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. 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.
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. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. He is known for his position as a chairman of the Emirates Holding. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies. 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. 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 turned the business of purchasing struggling companies and makes them profitable. 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.He wants to instill a culture of hard work and make them be the solutions to the world problems. Al Nowais can be found in his home library sampling most books. Being a world traveler and family man, he spends his holiday times flying around together with his family.
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. 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.