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. Coming from a humble background in Abu Dhabi, UAE, he attributes his success to his efforts and persistence.The article explores the success of this UAE businessman. The following are some of the key details that you should know about Hussain.
The Background of Hussain
Hussain Al Nowais completed both his primary and secondary studies in UAE before flying abroad in the US for his college studies. It has not been an easy journey for the entrepreneur as, during his early years, his family was exposed to harsh times. He is known for his position as a chairman of the Emirates Holding. He mastered his skills in business after inheriting some of the skills from his grandfather who was running some small-scale companies.During his earlier years, he worked as an agent, and after some time, he could rise 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 gained his first degree in Business Administration while at the Lewis and Clark College in Oregon in 1979. It is through studying in the United States that he developed a passion for business and took advantage of the business gaps.
His major success in Business
One of his breakthrough businesses was when he successfully secured a chance to provide a government agency with electrical equipment. He also developed a passion for acquisition whereby he bought the falling firms and established them to be beneficial. His ability to offer solutions to his country saw him establish a food company during the recession period in UAE. He practiced his management skills by creating the Federal food and applied technology to ensure that his services reached a vast number of people.
Apart from his busy lifestyle, he is a father of three children. he has a vision for children, and he wants them to succeed and offer different opportunities to other people. Hussain Al Nowais is an avid reader who has a library in his house. He enjoys most of his time with his family and loves to travel.
He is the chairman of Al Nowais Investments LLC, Federal Foods, Dan way Engineering, Eircom, Addax Bank B.S. C, National Petroleum Construction and Waha Capital PJSC. Some of the businesses that he directs include the Rotana Hotel Management Corporation Limited, Spinneys Limited among others. He also acts a board member in a long list of companies.