The Success Story of 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 highlights the success and life of Hussain Al Nowais.
Hussain Early Beginning
Hussain Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. 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 traces his roots of entrepreneurship back when his grandfather was a small scale trader. 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
He worked as a trainee in one of the investment banks in New York. He gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. It is through studying in the United States that he developed a passion for business and took advantage of the business gaps.
His major success in Business
One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. 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.
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.
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.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.