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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 explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
Hussain Early life
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 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.
He worked as a trainee in one of the investment banks in New York. He could see several business opportunities when socializing with other students who came from other nationals such as Japan, Korea, and Italy. He graduated from the Lewis and Clark College in Portland Oregon in 1979 with a degree in Business Administration. 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
His breakthrough came when he was awarded a contract to supply the government department with electrical materials. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. Hussain Al Nowais had an urgent need to solve the food crisis in his hometown and that made home venture into the food industries. He practiced his management skills by creating the Federal food and applied technology to ensure that his services reached a vast number of people.
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. He reads informative and inspirational books and those based on Islam religion.He enjoys most of his time with his family and loves to travel.
He is the chairman of Al Nowais Investments LLC, Federal Foods, Dan way Engineering, Eircom, Addax Bank B.S. C, National Petroleum Construction and Waha Capital PJSC. Some of the businesses that he directs include the Rotana Hotel Management Corporation Limited, Spinneys Limited among others. Hussain Al Nowais is also a board member of several other organizations and businesses.