At his New Year’s Eve party in 2016 one of the few groups of guests to be name checked by then President Elect Donald Trump was the Hussain Sajwani family who had arrived from Dubai to celebrate with the current President and his family at his impressive Florida estate. The invitation to impressive parties held by the most powerful politician in the world came at a time when the Dubai based DAMAC owner Hussain Sajwani was looking to tempt the Trump organization into exploring a range of new opportunities in luxury real estate with plans for up to $2 billion in planned golf course developments.
The need to cultivate new business opportunities is something Hussain Sajwani has been doing since the 1980s when the food service aspect of the Dubai based empire was established. Food service remains part of the DAMAC business Sajwani has been carefully moving towards since he began providing catering services to U.S. military personnel and international businesses bringing their employees into the Middle East; Hussain Sajwani has been looking to create new golf course developments with the Trump organization in recent years as the success of the Trump name has allowed Sajwani to move into a new era of success as a close business ally of the U.S, President.
After breaking into the luxury real estate industry the DAMAC founder has set out to develop his business with an exciting and individual business model where no loans are held on land used to construct new properties. Hussain Sajwani has also been a supporter of the regulatory authorities in the United Arab Emirates where the real estate industry has overcome the financial crisis of 2008 and returned to rude health. Sajwani himself survived the financial crisis with relative ease as he had already determined each individual real estate development was created with its own financial plan allowing it to be separate from all other developments created under the DAMAC banner.
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