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 is a self-made business who was born and raised in Abu Dhabi, UAE. The article highlights the success and life of Hussain Al Nowais.
The Background of Hussain
Hussain completed his high schooling in Abu Dhabi and went to finish his studies in the United States. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. He is currently the chairman and managing director of the Emirates Holdings. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies. In most of the companies that he heads, he began has an agent of which he could increase to grow as a business partner.
The Journey of his career
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 attained his degree in business administration in 1979 from the Lewis and Clark College which is based in Oregon. 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.
Success story of Hussain
Hussain Al Nowais gained stability in the business world after he was awarded a tender to supply electric components to a government body. 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. Federal Foods is a manufacturing company that has used efficiently IT to deliver most of its services.
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.
Among the companies that Hussain chairs include the Al Nowais Investment LLC, Danway Engineering, Eircom, Addax Bank B. S. C, National Petroleum Constructions and Abu Dhabi essential industry corporations. He is a director of various companies such as the MENA infrastructure funds and Rotana Hotel Management Corporation Limited. He also acts a board member in a long list of companies.