DAMAC Group is associated with many high-end developments in the Middle East. Recently, the company hit the headlines for its partnership with Donald Trump’s company. The partnership resulted in the development of luxurious properties, including the Trump International Golf Club Dubai. In addition, the UAE-based company engages in other fields such as the hospitality industry.
Hussain Sajwani is fond of the company’s humble beginning. The 57-year-old talks about the company’s first business activities like it were yesterday. The company started operations by serving as a food service company to the United States army during the Operation Desert Storm. Its outstanding services in the campaign saw the company receive a special plaque marking from the army. It also earned the company the opportunity to continue providing its services to soldiers involved in other operations. DAMAC Group worked alongside major American companies like Bechtel in Bosnia, the Gulf, and Somalia.
Twenty six years later, food business remains an integral part of DAMAC Group. The business is a testimony to Hussain Sajwani’s business expertise and his ability to make friends on an international scale. This ability is still conspicuous even today given his partnership with Donald Trump. Over the years, the president’s family and Hussain Sajwani family have maintained cordial relationships. The depth of this friendship was proven when the DAMAC owner received a special mention during this year’s New Year Eve speech, which was made by President Trump. Hussain Sajwani and his family were invited to the diner party that was hosted by the American president.
Although DAMAC Group suffered after the 2008 economic crisis, the recovery of property prices in UAE helped the company to recover and start working towards making more investments. Hussain Sajwani plans to take advantage of the boom and oversee the company’s initial public offering (IPO). The shares will be publicly traded on the London Stock Exchange. However, the business leader is not saying much about the planned IPO. Hussain Sajwani does not talk about the IPO saying that it is premature given that experts are yet to finalize on its planning.
DAMAC joined the real estate industry during the boom of 2002. This is because of the influx of wealthy visitors from the Soviet Union. Hussain Sajwani knew that he needed to capture such clients in order to succeed in the business. He began developing top-of-range properties and marketing them aggressively. Over the years, he has managed to expand DAMAC Group’s operations in the UAE, Saudi Arabia, Lebanon, Turkey, Egypt, and Qatar.
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He has been involved or is involved in capital investment, telecommunication or real estate ventures. The companies he has been working with are Splash Media, Blue Jay Wireless, Global Tec Solutions, Reliant Healthcare, Uncle Marc Food Delivery and Agent Matrix among others. He is currently the head of Timber Creek Capital LP a firm that turns entrepreneur’s dreams into revenue -generating products. Some of the services offered by the company include capital, sales and marketing, legal, office space, banking and accounting. Learn more: http://sparktankdfw.com/
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For over 20 years, Marc has been involved in life-saving projects in Texas County. Some of the organizations he is involved with includes:
- Mommies in Need- an organization offering temporary and free care to children whose mothers are unable to care for them due to a health crisis.
- The Centre for Animal Research and Education (CARE)- CARE rescues, nurtures and rehabilitate sick, abused or injured cats.
- Dogs Matter- it cares for pets of addicts and alcoholics who are undergoing treatment.
- Carpenters for Christ- its primary purpose is to improve and build homes in Texas so as to eradicate dangerous housing.
- Habitat for Humanity- the organization constructs safe, affordable and decent homes for people.
- The Samaritan Inn- it is a homeless shelter that houses 160 residents for about five months and offers them programs such as counseling, job placement, financial education, health and family services.
What sets Marc apart?
His values are what sets him apart from the rest. He believes in passion, focus, faith, sense of urgency, treating people fairly and with honesty and respect. Marc leads by example and is a man who defines rich as having a healthy family, happy employees, excellent health and building successful businesses from scratch and serving satisfied customers.