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. 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.
Al Nowais is also known not only in the private sector but also in the public as he has worked actively with different building organizations and developing effective structures, creating viable strategies and recruiting sure win management teams and even set up policies and rules both on the regional and 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. 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.
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. 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 is also known as the most remarkable Vice Chairman of Abraaj Capital which is famous for being the biggest and private equity group in all of Middle East, North Africa and South East Asia or MENASA, with a remarkable seven billion dollars of investments in the market industry. 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.