The Journey Of The UAE Chairman
After leaving Abu Dhabi Hussain al Nowais schooled in Qatar. He later moved back to Abu Dhabi after His Highness Sheikh Zayed bin Sultan Al Nahyan took over power 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. Hussain al Nowais went to the US after completing high school and this is where he studied Business Administration. He joined 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. 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. Under his management the failing companies were able to make a profit and grow. 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.
Hussain al Nowais was able to turn the failing businesses into successful businesses by putting in place a qualified management team and setting up the infrastructure of the business. 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. With time, Hussain al Nowais was able to grow his food business and established 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. 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.
There is a huge library in his house because Hussain al Nowais likes to read a lot. 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.
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