Hussain Sajwani is well known for his business activities in the Middle East. He is the founder of DAMAC Properties, which is a leading real estate development firm in the area. Sajwani is also the creator of Global Logistics Services. He is noted as one of the richest Arabs in the world. Hussain’s net worth is reported to be over 4 billion dollars. He has working relationships with some of the largest companies in the world.
According to CNBC, Hussain Sajwani inherited his business instincts from his father. Hussain’s father was an entrepreneur who imported goods from outside the area and sold them on the market in the Middle East. Hussain went to college on a government scholarship and completed his studies at the University of Washington. He entered the workforce and joined Abu Dabi Gas Industries. Sajwani remained with Abu Dhabi gas Industries for two years. He then decided it was time to venture out on his own and create something new.
Hussain Sajwani started with Global Logistics Services. Global Logistics Services is a catering company that now has international connections. It provides service to several major industries including Bechtle and the United States military. Global Logistics Services is still in operation today and is one of the most successful endeavors Sajwani has introduced.
DAMAC Properties was Hussain Sajwani‘s next enterprise. DAMAC Properties would not take long to become a major force in the real estate industry within the Middle East. It has conducted several major real estate developments. This includes tens of thousands of apartment complexes that features 44,000 units. DAMAC Properties is known for its lavish promotions in order to bring attention to their developments. The firm is also responsible for building the golf course that was designed by a Tiger Woods. The golf course is run by the Trump Organization. Hussain Sajwani and DAMAC Properties built the Versace Fendi houses and the luxury Bugatti Villas.
Hussain Sajwani is considered a personal friend of Donald Trump and his family. They were invited to the Mar-A-Lago resort to help the President celebrate his election to the office of the United States.
Read more here: crunchbase.com/person/hussain-sajwani
JHSF was founded in 1972. The ability for having long-lasting answers through its projects and developments seems to be part of who they are. Also in the markets that are in operation, they have a keen sense to pinpoint new opportunities. Shopping Center, Incorporation, Fasano Hotel & Restaurants, and Airport are the four units of business they are composed of.
Noticing the real estate markets overseas they have put their focus on gaining repeated revenue. Projects they have put into effect include shopping centers, hotels, and the Caterina Urban Development. The company’s revenue has increased due to this repeated stream of revenue.
Jose Auriemo Neto is the chief executive JHSF’s. He convinced his father Fabio Auriemo(President at time of JHFS) to construct a project on an area at the edge of the Marginal Pinheiros. This is a section of highway that runs through the city of Sao Paulo, Brazil. First Fabio was dismissive of this idea, but later was convinced and this land now is to host of the largest complex in the country. The complex has 180 stores and 9 residential towers. It has one part of the building that used for apartments and a Fasano hotel. Jose Auriemo Neto was named to the chief executive position thereafter.
Jose Neto at the age of 11 – 13 played amateur football in Norway. Neto was part of an International Youth Camp in Tokyo. He was always known for being active and restless. In Belgium, he would spend 60 days learning leaps from Nelson Filho. Jose Auriemo Neto opened a network of small parking lots at the age of 17. Neto married business administrator Marianna Landmann and fathered 2 kids Antonio and Olivia.
Stream Energy is a company out in Texas that is focused on providing energy services to people throughout the community as well as working with the community to make it better. Stream is doing this through another division of the company called Stream Cares. This part of the organizations will work to aid charitable foundations and help the community wherever possible. Stream Energy has been acting as philanthropists for more than a decade, so it is no surprise that they have dedicated a new company towards these philanthropic efforts.
A lot of the money that Stream Energy saves from their marketing methods and energy sales has gone into creating a better community and helping those in need. Stream Cares shows that this energy company is working hard for their customers and cares about the environment. This also helps the company build loyalty and appreciation with their customers, which will potentially bring in more clients to the business in the long run. Over the years, Stream Energy has helped organizations such as the Salvation Army and Habitat for Humanity.
Stream Energy has always wanted to play a bigger role int he community other than just providing energy services such as gas and oil to their customers. Stream is working to become an integral part of the community, working to bolster the environment as well as the people throughout Texas. Stream Energy comes at an affordable rate for customers as well on top of their tendency to make their clients lives easier by doing all the heavy lifting.
