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 was raised in Abu Dhabi, UAE where he gained his business skills. The article highlights the success and life of Hussain Al Nowais.
The Background of Hussain
Hussain went through his primary and high school studies in his home country and went to the United States for college lessons. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. His status as a chairman in Emirates holdings contributed to his international limelight. He began his trade earlier when his grandfather was a small scale supplier operating family chains of business. 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 attributes his success to the exposure by meeting people from the different cultures. 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
Hussain Al Nowais gained stability in the business world after he was awarded a tender to supply electric components to a government body. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. During the recession time during the gulf war, he saw the need to fill the gap due to food shortage. The idea led to the formation of Federal Foods Services that offers solutions to millions of the citizens.
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. He enjoys most of his time with his family and loves to travel.
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. He is a director of various companies such as the MENA infrastructure funds and Rotana Hotel Management Corporation Limited. Hussain Al Nowais is also a board member of several other organizations and businesses.
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