DAMAC Owner Hussain Sajwani Multi-Billion Business Deals with Donald Trump

Hussain Sajwani, the legendary owner of DAMAC and Dubai real estate developer worth $4.3 B, is ready to partner with President Donald Trump in more housing projects. In 2013, Hussain and Trump were the joint developers of two golf courses bearing the Trump brands-The Trump World Golf Course, that will open in 2018, and the Trump International Golf Course, which opened its doors to clients in February 2017.

 

At the beginning of Trump’s presidency, Sajwani presented to Trump a $2 billion offer in real estate project in Dubai. However, Trump rejected the deal to avoid conflict of interest. President Trump had promised never to make new investment deals during his term in office.

 

Hussain Sajwani Family and Donald Trump

 

The relationship between Hussain Sajwani and Donald Trump goes back many years. In an interview with NBC News, Sajwani explained his connection to the Trumps long before Trump won the presidency. “Trump’s sons Donald Jr. and Erick and daughter Ivanka are close to our family,” said Sajwani. Ivanka visits Mrs. Sajwani, and the two ladies communicate on e-mail quite often. Learn more: https://www.youtube.com/watch?v=GJxJrIkRTzk

 

Hussain Sajwani- “A Very, Very, Very Amazing Man”

 

Immediately after being elected, the U.S. president described Sajwani, the DAMAC investor, as “a very, very, very amazing man.” Sajwani, who the media describe as the “The Donald Trump of Dubai” appeared among the Forbes 2017 list of the top 10 billionaires in the Arab world.

 

Born in 1952 to a business father, Hussain grew up watching his parent run a shop for Chinese imported watches, shirts, and Parker pens. Later, Sajwani won a government scholarship to pursue a bachelor’s degree in Industrial Engineering and Economics at the University of Washington.

 

Hussain Sajwani’s Career and DAMAC

 

In 1981, Sajwani began to work at the finance branch of the Abu Dhabi Gas Industries. In1983, Hussain began a catering business, the Global Logistics Services, with the U.S. military as his customers. Sajwani’s property development company, DAMAC Properties, began in 2002. The DAMAC owner has built 19,000 apartments as of 2017 and with more than 44,000 units under construction. Sajwani is among the 100 most influential Arabs globally, according to Gulf Business