Knowing More About Hussain Al Nowais
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. 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.
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.
Currently, he is seating as the chairman of Waha Capital which is a public listed company that is known for diversified 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. He also has a notable experience in the field of hospitality and managing hotels as he is one of the board members of the famous Rotana Hotels and Real Estate Investment.
Some of his previous positions include being the Chairman of the Abu Dhabi Basic Industries of the ADBIC which is a famous industrial conglomerate and a prime mover when it comes to implementing the government of Abu Dhabi’s industrial diversification policy in partnership with the General Holding Company and SENAAT. One of his most remarkable positions include being the chairman and former board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation known for checking the infrastructures and utilities development and being the chairman of the Etihad Railway that links passenger and freight from the different cities in the UAE. Being a former Board Member of the Abu Dhabi Ports Company also helped him build his professional portfolio as this company 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. Al Nowais was also the Vice Chairman of Abraaj Capital, reputed to be the top equity group in the whole Middle East, North Africa and South East Asia or MENASA, with a total of up to seven billion dollars ventures that are emerging the markets. 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.