Category Archives: business leaders

Billionaire developer Hussain Sajwani on the past, present, and future of DAMAC

Hussain Sajwani, majority owner of property development firm DAMAC, has experienced first-hand the highs and lows of dealing in commercial real estate. Drawing on the entrepreneurial lessons of his father, the mogul had built an empire of real estate holdings in Dubai only to witness a spectacular crash in value in 2008. Sajwani has persisted, however, and the lofty ambitions of his youth remain.

 

Sajwani founded DAMAC at a critical inflection point in Dubai’s real-estate history – in 2002 just months after the emirate permitted foreigners to buy property in the country. Using free cash flow from his existing ventures – a ceramics factory, a regional catering firm, and an insurance company, Sajwani was able to snap up property and begin developments across Dubai and the region, including in Egypt, Saudi Arabia, and Jordan.

 

When Lehman Brothers collapsed in 2008 and the financial markets were roiling around the world, DAMAC and its owner were exposed. Once Sajwani received word of soft sales figures, he went to work to contain the crisis in which property values crashed 50%. His company suffered with public perception as he slashed overhead – including many of the firm’s workers and contractors. However, in his savvy, Sajwani didn’t panic and sell his most prized assets – including ten buildings in Business Bay. He also used a war chest of over AED1bn to continue purshasing assets at a time when other competitors couldn’t afford to.

 

Having been better prepared for the downturn than other developers, DAMAC and Sajwani have capitalized impressively on the recovery. His company now brokers in developments in AED billions. The comeback was capped off with an offering of shares on the London Stock Exchange in a raise of over $375M. That is not to say Sajwani is winding down his involvement; on the contrary, Sajwani retains over 70% ownership in the Company and has his sights now set on Europe. His vision of the future includes DAMAC towers in iconic cities across the world, including in Asia and North America.

 

As a child, Sajwani marvelled at his father who travelled to India, Pakistan, and as far away as China to secure inventory for his shop. The visions of global commerce have never left him – and don’t expect them to anytime soon.

Meet the Successful Real Estate Entrepreneur, Hussain Sajwani

Hussain Sajwani is the head and founder of Damac Properties. He has played a critical role in the rise of the real estate company. In an interview with an Arabian media group, Sajwani talks about his plans of rebuilding his empire.

 

Hussain Sajwani, DAMAC owner, spent his childhood working in their family shop in Deira. He attributes part of his success to the formative years he spent with his father. Hussain Sajwani is among the most prosperous Arabs in the world with an estimated worth of $3.7bn.

 

Rise

 

Sajwani enrolled in the University of Washington, Seattle, for a course in industrial engineering and economics. In 1978, there was a vast difference between Dubai and Seattle growth. Hussain Sajwani went back home in 1982 and joined the Abu Dhabi Gas Industries. In 1984, he opened Global Logistics Services, a leading catering entity in the region.

 

Later in 1996, the entrepreneur ventured into the real estate industry and constructed the first three-star inns in Deira. He founded Damac Properties after the government amended real estate provisions. Expats could lease property for 99 years and foreigners were free to buy assets on freehold ownership.

 

Investments

 

Marina Terrace was his first project. From 1997 to 2002, the investor concentrated in stock markets. Hussain Sajwani got funds from his ceramics plant and an insurance firm. He used his money to finance Damac until it went public in 2013.

 

Damac Properties Company was the first property company from this region to be listed on the London Stock Exchange (LSE) in 2013. After the comeback, Sajwani adopted a new strategy to scale the business by setting up projects after projects across Dubai. They include merges with Bugatti, Paramount, and Akoya. He has ongoing investments in Qatar, Saudi Arabia, UK, Jordan, and Lebanon.

 

Damac future

 

Sajwani revealed that in his growth plans the establishment would target overseas market like Europe. Damac wishes to build towers in major hubs across the world. The business leader devotes his resources when handling a project. He uses his remarkable story to motivate potential investors on the need to remain focused to reach wintery heights.

Louis Chenevert as a role model to other entrepreneurs

Louis Chenevert is a successful business entrepreneur who has a bachelor’s degree in Commerce production management. He is now the Chief Executive Officer at United Technologies Corporation. Louis Chenevert went through other minor positions in other companies, for example, his very first job was a first line supervisor at an assembly plant where he found it as a quite hard task. But, as a focused entrepreneur, he could make observations about how the employees were being treated and their behavior. He came out with definite ideas on how he would manage the employees and involve them in decision making in the case he to have his own company or become a senior member of any company.

The idea of United Technologies Corporation came in to his mind when he was working as a CEO at a Multinational global company where he got ideas on to be innovative, how to consider consumer tastes, preferences, and their changes with technology in production.

Louis Chenevert has the characters of any typical entrepreneurship that has the urge to succeed in business. The values should serve as a guiding example to all entrepreneurs whether existing, new or prospective entrepreneurs in business.

One of the factors that lead to success as an entrepreneur is the kind of people you connect and relate. It is good to associate with successful people because they will give you ideas on what they did to become successful and they will also have some positive influence in what you do.

Another key to success in business is the ability to manage time and make sound plans for your business operation. A good business plan will enable you to cope with challenges such as risks and uncertainties in business and also eliminate the factors that can lead to failure or low production in business.

Louis Chenevert considers severe and more supervision of how work is done as a significant action in production to keep updated on the work’s progress and make the necessary changes if any, and to make sure that resources are efficiently used with time being one of the resources to maximize production.

https://www.dailyforexreport.com/louis-chenevert-leadership-investment-innovation/

Modern Home Decor Style – Siteline Cabinetry Is Definitely Worth It!

