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. Coming from a humble background in Abu Dhabi, UAE, he attributes his success to his efforts and persistence.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 went through his primary and high school studies in his home country and went to the United States for college lessons. Hussain has seen both the good and bad times. He is currently the chairman and managing director of the Emirates Holdings.He traces his roots of entrepreneurship back when his grandfather was a small scale trader. 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
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.
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 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. Federal Foods is a manufacturing company that has used efficiently IT to deliver most of its services.
Hussain Al Nowais is a father of three kids and it his desire to see them succeed. He wants to instill a culture of hard work and make them be the solutions to the world problems.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.
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. He also acts a board member in a long list of companies.