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. 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 life
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. He is known for his position as a chairman of the Emirates Holding. He traces his roots of entrepreneurship back when his grandfather was a small scale trader. During his earlier years, he worked as an agent, and after some time, he could rise to become a partner.
His professional career began in New York where he worked as a trainee to an investment bank. It is in the United States that his career jumpstarted working as a trainee in a bank. He gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. 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
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. His ability to offer solutions to his country saw him establish a food company during the recession period in UAE. The idea led to the formation of Federal Foods Services that offers solutions to millions of the citizens.
Hussain has three children, and he uses his free time to mentor them. Although his kids are privileged, he desires to see them have a passion in life and come up with brilliant ideas in the business sector.Hussain Al Nowais is an avid reader who has a library in his house. 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. 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.