An Overview of Hussain Sajwani

Damac is a successful property development company in the UAE. It is often associated with eye-catching marketing stunts and glitzy property developments. Most recently the company has been associated with Donald Trump and glamorous golf course projects. The Company is owned by world famous billionaire Hussain Sajwani. Read more: Hussain Sajwani | Newskira

Some background on Hussain Sajwani

Born in 1956, Hussain Ali Sajwani is a citizen of the UAE. He is the chairman and founder of Damac Properties, a global property development company. Hussain was one of Dubai’s property market expansion pioneers.

The DAMAC owner built several hotels in the 90’s in a bid to cater for the growing influx of people going to the city to do trade and business. Hussain Sajwani, an astute investor and businessman, has a proven track record. He has managed many successful forays in the global capital and equity markets.

Earlier investments

Sajwani’s flagship investment company is Dico Investments Co. LLC which was established in 1992. Al Anwar Ceramic Tiles Co and Al Amana Building Materials are his other interests with both having their headquarters in Oman.

He also owns Al Jazeira Services offering support and catering services. Hussain Sajwani has been a member of several boards such as the Emirates Takaful Company, Juno Online and Majan University College.

Relationship with Donald Trump

Donald Trump and Sajwani are friends and business partners. The two partnered to create the Trump International Golf Club that has racked up $2 billion in sales from luxury villas. Learn more about Hussain Sajwani: https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani and http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566

Hussain Sajwani stated that his ties to the Trumps extend beyond Donald as he also deals with Donald Jr., Eric and Ivanka. He added that all three children are involved. Hussain Sajwani believes that under their leadership Damac will not have a problem maintaining, growing and expanding their business relationship. He added that the children were keen on details and very protective of the Trump brand.

Donald Jr., Eric and Ivanka have all represented their brand to wealthy foreigners from Central Asia and South America to Turkey and Canada. Most of these foreigners are linked to powerful politicians.

Since 2010, Ivanka has posted on social media about some of the business meetings she has had in 13 countries.

The Background Of Anthony Petrello

Anthony Petrello is the CEO of Nabors Industries, Ltd. He has held this position since 2011. Since June 2011, Mr. Petrello has held the position of Chairman of the Board and Chairman of the Executive Committee of the Board.

Anthony Petrello has quite an extensive work background. He has previously held a position at the law firm of Baker & McKenzie. He is also the director of Stewart & Stevenson LLC and Hilcorp Energy Company. From 2003 until 2012, Mr. Petrello served as Deputy Chairman of the Board of Directors. He is also a Director of Texas Children’s Hospital, Inc. Mr. Petrello has also previously been Director of MediaOnDemand.Com.

Read more on FuelFix.com.

Anthony Petrello’s educational background is extensive as well His Bachelor of Science and Master of Science in Mathematics were earned from Yale University, and he earned a J.D. degree from Harvard Law School. Anthony Petrello has a total compensation package of over $27 million.

Nabors Industries Ltd. is a natural gas and Geothermal drilling contractor, which also provides onshore well-servicing. Nabors provides innovative technology, and has many subsidiaries. The company sells drives, wrenches and other drilling equipment. They are the largest land based drilling rig fleet in the world. They have high standards and a well trained work force and continue to set new standards of excellence.