Hussain Al Nowais: A Remarkable UAE Businessman
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. His current projects include leading the global expansion strategy of ALNOWAIS Investments and providing strategic project developments in the field of industry, infrastructure, energy, hospitality as well as real estate.
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. 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. 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.
For his previous notable positions, Al Nowais is also known for being the chairman of the Abu Dhabi Basic Industries or the ADBIC which s known for being a notable industrial conglomerate and a prime mover of the Industrial Diversification Policy of the Abu Dhabi government as it works in partnership with the General Holding Company and the 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. He was also a former Board Member of the Abu Dhabi Ports Company that 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. 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.