Getting To Know Hussain Al Nowais
Also known for his growing investment agency ALNOWAIS Investments, the rise of business strategist and industrial specialist Hussain Al Nowais is quite evident with his growing business portfolio. His current projects include leading the global expansion strategy of ALNOWAIS Investments and providing strategic project developments in the field of industry, infrastructure, energy, hospitality as well as real estate.
Al Nowais is a well known international businessman in UAE with over 30 years of experience in the field as he has been working in various countries all over the world in the field of banking, investments, real estate, industrial and infrastructure developments, petrochemicals, heavy industries, financial services and many more. Many companies trust Al Nowais for his good reputation in evolving unprofitable businesses and effectively turning them into something profitable and his ability to sell various business and even lucrative IPOs in no time.
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. 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. 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. 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. 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. Another remarkable achievement in his portfolio is being the former Advisory Board Member of Khalifa University for Science & Technology or KUSTAR, and being and efficient Board Member of InvestBank.