Hussain Al Nowais: A Remarkable UAE Businessman
Also known for his growing investment agency ALNOWAIS Investments, the rise of business strategist and industrial specialist Hussain Al Nowais is quite evident with his growing business portfolio. 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.
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.
Being popular to public and public sectors alike, Al Nowais is best known for his professional experiences in various building organizations and development of effective structures, coming up with new viable strategies and getting winning management teams and setting up rules and regulations that are both used in the regional and the national levels.
Currently, he is seating as the chairman of Waha Capital which is a public listed company that is known for diversified 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. Al Nowais also has a wide background when it comes to hospitality and managing hotels because he is also seating as one of the board members in Rotana Hotels and Real Estate Investment which is one of the topnotch investors in such field.
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. 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. Al Nowais was also the Vice Chairman of Abraaj Capital, reputed to be the top equity group in the whole Middle East, North Africa and South East Asia or MENASA, with a total of up to seven billion dollars ventures that are emerging the markets. He was also the former Advisory Board Member of Khalifa University for Science & Technology or the KUSTAR, and was known as the most efficient Board Member of InvestBank.