Hussain Al Nowais: A Remarkable UAE Businessman
Being the chairman and founding member of ALNOWAIS Investments which is a growing investment agency in Abu Dhabi, Hussain Al Nowais is famous for being a renowned business strategist and industrialist in the city. 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.
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. 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.
Being popular to public and public sectors alike, Al Nowais is best known for his professional experiences in various building organizations and development of effective structures, coming up with new viable strategies and getting winning management teams and setting up rules and regulations that are both used in the regional and the national levels.
He is currently the chairman of the publicly listed company Waha Capital, a company known for its various investments in the business field. He also seats as a chairman of the MENA Infrastructure Fund which is a popular Middle Eastern investment agency that delves in power, water, infrastructures, airports and ports. 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.
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. He was also the chairman and a board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation which is notable for overseeing infrastructure as well as utilities development and the former chairman of the Etihad Railway for freight and passengers that links various 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. He was also the Vice Chairman of Abraaj Capital which is the biggest equity group in the entire MENASA or Middle East, North Africa and Southeast Asia, with a whopping 7 billion dollars of investments in the market. 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.