body and mind is not only essential in promoting creativity but also in building and managing profitable businesses. Three days of weight and cardio training should be sufficient to keep you in top shape for the week’s challenges.
Adopt a Rich Person’s Mentality
To be rich, Jim Toner (@thejimtoner) advises entrepreneurs to think like rich people and avoid entertaining any negative thoughts. Unknown to most people, time is a valuable asset that cannot be recovered once lost. Adopting excellent time management skills speaks volumes about an individual’s capacity to generate wealth. Even though burnout is a common phenomenon, it is prudent to create a flexible schedule that incorporates both work and exercise.
Use your Failures as Motivation
While most people are afraid of failure, persistent entrepreneurs never give up despite experiencing various setbacks. Not only did failure toughen Jim Toner up but also propelled him towards enormous success. As an accomplished entrepreneur, he advises aspiring investors to channel failure as motivation to pursuing the next investment.
See more: https://www.score.org/mentors/jim-toner
Hussain Sajwani – Contributing To The Real Estate And Infrastructure Development In The Middle East
Hussain Sajwani is the founder and owner of Damac Properties, one of the most prominent real estate developers in the Middle East, based in Dubai. Damac Properties is known across the Middle East for its stylish, luxurious and unique architectural designs for commercial and residential properties. The firm is active not only in the United Arab Emirates, but also has operations in part of North Africa, Saudi Arabia, the United Kingdom, the United States, Oman, Qatar, and many other countries. Damac Properties is also highly popular among the real estate investors and buyers because of the unique marketing models they adopt with each project, including giving away Bentleys with each unit purchase, and other similar marketing stints.
Hussain Sajwani has done his graduation in Economics and Industrial Engineering from the University of Washington, and had a humble beginning, working as a contracts manager for the oil giant, Gasco. However, soon after, he left the job to start his entrepreneurial journey and founded Al Jazeera Catering Services, a company that continues to operate till date, and is a market leader in the niche. It manages over 200 projects currently and serves over 150,000 meals every day, and had clients such as U.S. Military and construction giant Bechtel.
According to arabi21.com, Hussain Sajwani is blessed with business foresight, which led him to see the upcoming real estate boom in Dubai and the Middle East, which is why he shifted his base to Dubai. Soon after coming back to Dubai, he purchased a plot in the outskirts of Dubai and designed luxurious 35-stories residential building, which he managed to sell off within six months by targeting wealthy and affluent society of Dubai. And, he managed to sell off the project, before even the construction works began, which speaks a lot about his business expertise.
Hussain Sajwani’s Damac Properties is also working closely with the Trump Organization, owned by the current U.S. President, Donald Trump. Hussain Sajwani had known Donald Trump from long before the latter became the president of the United States, and their respective families also share a friendly and cordial relationship. Damac Properties is construction international golf course projects in Dubai in collaboration with the Trump’s real estate firm.
More information: alkhaleej.ae/home/print/a922472b-3d18-4d8e-80b8-4c95e68a97f2/e3460e25-311e-4fc2-8db8-533c97bed4a0
DAMAC Owner Husain Sajwani, A Middle Eastern Phenomenon
Hussain Sajwani has accomplished what few individuals have been able to achieve. He is the founder of DAMAC Properties, Inc., a Dubai real estate development and management company in Dubai. DAMAC oversees the operation of properties from Paris and London, and throughout the Middle East.
Husain got his start as a schoolboy, working for his father in the family variety store where he put in exceptionally long hours. This caused him to state that he would never want to become a businessman, but that he would rather be a degreed professional so he would be able to work normal hours.
Even though he earned degrees in engineering and economics, Sajwani’s first real opportunity occurred during the Gulf War when he founded a catering company that sold meals to the United States Army. Since this venture was a huge success, becoming a professional was not going to happen. The catering company is still doing business today and is a part of Sanjawi’s business operations.
In 2002, the United Arab Emirates passed a law that allowed foreign nationals to purchase property in the Emirates and to emigrate there. Sajwani correctly predicted a real estate boom and he began to purchase property in and around Dubai. He formed DAMAC Properties, Inc., a real estate management and development company to handle the business.
His early efforts paid off, as he was a master promoter who what able to motivate potential buyers with his well-placed ads. For example, his slogan of “A New Bently With Each Luxury Apartment” was a real attention-getter.
DAMAC Owner Sajwani knew that many foreigners who would be purchasing property would be people with money so he geared his properties and promotional activities accordingly. His first project was completely sold out before any construction began. This became the norm rather than the exception and DAMAC enjoyed early success.
According to alhayat.com, Sajwani’s practices of paying cash for land, designating separate accounting and bank accounts for each property, and judicious attention to location paid off handsomely. This was especially true during an economic downturn a few years later.
Today, Sajwani is well sought-after for his advice and outlook in many subject areas. His properties, some of which include Donald Trump golf courses, continue to be in demand and there are always new projects on the drawing boards.
