The Journey Of The UAE Chairman
After leaving Abu Dhabi Hussain al Nowais schooled in Qatar. Together with his family, Hussain al Nowais moved back to Abu Dhabi after His Highness Sheikh Zayed bin Sultan Al Nahyan took over power. Other families also returned to Abu Dhabi during this time.
Hussain al Nowais was able to complete his high school education in Abu Dhabi. Hussain al Nowais studied Business Administration in the US after completing his high school education. Hussain al Nowais went to work for the family business after his studies in the US were completed. The grandfather of Hussain al Nowais started the family business as a trading organization.
The family business was able to grow in manufacturing and distribution through his contribution. He was an agent of companies before he started partnering with them. His big break came when he got a contract for supplying electrical equipment to one of the government departments.
Hussain al Nowais became a skilled businessman and started focusing on the acquisition of companies. He would turn the failing companies around and make a profit with them. He focused on the food business and started restructuring them and this is what made them successful. Recession-proof industries such as the food business is what attracted him to do acquisition in the food businesses.
By setting up the infrastructure of a business and putting in place a qualified management team, he was able to turn failing businesses into successful businesses. He also improved the IT systems of the businesses and this contributed to the success of the businesses. His team was able to implement new ideas as well as do a lot of hard work and this contributed to the success of the failing businesses.
The businesses that they took over required a lot of commitment and dedication and they were able to do this to turn them around. Hussain al Nowais experienced growth in the food business and was able to establish a manufacturing food company. Hussain al Nowais has been on the forefront of trying to make improvements on UAE business practices especially when it comes to investment opportunities during trading.
It is challenging to turn a failing company around but Hussain al Nowais enjoys this challenge. Through working in the UAE, he interacts with different nationalities this gives him a better appreciation of the cultures that are around. He likes to spend time with his family when he has spare time.
There is a huge library in his house because Hussain al Nowais likes to read a lot. One of his favourite things to do is to travel and relax. Hussain al Nowais likes to challenge his children to keep growing in the activities that they do.