Valuable Lessons I’ve Learned About Tips

April 14, 2018

Miscellaneous

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What You Didn’t Know About 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. During this time, other families also returned to Abu Dhabi.

Hussain al Nowais was able to complete his high school education in Abu Dhabi. Hussain al Nowais went to the US after completing high school and this is where he studied Business Administration. On completion of his studies in the US, Hussain al Nowais joined the family business. The family business started as a trading organization and it was started by Hussain al Nowais’ grandfather.

When he joined the family business he was able to improve the manufacturing, and the distribution of the trading company. Hussain al Nowais worked in companies as an agent and later started partnering with them. Hussain al Nowais got a huge opportunity after getting a contract to supply electrical equipment to one of the government departments.

With the skills he acquired doing business, Hussain al Nowais started focusing on the acquisition of failing companies. Within a period of time, the failling company’s would start making a profit under his management. Failing food businesses started making a profit after restructuring was conducted by Hussain al Nowais. Recession-proof industries such as the food business is what attracted him to do acquisition in the food businesses.

His method of turning failing businesses around included putting in place a qualified management team as well as the infrastructure of a business. The success of the businesses came about because the IT system was improved alongside other measures. 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. As time went by, Hussain al Nowais established a manufacturing food company which had many employees. His contribution to the UAE are his proposals to improve business practices in investment opportunities when trading.

He’s a man who likes the challenge of growing companies. Due to the interactions with different nationalities as he works in the UAE he’s able to appreciate culture better. When he can, he likes to spend his time with his family.

Hussain al Nowais has a huge library in his house because he 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.