Hussain Sajwani is the chairman of the Damac Group and he is looking to expand this group into the food industry. In addition to running his business Hussain Sajwani knows the importance of making friends in high places especially those internationally.
Hussain Sajwani is the founder of the Damac Group. He is known for his amazing marketing such as when a person makes a purchase of a luxury apartment they will receive a free Bentley. While this may sound outrageous it is not such as bad business move considering the price of the apartments and the amenities that they offer. This group also owns and operates one of the most glamorous golf courses in the world.
The Damac Group is also known in the food service industry. This was one of the first businesses that Hussain Sajwani became involved with. He has worked with American companies all over the world and has gained experience as well as some important business friends from those ventures.
According to albawaba.com, Sajwani is putting his business skills to the test when the Damac group took over the UAE properties. This is even going to be offering shares to investors on the London Stock Exchange. While this group does not need the cash to invest they are still looking to hire a quality IPO.
Hussain Sajwani got his start in food service when he opened a catering service in Abu Dhabi. He had many customers and was successful but was not making the money that he wanted. That is why when 2006 came around, the Damac group invested in real estate. He developed a number of hotels in Deira and when the Soviet Union collapsed this lead to an increase in visitors to his hotels.
The Damac group was purchasing as many properties as possible and would aggressively market them. He followed the off plan sales business model and that is how he made billions of dollars and is able to keep investing in new projects.
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