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. Among his current projects include the worldwide expansion strategies of ALNOWAIS Investments as well as other strategic projects development in real estate, infrastructure, energy, industry and even 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. He is also known for successfully transforming unprofitable companies into profitable ones as he has also sold various businesses as well as lucrative IPOs.
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.
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. In MENA Infrastructure Fund, an investment agency known for infrastructure projects such as airports, ports, power and water, Al Nowais also serves as the Chairman. 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.
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. Being the former chairman and board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation also helped his establish a name for himself as he was also the chairman of the Etihad Railway that links freight and passengers from various cities within the UAE. Al Nowais is also known for being a former Board Member of the Abu Dhabi Ports Company with a remarkable 4 Billion dollar investment in putting up the biggest industrial zone in the entire 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. 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.