Trump Greets Dubai Developer Hussain Sajwani on New Year’s

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.

 

 

 

 

 

 

Hussain Sajwani, the Man Behind DAMAC Group

DAMAC Group is one of the largest business groups of Dubai. The group is also operating in twenty other countries. Hussain Sajwani is the Chief Executive Officer, Chairman, and Founder of DAMAC Group. With three decades of experience, Sajwani has become an entrepreneur of international fame. He knows everything related to the development of property business which includes marketing, sales, legal issues, finance, and administration. The success of DAMAC Group is based on these factors. Currently, the group is working huge projects in big cities like Dubai, London, Abu Dhabi, Doha, Amman, Beirut, Jeddah, and Riyadh. When it comes to global equity and capital markets, Hussain Sajwani is considered a successful businessman and investor. He enjoys a good portfolio in many regional and international markets.

They include Majan University College in Muscat, JUNO Online in New York, Emirates Takaful Company in Abu Dhabi, and Al Ahlia Insurance in Bahrain. Sajwani is regarded as the pioneer of the expansion of Dubai’s property market. In the 1990s, a great number of people were coming to UAE for business and trade. He realized there was a shortage of hotels to accommodate them. Therefore, he built various hotels for this purpose. After realizing the opportunity, he founded the DAMAC Properties in 2002. Today, the largest property development company in the Middle East is DAMAC Group. Over two thousand people work in the company, and it is a successful name on Dubai Stock Market.

American President Donald Trump and Husain Sajwani are business partners. Trump Organization and DAMAC Group are working on various deals. Their major project includes Trump International Golf Club. The luxury villas at the club were quickly sold raising a revenue of two billion dollars. According to Sajwani, Trump’s presidency is not going to affect their terms as Trump’s children are deeply involved. At Mar-a-Lago, Sajwani and Trump celebrated New Year’s Eve together. Sajwani is also a philanthropist. He donates a huge amount of money for providing clothing to underprivileged children in the world.