The Background Of The UAE Chairman
Hussain al Nowais schooled in Qatar after leaving 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. During this time, other families also returned to Abu Dhabi.
He completed his high school education while in Abu Dhabi. 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. He focused on the food business and started restructuring them and this is what made them successful. The reason he ventured into the food business was because they were recession-proof industries.
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. 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.
The businesses that they took over required a lot of commitment and dedication and they were able to do this to turn them around. As time went by, Hussain al Nowais established a manufacturing food company which had many employees. He made several proposals on the improvement of UAE business practices when it came to investment opportunities in 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. Hussain al Nowais enjoys family time and he does this when he has time off work.
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 strongly believes in growth and would like to pass this on to his children so that they can always keep growing.