The Background Of 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. With the change of power, other families returned to Abu Dhabi.
Hussain al Nowais was able to complete his high school education in Abu Dhabi. Hussain al Nowais studied Business Administration in the US after completing his high school education. Hussain al Nowais went to work for the family business after his studies in the US were completed. The grandfather of Hussain al Nowais started the family business as a trading organization.
When he joined the family business he was able to improve the manufacturing, and the distribution of the trading company. Hussain al Nowais worked in companies as an agent and later started partnering with them. Hussain al Nowais got a huge opportunity after getting a contract to supply electrical equipment to one of the government departments.
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.
By setting up the infrastructure of a business and putting in place a qualified management team, he was able to turn failing businesses into successful businesses. The success of the businesses came about because the IT system was improved alongside other measures. 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. As time went by, Hussain al Nowais established a manufacturing food company which had many employees. His contribution to the UAE are his proposals to improve business practices in investment opportunities when 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.
He also likes to read a lot and has a huge library in his house. When he can, he is likes 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.
Source: company website