Hussain Sajwani, a Dubai-based billionaire, is one of Donald Trump’s international business partners. Hussain and his family attended Trump’s New Year’s Eve celebrations. In his speech, Trump recognized Hussain Sajwani family. The event was held at Mar-a-Lago resort in Florida where the DAMAC owner, Hussain Sajwani, joined other delegates to celebrate Trump’s election victory. DAMAC Properties partnered with the Trump Organization to develop the Trump International Course in Dubai. Before winning the elections, there were concerns regarding possible conflict of interests. The concerns intensified after the President-elect named different business partners in his New Year’s Eve speech.
However, what Trump viewed as loyalty to his friends was met with a lot of criticism from observers. Political experts said that Trump’s move to heap praises to his business partners demonstrated his failure to disentangle his businesses from official matters. In his defense, Trump’s transition team claimed that Hussain Sajwani did not discuss business issues with President Trump while in Florida. Hope Hicks, the spokeswoman of the president said that Trump and Hussain’s interactions were purely social. A top Trump adviser posited that the President was allowed to enjoy the company of his friends, business partners and acquaintances in his New Year’s Eve celebrations. President Trump was expected to address his conflicts of interest before the inauguration. However, his speech at Mar-a-Lago suggested that there was no problem.
Hussain Sajwani established DAMAC Properties in 2002. DAMAC Properties is a global real estate developer and one of the largest property development companies in the Middle East. DAMAC Group’s profile includes unique luxurious properties in key global cities like Dubai, Doha, Beirut, Jeddah, Abu Dhabi, Riyadh and London. The brand has collaborated with leading companies like Bugatti, Versace, Fendi and Paramount Hotels and Resorts to develop world-class properties. Hussain Sajwani ventured into the real estate industry in the mid-90s during Dubai’s property market expansion. He began developing hotels to accommodate the growing number of people who were moving to Dubai for trade. After completing his studies, Hussain worked for Gasco. However, he ventured into entrepreneurship by establishing a catering business. Hussain was able to work with the US Army in Somalia, Bosnia and the Gulf. Over the years, Sajwani has engaged in various philanthropic activities, including donating AED two million towards a campaign seeking to cloth children from disadvantaged backgrounds.
To learn more, visit http://www.damac.com/.