At Donald Trump’s massive 2017 New Year’s Eve party, one VIP guest was specifically introduced during his opening speech, his business associate and fellow real estate developer Hussain Sajwani. Trump gave the Dubai mogul, who got his start catering meals for American military personnel during the Iraq War, and his family a brief shout out, calling them “the most beautiful people.”
Trump and Hussain Sajwani partnered up on Dubai’s Akoya golf course. According to Sajwani, his interest in working with Trump was strictly business, adding that he stays out of politics and thinks that the Trump Organization is the authority on golf courses. A second Trump International golf course in Dubai is in the works, also a joint venture between Trump International and DAMAC, Hussain Sajwani’s company. The new course will feature Bugatti-branded villas, with each apartment will including a space near the living room for owners to showcase their Bugatti. Hussain Sajwani is reportedly interested in continuing his business relationship with Trump, although Trump has declined the offer.
Sajwani’s company, DAMAC Properties, was the first Middle Eastern corporation listed on the London Stock Exchange, raising $500 million in global depository receipts. Since Hussain Sajwani founded the company in 2002, DAMAC Properties wa has become one of the most important developers in Dubai, with countless high-profile commercial, leisure, residential projects all over the Gulf region and the world. Over the last fifteen years, the firm has cemented its reputation in Dubai and expanded throughout the Middle East into North Africa, Jordan, Lebanon, Qatar and Saudi Arabia.
It remains to be seen whether Hussain Sajwani and DAMAC will continue launch additional projects with the Trump Organization and Trump International now that Trump is president. One thing is for certain, though, DAMAC will continue to be the United Arab Emirate’s leading real estate development firm under Sajwani’s leadership.