What You Didn’t Know About The UAE Chairman
Hussain al Nowais was schooled in Qatar after leaving the hardships of Abu Dhabi. Together with his family, Hussain al Nowais moved back to Abu Dhabi after His Highness Sheikh Zayed bin Sultan Al Nahyan took over power. 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. On completion of his studies in the US, Hussain al Nowais joined the family business. The family business of Hussain al Nowais’ family started 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. His big break came when he got a contract for supplying electrical equipment to one of the government departments.
Hussain al Nowais started acquiring failing companies with the skills he acquired as a businessman. Under his management the failing companies were able to make a profit and grow. He focused on the food business and started restructuring them and this is what made them successful. Hussain al Nowais chose to acquire food businesses and turn them around because he saw that the industry was recession-proof.
His method of turning failing businesses around included putting in place a qualified management team as well as the infrastructure of a business. 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. 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. Through working in the UAE, he interacts with different nationalities this gives him a better appreciation of the cultures that are around. He likes to spend time with his family when he has spare time.
Hussain al Nowais has a huge library in his house because he 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.
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