In 2002 that’s when Hussain Sajwani founded DAMAC Properties, and up to date he is the chairman of the company, and DAMAC owner owns majority shareholders. The first times the company was established it was established as a luxury real estate developer, and at Dubai, it offered the living experience that was unrivalled. There has been a massive growth in the company to becoming one of the known foremost luxury developers. There have been involved in so many projects, and the project is in the Middle East, the United Kingdom, and the GCC. They have an excellent reputation reason being that they have a passion for one thing and that is that they will offer clients the best design and the quality is exceptional too.
According to albayan.ae, Hussain Sajwani has been involved in investment and purchasing of other companies. One of them is the DICO Investment Co LLC that is his flagship investment arm, and it was founded in 1992, and the value of assets that they have is AED 3 billion that they are managing under the region. So that DAMAC owner to get comprehensive benefit they decided that the investment should be divided into four cores areas: long-term investment, debt instruments that the bank and companies issue, strategic holdings and in the growth industries the ownership of subsidiaries.
The other company that Hussain Sajwani offers his services at is the Al Anwar Ceramic Tiles where DAMAC owner is the chairman. In Omar area, the company has gained the needed experience in being the largest company in the area to manufacture the ceramic tiles. The company was founded back in 1998, and the products that they sell include the glazed wall and floor tiles. They ensure that they make good use of the latest machines in the area and in the Italian companies they are the technical expertise. They make good use of the raw materials that are available locally to manufacture their products. If they can’t get the raw materials, then they will use the leading producers like Italy and Spain to import the needed materials like the Fits, pigments and glazes.
From this source: http://www.roayahnews.com/