Hussein Sajwani, current CEO of DAMAC, started off in the food service and catering industry. Starting off in 1982, Hussain Sajwani’s catering company in Dubai served workers in the energy sector, and later on served the US during Operation Desert Storm. Later on in 2002, DAMAC expanded into the real estate arena to meet the demand of those visiting the United Arab Emirates on business trips.
DAMAC built world class hotels and luxury apartments and even built one around one of Donald Trump’s golf courses. Yes, at one point, DAMAC collaborated with the Trump family’s real estate company and built a hotel around Trump’s golf course. Learn more about DAMAC owner: http://www.cnn.com/2017/01/02/politics/donald-trump-new-years-eve-speech/
However, since Trump is in Office and isn’t running his family business, his children, Ivanka, Donald Jr. and Eric who have been left in charge are, and still maintain ties with DAMAC.
Hussain Sajwani’s daughter is close friends with Ivanka, and the two keep in contact with each other by way of social media. After Trump’s victory in last year’s election, Hussain Sajwani and his family visted Trump at their victory New Year’s Eve party. Shortly after the New Year, DAMAC offer Trump $2 billion in some sort of business deal, but Trump backed out of it.
DAMAC has uses it’s wealth to help those in need. Hussain Sajwani donated AED 2 million to a campaign to clothe children around the world. Hussain Sajwani’s donation will help more than 50,000 children in need. The campaign , started in collaboration with Emirates Red Crescent in 1982, just a year after DAMAC was founded, raised a whooping AED 120 million so far.
Not only did Hussain Sajwani manage to successfully get those children clothed, but DAMAC itself is going to directly assist those who need help too, right at home. DAMAC has just launched a hospitality division, DAMAC Maisionm which will provide bespoke services to residents in 7,957 serviced hotel apartments.