Stream Cares was featured on Patch where the company talked about their relationship building and their attempt to be a leader in giving back to the community as well as their employees. Stream Care will regularly be working with the Hope Supply Company, aiding the homeless throughout the state with essential supplies.
The last 16 years have been a period of remarkable growth for food processing and restaurant supply company OSI Group. In 1992 OSI opened its first plant in Bejing China. Ten years later in the Shandong Province, the company opened OSI Weihai Poultry a feed mill capable of turning out 1.2 billion pounds of feed yearly. Weihai now breeds, raises, and processes chickens and has received a 3 Star Chicken Production Award.
The acquisition of the Chinese Poultry company Doyoo Group made OSI one of the largest purveyors of poultry in China. In India OSI’s Vista Processed Foods produces frozen vegetables for stores and restaurants. The Philippines based, GenOSI produces over 50 million pounds of chicken, beef, and fish for distribution to restaurants.
In 2012 OSI Group built a beef processing plant in Poland. That same year the company began processing chickens in Hungary. In the last year alone OSI has expanded into Germany by entering into a partnership with the Edeka supermarket chain and the Netherlands with the purchase of controlling interest in Baho Foods. In 2016 the British condiment producer Flagship Europe was brought into the OSI family.
In the US OSI paid $7.4 million for a closed Tyson Chicken plant. By purchasing the 200,000 square foot facility OSI saved 300 jobs in the Chicago area.
The man responsible for this impressive growth spurt is OSI Group CEO, Sheldon Lavin. A former investment banker, Sheldon Lavin was partnered with Arthur and Harry Kolschowsky the sons of OSI’s founder Otto Kolschowsky when he first joined the company. Ultimately, one brother sold his shares in the company and the other retired placing Lavin solely in charge.
Deciding that if he didn’t expand the company there was no point in his staying with OSI Sheldon Lavin embarked on a series of carefully planned acquisitions. Thanks to Lavin’s vision and drive Otto and Sons Inc. that had a few plants in the US when he came onboard now consists of 65 facilities in 17 countries. The OSI Group employee roster contains 200,000 names. An octogenarian Sheldon Lavin is not done growing OSI.
Real estate development has been taken seriously across different sectors of life. This has seen the rise of multinational real estate companies that have changed the face of the earth in the recent past. Hussain Sajwani is a real estate mogul that has created a vast empire out of his real estate company. He has also established a successful relationship with renowned personalities across the board including the president of the United States of America Donald Trump.
DAMAC Properties has a rich history dating back to the time it was founded and the strides it has made in the present years, as per Al Jazeera. With a rich portfolio of business ventures, the company remains among the most profitable entity in Dubai. DAMAC Properties was established in 2002, and since then the company has changed the living standards of people in Dubai, the Middle East, and the United Kingdom.
Nine Elms Property Limited is a subsidiary company of the greater DAMAC Properties. The firm is responsible for developing AYKON London One which is set to become one of the tallest residential building in London. Mina Al Sultan Qaboos in collaboration with the DAMAC, they have refurbished USD 1 billion tourist port with modern residential suites and hotels. AYKON Maldives Resort has been built by the DAMAC International Company Limited. Through this development, the company will establish a five-star resort hotel with over 100 luxuries suits.
Apart from real estate development, the DAMAC owner has also established other investment firms to complement other fields. Hussain Sajwani established DICO Investments Co LLC in 1992. The company offers professional investment services to clients. Currently, the firm manages over 3 billion dollars in assets. Other fields of interest where the DAMAC owner has invested in include the construction and building materials. He is the chairman of Al Anwar Ceramic Tiles Co. which is the largest tiles manufacturing company in Oman.
Hussain Sajwani has a vast interest in the catering industry because of his past history. DAMAC owner is the majority shareholder of the Al Jazeira Services Company since its establishment in 1997. Hussain Sajwani was born to an entrepreneurial family where his father owned a shop where he sold watches.
Full Report: https://www.eremnews.com/news/arab-world/gcc/906780