Recommended you read: https://ebizine.com/damac-owner-and-uae-billionaire-hussain-sajwani/
Stream Energy and the Establishment of Stream Care Foundation
Unique and innovative nature is part of the Stream Energy, one of the leading direct selling and life Service Company. It offers energy, protection, wireless, and other home services to customers. The company was established in 2005. It has since generated revenues of more than $8 billion.
Corporate philanthropy is part of the Stream Energy. Recently, the company launched its charitable foundation known as Stream Care. Its mission is to officiate the ongoing philanthropy in Texas and the entire country. Stream Care offers maximum support and resources to the local charity foundations, for example; the hope Supply Company, which is a nonprofit group committed to solving the basic needs of all homeless children.
According to Hurricane Harvey, the connected living company and the energy sales exhibited itself openly. Being a business company, launching philanthropy arm separately would be a new event offering double advantages. The Stream Energy not only empowers it employers, but is also dedicated to giving back to the community. It is continuously gaining loyalty and regards from regular clients as well as the public.
Statistics show that American corporation is unexceptionally generous and principled. In 2016, various businesses gave out a sum of $19 billion to charity organizations in America and other countries. This excludes the corporate sponsorships, marketing causes, and the donations of money time, and effort offered by employees. In the case of Dallas based stream, corporate leaders and employees also gave to the local areas. It has developed long-term relations with the Red Cross organization and the other human habitat coporations.
Stream model of business is easy. By direct selling, the company is able to pay its associates to come up with a network of faithful customers. Thus providing them with a variety of products and services based on mobile phones plan and fixed energy rate.
Since its establishment, the Stream Energy has greatly expanded. As one of the direct selling company, its unique model of business has widely employed and highly empowered associates in the market. This has indeed resulted to an increase in business opportunities and better earning.
Jason Hope Works Toward Funding Anti-Aging Research.
Jason Hope is one of the more prominent futurists in the tech industry today. As a graduate of Arizona State University, where he studied Finance before receiving his MBA, Hope has made it his business to be ahead of the pack regarding matters of technology. Hope is the founder of Jawa, a mobile communications company, and one of the foremost innovators in the field that is now known as the Internet of Things. While it is clear that Hope has a wide focus, he is also lasering in on a concept that could have implications for the entirety of humanity — anti-aging research.
Jason Hope has always been passionate about medicine and the impact that it could have on humanity in the future. In fact, Hope has gone on record in numerous interviews regarding the fact that he doesn’t believe aging to be a permanent problem for humanity. In order for Hope’s thought to become a reality, he realized that there needs to be renewed focus on what our medical researchers are actually researching. This naturally led Hope to look at the work being done at the SENS Foundation. In fact, Hope become so infatuated with their anti-aging research that he ended up writing a donation for a full half of a million dollars in order to help their research. Jason Hope’s Hard Line Stance on the Internet of Things
The SENS Foundation is currently led by CEO Mike Kope and it was he who announced Jason Hope’s intense interest in their company as well as the massive donation that Hope so generously doled out. The donation was announced during the Breakthrough Philanthropy event which was hosted by Peter Thiel of the famous Thiel Foundation. Thiel was on hand to see the donation and he was summarily impressed by what he saw. Thiel would end up calling Hope’s donation, and corresponding passion, the entire highlight of the event. Jason Hope Pledges $500,000
What led Hope to the SENS Foundation specifically was the work that they had been doing on several important age-related diseases. Of these diseases, Hope’s donation will be serving to help analyze and search for a cure to arteriosclerosis. Dr. Aubrey de Grey, the CSO at the SENS Foundation, is the lead researcher on the property and one of Hope’s chief inspirations. Dr. de Grey was “delighted” about Hope’s donation and he believes that the funds will help to search for breakthroughs in his work that will hopefully impact the health of people around the world.
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Billionaire DAMAC Owner Hussain Sajwani Continues To Dominate Dubai’s Luxury Real Estate Sector
Hussain Sajwani has built a fortune of more than $4 billion after being created in 2002 by the entrepreneur who built his initial fortune through the establishment of a food services company. The initial real estate business of Sajwani was located in the midrange hotels opened in the 1990s after the fall of the Berlin Wall brought new tourists to areas of the Middle East from former Soviet countries; after proving himself to be a major success in his first real estate venture, Hussain Sajwani quickly moved into the Luxury real estate business who the United Arab Emirates changed its rules about ownership of property in and around Dubai. Learn more: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots
During the creation of DAMAC Properties, Hussain Sajwani looked at the financial problems his peers in the luxury real estate industry had been struck by and found new ways of avoiding these problems. Through his new financial system, Hussain Sajwani was largely unaffected by the global economic crisis of 2008 which claimed the companies of many of his fellow luxury real estate developers. Hussain Sajwani’s DAMAC Properties develops a number of luxury properties at any time but makes sure the funding for each apartment block or luxury golf course resort is held separately from all others to ensure an accurate overview of DAMAC finances is always available.
