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. During this time, other families also returned to Abu Dhabi.
He completed his high school education while 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 grandfather of Hussain al Nowais started the family business as a trading organization.
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. Failing food businesses started making a profit after restructuring was conducted by Hussain al Nowais. 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. Through improved IT systems, the businesses became successful. 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.
It also took a lot of dedication and commitment to see results on the businesses that they were working on. As time went by, Hussain al Nowais established a manufacturing food company which had many employees. Hussain al Nowais has been on the forefront of trying to make improvements on UAE business practices especially when it comes to investment opportunities during trading.
Hussain al Nowais enjoys growing companies because he likes the challenge of turning failing companies around. Hussain al Nowais appreciates cultures better because of his interactions with different nationalities as he does his work in the UAE. When he can, he likes to spend his time with his family.
Hussain al Nowais has a huge library in his house because he likes to read a lot. When he can, he is likes to travel and relax. Hussain al Nowais likes to challenge his children to keep growing in the activities that they do.