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. With his growing projects, one of his current focus is heading the international expansion strategies of ALNOWAIS Investments and coming up with effective strategic projects with developments in energy, infrastructure, industry, real estate and hospitality.
Al Nowais is popular for his business portfolio of over 30 years of professional experience in banking, real estate, finance, investments and even other fields such as industrial and infrastructure developments, heavy industries and petrochemicals. Many companies trust Al Nowais for his good reputation in evolving unprofitable businesses and effectively turning them into something profitable and his ability to sell various business and even lucrative IPOs in no time.
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.
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 also seats as a chairman of the MENA Infrastructure Fund which is a popular Middle Eastern investment agency that delves in power, water, infrastructures, airports and ports. He is also one of the renowned board member of Rotana Hotels and Real Estate Investment which is a leading investor in the field of hospitality as well as hotel management.
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. He was also the chairman and a board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation which is notable for overseeing infrastructure as well as utilities development and the former chairman of the Etihad Railway for freight and passengers that links various cities in 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. Being an Advisory Board Member of KUSTAR or the Khalifa University for Science & Technology also helped him a lot in building his portfolio, as he was later on pronounced to be the most efficient Board Member of InvestBank.