In continuing his personal growth in the luxury real estate sector, Hussain Sajwani has developed partnerships with some of the world’s leading developers including U.S. President Donald Trump. The business partnership formed by the Trump Organization and DAMAC has resulted in the development of two golf course resorts, the second of which will open early in 2018 with a Tiger Woods-designed course.
Hussain Sajwani and Donald Trump first came together as business partners in 2013 and have achieved a large amount of success together but have been forced to bring the business relationship to a temporary halt because the President will not complete any new international deals while resident in The White House. Hussain Sajwani has stated a $2 billion contract to continue the working relationship with the U.S. President will remain on the table when Donald Trump completes his term in office.
How Mike Baur Has played a role in Changing the Business Landscape
Due to his competence, Mike Baur has been able to establish himself as one of the leading businessmen in Switzerland. The entrepreneur has had the opportunity to work in the banking sector for more than twenty years. His long stint in the banking sector equipped him with a lot of knowledge and skills. Some of the banks he has had the opportunity to serve include the UBS and Clariden Leu. Mike Baur has played a role in the formation of companies. For instance, he is widely known for having co founded Swiss startup factory. Actually, he remains a managing partner in the same company.
After his career in the banking sector, he decided to quit helping in funding startups across the country. As noted earlier, Mike Baur helps in funding startups. However, there is certain criterion that is used to determine if a company qualifies for financing. The selected startup should always demonstrate that it has an opportunity for success. His support to the various startups is not just financial. Rather, he has always acted as a mentor for the most promising startups in the country. Mike Baur has had the opportunity to work at the CTI invest in his capacity as a deputy managing director. It is also important to note that he served as a jury member in a summit that was held in January 2016. In essence, the objective of the summit was to identify startups that had a huge opportunity for growth.
As noted earlier, Swiss startup factor was founded in 2014. At the time of founding the company, it had a number of ambitions. The main ambitions of the company entailed a disruption of the business norms at the time. The company also aimed at introducing effective business models which would change the manner in which business is done. The company also aimed to facilitate the manufacture of new products that would change the market in a significant fashion. The core business of the company entails engaging startups for a period of three months.
During the period of three months, the company aims to achieve various things including coaching and mentoring. The company also aims at providing financing to the startups that are well managed. Indeed, there are instances when the company has offered office space for the startups. The contribution of Mike Baur has had a major impact on startups through giving them access to an investor network.
The Leadership of Rick Smith at Securus Technologies
In January 2016, the Chief Executive Officer of Securus Technologies, Rick Smith announced the hiring of senior sales executive to build a robust, dynamic and tech-based team of sales professionals to complement the company’s expanding product range. Securus is a provider of technological services that are aimed at enhancing investigation, public safety and monitoring activities within and around correction facilities. Mr. Smith announced that John Bell was part of Securus Technologies, serving as Senior VP Sales, effective December 30, 2015.
Expansion of Product and Service Range
According to the CEO Rick Smith, the company injected $600 million to develop and purchase hundreds of products for the purpose of enhancing safety and security. The investment was made within a period of three years, and due to that, the company had to add an experienced sales executive to lead the evolving sales professionals to be able to present the expanded range of products to the clients effectively. Rick further added that John Bell is recognized for helping organizations to improve their performance, growth and building result-oriented sales teams. Bell has managed to transform companies due to his 35 years of professional experience.
Read more: https://www.bloomberg.com/profiles/people/3482358-richard-a-smith
Mr. Bell received his undergraduate from Holy Cross and later joined Kellogg School of Management and Wharton School of Business for his postgraduate studies. Previously he had worked for several companies including Verizon, NTT Verio, IBM, Time Warner Cable and AT&T. At Securus technologies, John Bell will be in charge of a team of 100 professionals, some of them carrying sales associate titles. The objective of Rick Smith Securus is to generate new contracts from existing and new clients, and also retaining old ones. As a result of dramatic change of their products, there was a need to prepare the sales team on how to present those new products more effectively.
Rick Smith’s Career Background
Mr. Smith held different positions at Global Crossing North America Inc. from 1972 to 1998 including chief information officer. Other roles at the company include serving as the president of Frontier Information Technologies, VP Midwest Telephone Operations and head of business development Network Plant Operations Director. In 1998, he joined Eschelon Telecom Inc. as CFO, later became the president and finally the CEO. He served at the company until 2007, and in 2008, he joined Securus technologies.
Securus is based in Dallas, TX, and has a client database of more than 3,400 clients. The company targets agencies providing law enforcement, corrections and public safety services as its clients. Currently, Securus Technologies is serving more than 1.2 million inmates across North America. The company focuses on connecting agencies with technology that provides services such as emergency response, investigation, communication, biometric data, incident management and monitoring. Visit securustechnologies.com for more info.