Monthly Archives: August 2018

Hussain Sajwani/DAMAC Owner

Hussain Sajwani based DAMAC Properties at 2002; he remains the vast majority shareholder and its own Chairman. DAMAC Properties was created in 2002 as a luxury property developer providing unrivalled living adventures in Dubai, the United Arab Emirates. The business has grown to become one of the leading luxury developers, together with projects spanning the GCC, the broader Middle East and the uk. Having a lasting enthusiasm for quality and design, the business has established a reputation for producing some of the most famous and desired properties in the area.

Following a brief interval, he established his own company and in 1982 began his own catering enterprise.

From small beginnings, the leasing department has grown from strength to strength and now is a market pioneer managing over 200 jobs and serving over 150,000 meals per day in many of markets such as the Middle East, Africa and the CIS. Along with servicing building campsites, military camps, educational establishment, five-star resorts and onshore / offshore places, the branch specialises in supplying ancillary services such as camp management, upkeep and maintenance supply.

Sajwani was also among the pioneers of this house market growth in Dubai. From the mid-90s, he constructed several resorts to accommodate the rising influx of people coming into the emirate to conduct trade and business.

Sajwani’s know-how and experience within the business of real estate development from advertising, sales, legal, finance, and management is among the essential drivers of the organization’s success and now, DAMAC Properties has many prestigious jobs in key worldwide cities such as Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh and London.

The business has among the best track records in the luxury property development market and thus far has given over 20,880 houses, using a growth portfolio of over 44,000 units at different phases of preparation and advancement.

As a major manufacturer on the current market, DAMAC Properties has joined forces with some of the very used fashion and lifestyle brands to deliver exciting and new living theories to the marketplace. Projects incorporate a Tiger Woods constructed golf course, which is handled by The Trump Organization, luxury flats with insides by Italian fashion-houses Versace Home and Fendi Casa, stylish baths with interior design by Just Cavalli, luxury villas styled by Bugatti, and distinctively conceptualised Paramount Hotels & Resorts to provide ventilated living in its most opulent.

Back in October 2011, DAMAC Properties established its hospitality branch’DAMAC Maison’, which will offer bespoke solutions to residents in over 15,000 serviced hotel rooms and hotel apartments. This will place the Company among the greatest hotel operators and programmers in the area.

The extraordinary development of DAMAC could be attributed to the vision and entrepreneurial abilities of Sajwani. Listed among the 100 most internationally influential Arabs, he’s the proven capacity to move a company vision into corporate fact; and also to provide the direction required to keep continuity and expansion.

As an astute businessman and investor, DAMAC Owner Sajwani additionally has an established history of successful forays to the international equity and capital markets. He holds investment portfolios of securities in many of regional and international markets.

DICO Investments Co LLC is the flagship investment Business. This provider focuses on investments in private pensions, mergers, and acquisitions and retains majority and minority holdings in publicaly traded firms and is always searching for value propositions from the regional and global investment spheres.

According to akhbarak.net, other regions of company interest for Sajwani are at the area of trading, including Al Amana Building Materials, located in Oman, which represents world-famous names such as Villeroy & Boch, Grohe and Dorn Bracht, to mention a couple. A additional small business interest within this discipline within his portfolio is Al Anwar Ceramic Tiles Co, the very first and one of just two tile producers in the country.

The business was recorded in 1997 and since that time has produced remarkable results in changing marketplace conditions.

Sajwani resides in Dubai together with his wife and four kids.

Sajwani’s website: https://hussainsajwani.com/ar/


Why Randal Nardone Commands Respect in Fortress Investment Group

When people are discussing Fortress Investment Group, the name Randal Nardone always comes up. The businessman is always mentioned because he has been present in most of the company major projects, and he has been the top and influential people who have been with the company since the first day it came into the market. Randal Nardone is recognized because he believed in the company when it was still very new in the market and chose to stick around when everyone in the market was only interested in making profits. While many people refused to work for the company when it was still in its foundation stages, the businessman chose to sacrifice all of his time to ensure that consumers were getting enough services.
Working with Fortress Investment Group has been rewarding for the investor and the other people who founded the large organization more than two decades ago. Nardone has been there when the institution had to make tough decisions and at the same time enjoy its achievements. His commitment to the company despite the tough times the market has been experiencing shows that Nardone loves his job. The determination Randal Nardone has been showing to the community is not available in any part of the world.
Last year was a great time for the American based businessman. The businessman was announced to be among the coveted billionaire list. The Forbes billionaire list is always respected by the people from all walks of life. Most of the people on the list are quite wealthy, and they must show all their wealth so that they can be listed. According to the billionaire listing, Randal Nardone is worth over two billion dollars. All of his respect comes from the fact that the businessman has made his wealth from scratch. The businessman started to show his commitment to work when he was very young, and he did not take chances to ensure that his career was successful. Nardone has also shown all the other finance executives in the world that it is possible for them to be honest when serving their customers. The businessman is also a great leader. Fortress Three Top Executives Split $44 Million Bonuses In 2015


