Short Course on Businesses – Covering The Basics

April 14, 2018

Miscellaneous

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What You Didn’t Know About The UAE Chairman

Hussain al Nowais schooled in Qatar after leaving Abu Dhabi. He later moved back to Abu Dhabi after His Highness Sheikh Zayed bin Sultan Al Nahyan took over power together with his family. With the change of power, other families returned to Abu Dhabi.

While in Abu Dhabi, Hussain al Nowais was able to complete his high school education. Hussain al Nowais studied Business Administration in the US after completing his high school education. On completion of his studies in the US, Hussain al Nowais joined the family business. The family business of Hussain al Nowais’ family started as a trading organization.

When he joined the family business he was able to improve the manufacturing, and the distribution of the trading company. Before Hussain al Nowais started any partnerships, he was first an agent to the companies. The supply of electrical equipment to one of the government departments was one of his big opportunities.

Hussain al Nowais started acquiring failing companies with the skills he acquired as a businessman. Under his management the failing companies were able to make a profit and grow. Through restructuring the food businesses that he acquired, they started making profits. The reason he ventured into the food business was because they were recession-proof industries.

Hussain al Nowais was able to turn the failing businesses into successful businesses by putting in place a qualified management team and setting up the infrastructure of the business. Through improved IT systems, the businesses became successful. 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. Hussain al Nowais experienced growth in the food business and was able to establish a manufacturing food company. He made several proposals on the improvement of UAE business practices when it came to investment opportunities in trading.

It is challenging to turn a failing company around but Hussain al Nowais enjoys this challenge. Due to the interactions with different nationalities as he works in the UAE he’s able to appreciate culture better. He likes to spend time with his family when he has spare time.

There is a huge library in his house because Hussain al Nowais likes to read a lot. When he can, he is likes to travel and relax. Hussain al Nowais likes to challenge his children to keep growing in the activities that they do.