Hussain Sajwani, the founder of the internationally renowned Damac Group is an Emirati businessman with a wide range of business interests. The Damac Group is known for developing high end properties, luxury apartment blocks and prestigious golf courses. Hussain Sajwani began his enterprise in the food industry and provided food services for American troops during Operation Desert Storm. The headquarters of the company is in Dubai, UAE.
After running a catering company that provided a food service for US troops from 1982, Hussain Sajwani started the Damac Group in the year 2002. He started the Damac Group one year after Dubai allowed foreigners to own property He began to develop large apartment complexes. He is known for marketing his luxury apartments by giving extravagant bonuses including a Lamborghini for those who buy his apartments. He has branding agreements with brands including Versace and Bugatti. The Damac Group has grown to become one of the best known real estate development companies in the UAE. They have also become the largest hotel apartment developers and operators in the world. The off plan marketing strategies adopted by Sajwani is the key to the company’s success.
Hussain Sajwani has collaborated with Donald Trump and his children to build the Trump International Golf Club. He maintains a good relationship with Trump’s children and looks forward to developing more properties in collaboration with them. Though he works in collaboration with the Trump family, he is not involved in politics. His relationship with the Trumps is only with a view to collaboratively develop properties.
The Damac Group and Hussain Sajwani have not only developed major luxury properties across the UAE but have also made efforts to help the needy. The ruler of Dubai has launched an initiative this Ramadan to clothe needy children across the world. Hussain Sajwani has donated two million AED for the initiative with a view to providing clothing for over 50,000 needy children across the world.
Hussain Sajwani is an astute entrepreneur with a generous heart. He not only works to make his business grow but cares enough to make the needy smile.
Over at this website: https://www.zawya.com/mena/en/story/Chairman__CEO_of_DAMAC_Properties_Hussain_Sajwani_top_real_estate_CEO_in_the_GCC-ZAWYA20170413102709/
Today, most businesses are primarily concerned with taking and taking from the masses. Very few entities pay any focus to the betterment of the communities they operate in. Corporate social responsibility has lost all meaning to many companies, which have now scaled back the giving back endeavors. In essence, however, rewarding the masses and expecting absolutely no financial gains in return remains one of the most effective avenues of attracting and retaining your clients. If you doubt it just look at the progress of the philanthropic firm, Boraie Developments Inc.
Reputation and Image
The merits associated with giving back are many and varied. These perks include an improved company reputation. Additionally, your brand benefits from the valuable networking experience. Not all businesses and successful individuals are stingy with their wealth, however. Here’s a tale of one selfless and benevolent real-estate baron called Omar Boraie. This realtor is unlike no one you’ve ever met. He is one of the most generous people in New Brunswick and New Jersey.
Who is Omar Boraie?
According to NJBiz, Mr. Boraie is one of the most successful immigrants to ever invest in the US property market. Omar is the present V.P of Boraie Development and he’s also the founding father of the establishment. This seasoned entrepreneur moved to the USA, from Egypt, many years ago with the same dreams and aspirations everyone else has coming to the states. Omar had grand plans to someday transform into a titan of the construction sector and he was prepared to do whatever it took to get to the very top. More details can be found on his Crunchbase profile.
Turning Wastelands into Prime Properties
Upon his arrival to the US, however, Boraie was shell-shocked to witness the derelict state of some of the neighborhoods in his home state, New Jersey. He honestly didn’t expect to find rundown regions in the first world country but that was the case. In an article on NY Times, the entrepreneur took a great risk by purchasing properties in the appalling neighborhoods in New Brunswick. That was even after receiving plenty of warnings from the other stakeholders in the area. The latter cautioned him against sinking all that money in the region as his projects would most probably never break-even.
Being the determined professional he has always been, Omar opted to go with his instincts and alas! His huge gamble turned out to be one of the best financial decisions he’d ever taken. Today, Boraie Development has undertaken and completed a ton of mega projects all over the city. His company has forever transformed the landscape of the once-sleepy city of New Brunswick. And, his charity work has contributed towards the raising of the quality of life for the struggling folks who call New Jersey home.
Read more: https://www.bloomberg.com/profiles/companies/0601263D:US-boraie-development-llc