Operating in a Chiefly Manner: Mike Bagguley

Mike Bagguley earned his undergraduate degree in mathematics from the University of Warwick in 1988. He has been a trailblazer ever since beginning his career in finance. Mike Bagguley crunchbase profile elaborates on his accomplishments and recent news. He started his service in Barclays Bank in 2001 in the fixed income trading sector. Serving as the current Chief Operating Officer at the London known Barclays Investment Bank, his reputation precedes him. He became COO of Barclays in 2015 and before this was the head of macro products within the organization. Mike Bagguley’s total experience with Barclays is over 15 years and counting. His current position seeks him to speed up the banks delivery of overhaul. Having such a large task at hand illustrates his value to the company as well as his previous accomplishments while working there. Formerly his main focus was restructuring business in the macro department like interest rates and other investment happenings. Now he will be leading main projects in every part of the Barclays Bank. Upon receiving his promotion he immediately assumed responsibilities of his new role. A major goal and vision of the company is to increase profits while simultaneously reducing risk costs and factors. Mike Bagguley’s expertise in financial stress alleviation will assist him tremendously in his new role. As Barclays Investment Bank sets out to improve the turnaround within the company they also will set out to create thousands of employment positions. This process will span over three years and will cut down on costs for the bank as they head in a new direction. Mike’s resume and track record states that he is a sharp individual and is efficient in his field of work.

https://www.wsj.com/articles/barclays-names-mike-bagguley-as-chief-operating-officer-of-investment-bank-1447758213


How Hussain Sajwani Built a Real Estate Empire with DAMAC

Hussain Sajwani is the originator of DAMAC Properties, Inc., a Dubai real estate development and management company. The company was formed in 2002 when The United Arab Emirates passed a piece of legislation that allowed foreign nationals the opportunity to purchase property in the Emirates and live there.

Sajwani predicted that this would create a land boom and he wanted to be right out in front of it. He began to purchase land and promote his new luxury apartment living accommodations. He correctly surmised that there would be many immigrants who would have money, so he wanted to promote the best luxury living quarters possible.

He was a master salesman and his advertising was second to none when it came to putting forth the most high-end and luxurious accommodations. For example, “A New Bently For Each Luxury Apartment,” was offered liberally in his ads and it was a promise kept. He brought in the best designers, builders, and architects from around the world and the whole effort was a great success. His first project was sold out before any construction was even started.

According to Arab News, Sajwani had good training when as a young schoolboy, he worked after school for his father in the family variety store. The hours were long, but he had the chance to really get to know customers and how they thought and functioned. As a boy, however, he thought the hours were too long, so he just knew that he would never be a businessman.

An early project in the mid to late 1980’s was a catering company that sold meals to the US Army and subsidiaries. This venture was a great success and is still a part of the business structure owned by Sajwani. Sajwani learned how to manage a larger company with this experience and he made very important international contacts that would serve him well later.

Today, many family members have moved into key management positions and Sajwani (@hussainsajwani) is able to spend more time in overall, broadscale planning for the company. There are always new projects in the offing as well as the demand for Sajwani’s time in advising key partners and political leaders. See this YouTube video featuring Sajwani and DAMAC.

Discover more here: https://www.forbesmiddleeast.com/en/tag/hussain-sajwani/


Stream Energy: Helping Hurricane Victims and Other Philanthropic Activities

More companies in the United States are launching their philanthropic arms to help those who are in need. One of the most recent examples would be the launching of Stream Cares by Stream Energy, a Dallas-based energy producing company that has been serving states on the eastern coast.

One of the reasons why there is an increase in the number of philanthropic efforts from companies is because of the prevalence of natural disasters. The United States is being hit by strong hurricanes multiple times per year, and these disasters are causing a lot of damage and loss of life. The issue with climate change has also highlighted the power of 21st-century hurricanes, and they are eerily stronger than the older counterparts. Scientists are saying that these hurricanes will keep on becoming stronger, and humans would need to learn how to adapt against these disasters. Hurricane Katrina and Hurricane Sandy are some of the most disastrous hurricanes to hit the United States. When Hurricane Harvey hit the state of Texas and left billions of dollars in damages, Stream Cares is one of the first organizations to help the victims who have affected by the storm. They staged recovery and rescue efforts, and they also have extended assistance to those who are having financial burdens. Another philanthropic activities spearheaded by the company was the partnership with Hope Supply Co. to address the problem of homelessness in Dallas.

Aside from participating in a lot of philanthropic activities, Stream Energy is also serious in expanding their operations in other states. Delaware is the newest state in the list of areas that the company services and the local population welcomed the addition of Stream Energy as one of their providers. The states in the Northeastern United States have been experiencing energy shortage, and they stated that the energy which will be provided by Stream Energy would help thousands of households across the region to harness affordable and reliable power. The chief executive officer of Stream Energy, Larry Mondry, stated that they are still planning to include more states in the areas that they serve, and they are looking for potential candidates.

 

http://releasefact.com/2018/02/stream-energy-helped-harvey-victims/