Getting To Know Hussain Al Nowais
With his building business portfolio, Hussain Al Nowais is a well known business strategist and industrialist in the United Arab Emirates (UAE) most especially in Abu Dhabi as he thrives with his new investment agency, ALNOWAIS Investments. Among his current projects include the worldwide expansion strategies of ALNOWAIS Investments as well as other strategic projects development in real estate, infrastructure, energy, industry and even hospitality.
Al Nowais is popular for his business portfolio of over 30 years of professional experience in banking, real estate, finance, investments and even other fields such as industrial and infrastructure developments, heavy industries and petrochemicals. Al Nowais has also sold a number of businesses and lucrative IPOs and he is best known for his remarkable ability to turn unprofitable companies into something bigger and make them profitable ones.
Al Nowais is also known not only in the private sector but also in the public as he has worked actively with different building organizations and developing effective structures, creating viable strategies and recruiting sure win management teams and even set up policies and rules both on the regional and national levels.
To mention a few of his current positions, he is the newly elected chairman of the Waha Capital, a publicly listed company known for its various business investments. He is also the chairman of MENA Infrastructure Fuch which is known for its investments in infrastructures such as airports and ports, power and water. He is also one of the renowned board member of Rotana Hotels and Real Estate Investment which is a leading investor in the field of hospitality as well as hotel management.
Some of his previous positions include being the Chairman of the Abu Dhabi Basic Industries of the ADBIC which is a famous industrial conglomerate and a prime mover when it comes to implementing the government of Abu Dhabi’s industrial diversification policy in partnership with the General Holding Company and SENAAT. Being the former chairman and board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation also helped his establish a name for himself as he was also the chairman of the Etihad Railway that links freight and passengers from various cities within the UAE. Being a former Board Member of the Abu Dhabi Ports Company also helped him build his professional portfolio as this company has a remarkable 4 Billion dollar investment in setting up the biggest industrial zone in all of Abu Dhabi which is known as the Khalifa Industrial Zone Abu Dhabi or the KIZAD. He is also known as the most remarkable Vice Chairman of Abraaj Capital which is famous for being the biggest and private equity group in all of Middle East, North Africa and South East Asia or MENASA, with a remarkable seven billion dollars of investments in the market industry. Another remarkable achievement in his portfolio is being the former Advisory Board Member of Khalifa University for Science & Technology or KUSTAR, and being and efficient Board Member of InvestBank.