The Background 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. With the change of power, other families returned to Abu Dhabi.
While in Abu Dhabi, Hussain al Nowais was able to complete his high school education. Hussain al Nowais went to the US after completing high school and this is where he studied Business Administration. Hussain al Nowais went to work for the family business after his studies in the US were completed. The family business of Hussain al Nowais’ family started as a trading organization.
When he joined the family business he was able to improve the manufacturing, and the distribution of the trading company. He was an agent of companies before he started partnering with them. The supply of electrical equipment to one of the government departments was one of his big opportunities.
Hussain al Nowais started acquiring failing companies with the skills he acquired as a businessman. Under his management the failing companies were able to make a profit and grow. Failing food businesses started making a profit after restructuring was conducted by Hussain al Nowais. Hussain al Nowais chose to acquire food businesses and turn them around because he saw that the industry was recession-proof.
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. He also improved the IT systems of the businesses and this contributed to the success of the businesses. His team was able to implement new ideas as well as do a lot of hard work and this contributed to the success of the failing businesses.
Through commitment and dedication, they were able to see results on the businesses they took over. With time, Hussain al Nowais was able to grow his food business and established a manufacturing food company. Hussain al Nowais has been on the forefront of trying to make improvements on UAE business practices especially when it comes to investment opportunities during trading.
It is challenging to turn a failing company around but Hussain al Nowais enjoys this challenge. Hussain al Nowais appreciates cultures better because of his interactions with different nationalities as he does his work in the UAE. He likes to spend time with his family when he has spare time.
Hussain al Nowais has a huge library in his house because he 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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