What You Didn’t Know About The UAE Chairman
Hussain al Nowais was schooled in Qatar after leaving the hardships of Abu Dhabi. He later moved back to Abu Dhabi after His Highness Sheikh Zayed bin Sultan Al Nahyan took over power together with his family. Other families also returned to Abu Dhabi during this time.
While in Abu Dhabi, Hussain al Nowais was able to complete his high school education. After this, he went to the US to study Business Administration. 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. The supply of electrical equipment to one of the government departments was one of his big opportunities.
Hussain al Nowais became a skilled businessman and started focusing on the acquisition of companies. He would turn the failing companies around and make a profit with them. Through restructuring the food businesses that he acquired, they started making profits. Recession-proof industries such as the food business is what attracted him to do acquisition in the food businesses.
Hussain al Nowais was able to turn the failing businesses into successful businesses by putting in place a qualified management team and setting up the infrastructure of the business. He also improved the IT systems of the businesses and this contributed to the success of the businesses. Hard work and new ideas also contributed to the success the failing businesses.
It also took a lot of dedication and commitment to see results on the businesses that they were working on. With time, Hussain al Nowais was able to grow his food business and established a manufacturing food company. 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. Through working in the UAE, he interacts with different nationalities this gives him a better appreciation of the cultures that are around. When he can, he likes to spend his time with his family.
There is a huge library in his house because Hussain al Nowais likes to read a lot. One of his favourite things to do is to travel and relax. Hussain al Nowais likes to challenge his children to keep growing in the activities that they do.