The Success Story of UAE Businessman Hussain Al Nowais
Hussain Al Nowais is a global entrepreneur and also doubles as a business strategist. 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 highlights the success and life of Hussain Al Nowais.
The Background of Hussain
Hussain Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies.Hussain has seen both the good and bad times. He is currently the chairman and managing director of the Emirates Holdings. He began his trade earlier when his grandfather was a small scale supplier operating family chains of business. During his earlier years, he worked as an agent, and after some time, he could rise to become a partner.
Beginning of career life
He worked as a trainee in one of the investment banks in New York. While studying in the US, he interacted with people from different nationalities helping to create business perceptions about them. It is through studying in the United States that he developed a passion for business and took advantage of the business gaps.
His major success in Business
His breakthrough came when he was awarded a contract to supply the government department with electrical materials. He has several companies under his name because he acquired several of them which were performing poorly and made them successful. Hussain Al Nowais had an urgent need to solve the food crisis in his hometown and that made home venture into the food industries.It is at that time that he formulated the Federal Foods that boast of 500 staffs.
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. Al Nowais can be found in his home library sampling most books. 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.