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Archive for October 19th, 2017

Valuable Lessons I’ve Learned About Companies

Thursday, October 19th, 2017

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. Hussain Al Nowais business niche cuts across hospitality, heavy industries, petrochemicals, reals estate, and investments. 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 Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. 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. 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. 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.
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Breakthrough in His career

One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. He has several companies under his name because he acquired several of them which were performing poorly and made them successful. His ability to offer solutions to his country saw him establish a food company during the recession period in UAE. He practiced his management skills by creating the Federal food and applied technology to ensure that his services reached a vast number of people.

Personal story

Hussain has three children, and he uses his free time to mentor them. he has a vision for children, and he wants them to succeed and offer different opportunities to other people. Hussain Al Nowais is an avid reader who has a library in his house. 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. Some of the businesses that he directs include the Rotana Hotel Management Corporation Limited, Spinneys Limited among others.He is a board member of several other groups.