News For This Month: Companies

May 13, 2018

Miscellaneous

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Knowing More About Hussain Al Nowais

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 popular for his business portfolio of over 30 years of professional experience in banking, real estate, finance, investments and even other fields such as industrial and infrastructure developments, heavy industries and petrochemicals. He is also known for successfully transforming unprofitable companies into profitable ones as he has also sold various businesses as well as lucrative IPOs.

Being popular to public and public sectors alike, Al Nowais is best known for his professional experiences in various building organizations and development of effective structures, coming up with new viable strategies and getting winning management teams and setting up rules and regulations that are both used in the regional and the national levels.

To mention a few of his current positions, he is the newly elected chairman of the Waha Capital, a publicly listed company known for its various business investments. He also seats as a chairman of the MENA Infrastructure Fund which is a popular Middle Eastern investment agency that delves in power, water, infrastructures, airports and ports. He also has a notable experience in the field of hospitality and managing hotels as he is one of the board members of the famous Rotana Hotels and Real Estate Investment.

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. Al Nowais was also the Vice Chairman of Abraaj Capital, reputed to be the top equity group in the whole Middle East, North Africa and South East Asia or MENASA, with a total of up to seven billion dollars ventures that are emerging the markets. He was also the former Advisory Board Member of Khalifa University for Science & Technology or the KUSTAR, and was known as the most efficient Board Member of InvestBank.