DAMAC Properties is a Dubai-based real estate development firm. It was founded by Hussain Sajwani with the aim of constructing residential, commercial, as well as leisure properties. They have served large markets in Dubai and the Middle East at large.
Its headquarters are in Dubai, where they perform vital tasks from. Since its inception in 2002, DAMAC has been registering vast improvement. In January and February 2017, it issued 121 contracts. The enterprise has also partnered with several other initiatives to accomplish corporate goals.
Billionaire Hussain Registers an Interest to Strengthen Business Ties with Trump
Donald Trump’s real estate company, the Trump Organization, seems to have developed a healthy relation with Hussain Sajwani’s DAMAC Properties. It is even clear that the two principals spent the New Years’ Eve together. President Trump is said to have specially recognized the Dubai-based real estate mogul.
He described Sajwani Hussain family as “the most beautiful people.” Upon people raising issues in fear that Trump might develop undivided loyalties, Hussain clarified his mission. As well, Trump elucidated that he had committed to focusing on the presidency. On the other hand, Hussain Sajwani of DAMAC made it clear that he did not have any political interests. In fact, he even went on to disclose that his wife was a great friend to Ivanka Trump. Ivanka is exposed to the business world. She and her two siblings have the full capacity to run their firm and protect their brand. Learn more about Hussain Sajwani: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board
Factors Promoting DAMAC’s Consistent Growth
The entire UAE recognizes DAMAC as the pioneer of showy properties. The success is attributable to the founder, Hussain Sajwani. Before he became prominent, he had been exposed to various working conditions. He even remembers working for Americans in Somalia, Bosnia, and the Gulf.
Donald Trumps’ presidency is expected to boost their brand. Hussain expects that their initiative will register significant increase. From the progress, the two real estate moguls are to continue strengthening their relationship. Read more: DAMAC Chairman Relishes His Roots
It is fascinating to learn that their relations started way before Donald became the U.S president. As such, it should not bring issues of Trump suffering from divided interests, since his family is well acquainted with Hussain Sajwani’s.