Hussain Al Nowais: A Remarkable UAE Businessman
With his building business portfolio, Hussain Al Nowais is a well known business strategist and industrialist in the United Arab Emirates (UAE) most especially in Abu Dhabi as he thrives with his new investment agency, ALNOWAIS Investments. With his growing projects, one of his current focus is heading the international expansion strategies of ALNOWAIS Investments and coming up with effective strategic projects with developments in energy, infrastructure, industry, real estate and hospitality.
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. He is also known for successfully transforming unprofitable companies into profitable ones as he has also sold various businesses as well as lucrative IPOs.
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.
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. Al Nowais also has a wide background when it comes to hospitality and managing hotels because he is also seating as one of the board members in Rotana Hotels and Real Estate Investment which is one of the topnotch investors in such field.
For his previous notable positions, Al Nowais is also known for being the chairman of the Abu Dhabi Basic Industries or the ADBIC which s known for being a notable industrial conglomerate and a prime mover of the Industrial Diversification Policy of the Abu Dhabi government as it works in partnership with the General Holding Company and the SENAAT. One of his most remarkable positions include being the chairman and former board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation known for checking the infrastructures and utilities development and being the chairman of the Etihad Railway that links passenger and freight from the different 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.