The Background Of The UAE Chairman
After leaving Abu Dhabi Hussain al Nowais schooled in Qatar. 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. On completion of his studies in the US, Hussain al Nowais joined the family business. The family business started as a trading organization and it was started by Hussain al Nowais’ grandfather.
The family business was able to grow in manufacturing and distribution through his contribution. Before Hussain al Nowais started any partnerships, he was first an agent to the companies. Hussain al Nowais got a huge opportunity after getting a contract to supply electrical equipment to one of the government departments.
Hussain al Nowais started acquiring failing companies with the skills he acquired as a businessman. Within a period of time, the failling company’s would start making a profit under his management. He focused on the food business and started restructuring them and this is what made them successful. Recession-proof industries such as the food business is what attracted him to do acquisition in the food businesses.
His method of turning failing businesses around included putting in place a qualified management team as well as the infrastructure of a business. The success of the businesses came about because the IT system was improved alongside other measures. Hard work and new ideas also contributed to the success the failing 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. Due to the interactions with different nationalities as he works in the UAE he’s able to appreciate culture better. He likes to spend time with his family when he has spare time.
Hussain al Nowais has a huge library in his house because he likes to read a lot. One of his favourite things to do is to travel and relax. Hussain al Nowais strongly believes in growth and would like to pass this on to his children so that they can always keep growing.
More ideas: useful content