The real estate guru, Hussain Sajwani, has a close relationship with President Donald Trump. They have worked together on different projects. The two, who celebrated the New Year’s Eve together, partnered to develop the Trump Golf Club where luxury villas made close to $2 billion in sales.
Owing to concerns of possible conflict of interest, the new President promised not to do business while serving the people of America. This does not mean the end of their friendship since Hussain’s relationship with Donald Trump extends to his three children.
While talking to NBC, Hussain Sajwani said that he would still partner with Trump’s children to expand and grow their businesses. He added that his wife is a close friend of Ivanka, Trump’s daughter, and they visit each other often.
The children have marketed the brand to affluent foreigners from Canada, Turkey, South America and Asia. Hussain met Trump during his launch of the Washington Hotel. After interacting, he became aware that once he won the election, he would hand over the management of his businesses to his children. Read more: Meet Our Baord | DAMAC Properties
Hussain was prepared to start transacting businesses with his children, especially Ivanka, whom he met immediately after the elections. During the New Year’s Eve celebration, the president recognized Hussain and his family, calling them “the most beautiful people.” Sajwani said that their brand would continue to be stronger.
About Hussain Sajwani
Hussain Sajwani is the founder and chairman of DAMAC Properties, a global property development company. Through DAMAC Properties, Hussain has been able to develop properties in other countries. The entrepreneur was among the pioneers of the property-market expansion in Dubai in the mid-90s.
The increasing influx of people coming to the emirates for business was the drive behind his construction of hotels. DAMAC properties played a pivotal role in accommodating the growing population.
Hussain has had a distinguished career in global equity and capital markets. In 1992, he established DICO, his flagship investment company. In addition, Hussain Sajwani established Al Amana Building Materials, Al Anwar Ceramic Tiles Co. and Al Jazeira Service.
He serves on the boards of several companies, including Majan University College, JUNO Online in New York, Oman and Emirates Takaful Company in Abu Dhabi.
As an active contributor to noble causes, Hussain and his company, DAMAC Properties, support various charitable causes and community initiatives. DAMAC Properties continues to develop high-end properties in the Middle East.
Learn more about Hussain Sajwani: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots