What You Didn’t Know About The UAE Chairman
Hussain al Nowais was schooled in Qatar after leaving the hardships of Abu Dhabi. When His Highness Sheikh Zayed bin Sultan Al Nahyan took over power, he moved back there together with his family. With the change of power, other families returned to Abu Dhabi.
Hussain al Nowais was able to complete his high school education in Abu Dhabi. Hussain al Nowais studied Business Administration in the US after completing his high school education. He joined the family business after his studies in the US were completed. The family business of Hussain al Nowais’ family started as a trading organization.
He played a key role in the functions of the business especially in the improvement of manufacturing and the distribution of the family trading company goods. Before Hussain al Nowais started any partnerships, he was first an agent to the companies. The supply of electrical equipment to one of the government departments was one of his big opportunities.
Hussain al Nowais started acquiring failing companies with the skills he acquired as a businessman. Under his management the failing companies were able to make a profit and grow. He focused on the food business and started restructuring them and this is what made them successful. The reason he ventured into the food business was because they were recession-proof industries.
By setting up the infrastructure of a business and putting in place a qualified management team, he was able to turn failing businesses into successful businesses. He also improved the IT systems of the businesses and this contributed to the success of the businesses. Through new ideas, the team was able to do a lot of hard work and they were able to turn around the failing businesses into successful and profitable businesses.
Through commitment and dedication, they were able to see results on the businesses they took over. With time, Hussain al Nowais was able to grow his food business and established a manufacturing food company. His contribution to the UAE are his proposals to improve business practices in investment opportunities when trading.
He’s a man who likes the challenge of growing companies. Through working in the UAE, he interacts with different nationalities this gives him a better appreciation of the cultures that are around. When he can, he likes to spend his time with his family.
There is a huge library in his house because Hussain al Nowais likes to read a lot. When he can, he is likes to travel and relax. What Hussain al Nowais would like to pass on to his children is that they should always keep growin in what they do.
Cite: Resources