Hussain Sajwani is the CEO and chairman of the board of the DAMAC group of companies. Today, DAMAC is known mostly for the luxurious apartments it builds and its impressive marketing gimmicks such as buy one apartment get a Bentley free. Few people actually know where DAMAC’s success actually started.
Before getting into real estate, the DAMAC group only did food services. They worked with the American government to deliver food to their soldiers at the war front. While doing this food business, he learnt the one thing that sets him apart from other business men; the importance of having high powerd friends on an international scale.
What you do with the opportunities that are presented to you will either make you win or lose. When Hussain Sajwani learnt about the new policy that allowed foreigners to acquire property in the emirates, he saw a business venture. He knew the wealthy will be looking to own at least an apartment in the emirates. He therefore bought land and built luxury apartments on it. His hunch was not wrong. For his first construction, the apartments were sold out six months before the construction begun! This was only the beginning his success in the real estate business.
Hussain Sajwani has plans to take the DAMAC group even further in business. Considering the strong foundation he laid for the business in its early stage, a merger between his company and Donald Trump’s company will propel them miles forward. He recently expressed his interest in signing a deal with Trump’s company to build a world class golf course. The golf course which will be designed by tiger woods is meant to be one of its kind and is hoped to fetch the owners millions at worst.
However, some Americans have expressed concerns over their president’s loyalty if the business deal goes through. Who will he be loyal to? His multibillion deal or the state he now leads? The DAMAC owner in response to this concern, said that his relationship with the Tumps go beyond business. His wife and Ivanka ate friends who spend a lot of time together. This has seen the two families travel back and forth to have dinners and celebrate life together. Therefore, regardless of President Trump’s vow to keep off any business deals during his time as president if the US, the deal will still go on. With the children in charge, all the signatures, meetings and decisions will be handled by them. Therefore the deal has no effect on the US presidency.
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