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.
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. He is also known for successfully transforming unprofitable companies into profitable ones as he has also sold various businesses as well as lucrative IPOs.
He is also famous both in the private and public sector because he has actively worked with various projects that includes the building of organizations, developing effective structures, coming up with efficient viable strategies as well as recruiting new and developed teams and setting up rules and regulations in the regional as well as the national levels.
Currently, he is seating as the chairman of Waha Capital which is a public listed company that is known for diversified 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. Al Nowais also has a wide background when it comes to hospitality and managing hotels because he is also seating as one of the board members in Rotana Hotels and Real Estate Investment which is one of the topnotch investors in such field.
He is also known for his previous positions in the private and public agencies such as becoming the chairman of ADBIC or the Abu Dhabi Basic Industries which is a popular industrial conglomerate and being a prime mover in implementing the industrial diversification policy of the Abu Dhabi government which is working in partnership with SENAAT and the General Holding Company. 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. 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. 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.
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