Hussain Sajwani | Gulf Business
  • العربية

61. Hussain Sajwani

Founder and chairman, DAMAC Group

Origin: UAE

Residence: UAE

Sector: Real Estate

2024 Rank: 74

Sajwani is one of the pioneers of the property market expansion in Dubai.

The founder and chairman of Damac Properties has a solid track record of buoyant forays into the capital markets across the world.

Apart from the UAE, DAMAC Properties has real estate projects running in global cities like Miami, London, Jeddah, Riyadh, Baghdad, Toronto, and the Maldives, with about 2,000 professionals employed with them.

He has also promised a $20bn investment in the booming US data centre industry in the coming years, and then US President-elect Donald Trump announced on January  at Trump’s home in Palm Beach, Florida.

The construction of new data centres by EDGNEX Data Centers, a unit of DAMAC, in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana will generate employment opportunities for thousands of Americans.

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