Hussain Sajwani is the founder of the renowned DAMAC Properties. He founded the company in 2002 and still stands as the major shareholder and able Chairman. In the year of its founding, DAMAC Properties was a developer in real estate availing exceptional living experiences in the United Arab Emirates and Dubai. Today, DAMAC Properties is fully expanded and leads as one of the soughs out luxury developers with underway projects in various locations. Over the years, the company has greatly enriched its reputation by providing wonderful properties in the regions.
The expansion is measured by the investments made in most cases, Hussain Sajwani is not an exception in this since he has one great investment for a lifetime. DICO Investments Co. LLC is an investment arm by Hussain Sajwani. It was established in the year 19992 with a number of assets under its management. Apart from being the DAMAC Owner, Hussain Sajwani is the Chairman of the Al Anwar Ceramic Tiles Co SAOG. This is among the biggest and most effective ceramic tiles manufacturer in Oman. It does its marketing through the brand name of Al Shams. Hussain Sajwani is a great influencer and his efforts in investment cannot be underrated. He holds a significant sit in the Al Amana Building Material. He is a majority shareholder here. The firm holds a wonderful name in the provision of a variety of high-quality building materials, bathrooms, surface finishes, and floors. The company prides inability of providing a wide range of selection of well-known, quality, and internationally recognized brands in the global market. Moreover, Hussain Sajwani is a shareholder in Al Jazeera Services Company SAOG. It serves as a joint Stock Company for Omani.
Hussain Sajwani is perfectly known to be one of the greatest Emirati billionaires, chairman, a property developer, and founder of a top-notch development company. DAMAC Properties was ranked position one in the Forbes 2017 Global 2000 list. This list recognizes the fastest growing companies in the globally by looking at the compound annual growth rate in terms of revenues. In the rankings of Forbes 2018, Hussain Sajwani the DAMAC owner was the 4th world richest Arab having a net worth of approximately $4.1 billion.