The Background Of The UAE Chairman
After leaving Abu Dhabi Hussain al Nowais schooled in Qatar. When His Highness Sheikh Zayed bin Sultan Al Nahyan took over power, he moved back there together with his family. Other families also returned to Abu Dhabi during this time.
Hussain al Nowais was able to complete his high school education in Abu Dhabi. After this, he went to the US to study Business Administration. 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.
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. His big break came when he got a contract for supplying 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. His team was able to implement new ideas as well as do a lot of hard work and this contributed to the success of the failing 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. Hussain al Nowais experienced growth in the food business and was able to establish a manufacturing food company. He made several proposals on the improvement of UAE business practices when it came to investment opportunities in trading.
He’s a man who likes the challenge of growing companies. Due to the interactions with different nationalities as he works in the UAE he’s able to appreciate culture better. Hussain al Nowais enjoys family time and he does this when he has time off work.
Hussain al Nowais has a huge library in his house because he likes to read a lot. He enjoys traveling when he has the time to do it. Hussain al Nowais strongly believes in growth and would like to pass this on to his children so that they can always keep growing.