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. With his growing projects, one of his current focus is heading the international expansion strategies of ALNOWAIS Investments and coming up with effective strategic projects with developments in energy, infrastructure, industry, real estate and hospitality.
As a well renowned business in the UAE, Al Nowais is best known for his large business portfolio because for over 30 years, he has worked with various projects of different fields from around the globe while focusing with projects such as financing, banking, investments, real estate, perto chemicals and other heavy industries as well as infrastructure and industrial developments in the international market. He is also known for successfully transforming unprofitable companies into profitable ones as he has also sold various businesses as well as lucrative IPOs.
He is also famous both in the private and public sector because he has actively worked with various projects that includes the building of organizations, developing effective structures, coming up with efficient viable strategies as well as recruiting new and developed teams and setting up rules and regulations in the regional as well as the national levels.
He is currently the chairman of the publicly listed company Waha Capital, a company known for its various investments in the business field. 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 also has a notable experience in the field of hospitality and managing hotels as he is one of the board members of the famous Rotana Hotels and Real Estate Investment.
He is also known for his previous positions in the private and public agencies such as becoming the chairman of ADBIC or the Abu Dhabi Basic Industries which is a popular industrial conglomerate and being a prime mover in implementing the industrial diversification policy of the Abu Dhabi government which is working in partnership with SENAAT and the General Holding Company. One of his most remarkable positions include being the chairman and former board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation known for checking the infrastructures and utilities development and being the chairman of the Etihad Railway that links passenger and freight from the different cities in the UAE. Al Nowais is also known for being a former Board Member of the Abu Dhabi Ports Company with a remarkable 4 Billion dollar investment in putting up the biggest industrial zone in the entire 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.
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