Siteline Cabinetry is all about innovation and adding a modern creative kind of touch to your house, making it more appealing. Siteline Cabinetry is all about quality cabinets. These cabinets suits the purpose of kitchen, office as well as bathroom space, which gives the setting an extra unique touch. The company specializes in manufacturing beautiful home decor items. Additionally, apart from their unique touch of style, Siteline is dedicated to creating durable, customizable and high-end quality products with competitive pricing within the market.

 

What adds to their customer proposition is the quality and the style of design, all according to your own specifications. Siteline cabinets adds that touch of luxury to your home and anywhere you wish to “show off” your item. As mentioned earlier, all cabinets are specifically tailored to your liking, which adds to their competitive advantage.

 

What also makes Siteline stand out is that they make the customer acquisition process as simple and less tedious as possible; cabinets are delivered to their customers in a short amount of time in comparison to the usual time it would take customize cabinets for any home or office.

 

Siteline cabinets are not only useful for your home and office, but also for your bathroom. Customers get a variety of options, depending on their needs or liking. If a customer wishes to redesign their bathroom into a spa like setting, that can be done with Siteline’s cabinets. Some of their features include, but are not limited to, storage space for anything you might want to store such as bathroom products, a variation of colors to choose from and different styles of cabinet doors and drawers with built in dividers.

 

With the Siteline Cabinetry product line, you can definitely transform your home from nothing to something! It gives you the ability to recreate and add life with a little vibrancy to your home. These cabinets are also the perfect fit for storing kitchen accessories as well. You are given the opportunity to customize your storage space for useful kitchen items. There are also other options such as a pullout drawer where you can store pots, pans and plates among others.

 

Siteline Cabinetry is indeed the best; you get what you paid for. The company gives you what no other company does, and that’s the ability to redefine your home’s personality. From texture, down to the very material of the cabinets, they ensure that you get an amazing value for your money!

Learn more about Siteline Cabinetry: http://chronicleweek.com/2017/10/siteline-cabinetry-offers-the-newest-kitchen-cabinet-solution/

Joao Pessoa’s Real Estate Icon, Robert Santiago.

It is impossible to talk of Joao Pessoa without the mention of the famous real estate investor Robert Santiago. He is the man behind business transformation in the State of Paraiba, in Brazil, through his magnificent malls Manaira and Mangabeira Shopping.

Santiago was born in 1958 in Joao Pessoa. He went for his studies at Pio X-Marist College, before joining University Center of Joao Pessoa for a Business Administration degree. For a start, Santiago was employed at Cafe Santa Rosa, a decorative products company. His passion for business, however, convicted him to start his own company, Cartonnage Company, where he started selling packaging cartons and later on other decorations to the surrounding population.

Santiago decided to venture into real estate, and in 1987 he bought a piece of land in Joao Pessoa, in which he erected a mall. After two years, Santiago launched Manaira Shopping Mall, which today is a monumental mall and a home for entertainment, family, and shopping. The mall is situated at Paraiba Capital on a land of 75,000-meter square. It offers different entertainment services to the people of Joao Pessoa as well as the population of vast Brazil. It has 280 stores which comprise of bowling alleys, restaurants, movie theaters, food courts, ballrooms, hyper-store, gaming area, a college, a gym, a bank, and shopping areas.

Nothing interests tourists and the visitors of Manaira mall more than the movie theaters, which are known all over Brazil. With there being 11 of them in the mall, 3 of them have been equipped with the modern 3D technology, with the rooftop theater having a capacity of 4,000 seats. The gaming station is fitted with 200 gaming machines, featuring a variety of games suitable for both kids and adults.

Since the construction of the Manaira Shopping Mall, several expansions and renovations have been done to achieve its current appearance. It is the first mall of its kind, has led to an enormous economic growth in Joao Pessoa. It has also been a source of employment for many residents of Joao Pessoa.

In addition to his first mall, Manaira, Santiago also owns another mall at the south of Joao Pessoa, called the Mangabeira (Mangeira) Shopping which was launched in 2014. This is the second largest and the most modern architectural design in the whole of Brazil. The ceiling, glass work, lighting system gives the interior of the mall a natural beauty and sophistication. Mangabeira Shopping has 212 stores and is build in a 112,000m² land.

Just like its sister mall, Manaira, Mangabeira is also a leisure and entertainment hive with a game station, 6 movie theaters, spacious food court, two playgrounds, a bowling alley and several shopping stores.

While his entrepreneurial expertise is evident through these two successful malls, Santiago is also a big fan of sports. He engages in motorsports during his leisure time and he has earned several trophies through them.

 

Agora Financial Accurate Market Predictions You Can Trust

Making smart investments at regular intervals is necessary to secure the financial future of you and your family. People these days are confused as to where to put their money on the market is volatile and there are numerous investment options available. People want to know for sure that the money they are investing would reap the results they expect from it. Minimizing losses is one of the priorities when funding and it can only be achieved when done proper research and investment analysis before signing on the dotted line. It is what Agora Financial does for its readers.

Agora Financial is one of the most reputed and credible publishing house based in the United States. The company does extensive financial research to provide its readers with accurate financial analysis that they can trust. Agora Financial has employed some of the best financial researchers in the industry to ensure that the data it processes and the results it generates is something that can be trusted by the readers and the industry experts. It is why many times news channels like Bloomberg, MSNBC, and other financial news networks borrow the financial analysis of Agora Financial in their economic debates and discussions.

Agora Financial understands how the market works and has been following it carefully for many years. The primary aim of Agora Financial is to help its readers gain financial insight that would help them make smart investment based decisions. It is not easy to invest appropriately in today’s financial market where the options are unlimited. There are just so many financial institutions and banks that are providing an endless number of investment tools and options. With the help of the market predictions and economic research supplied by Agora Financial, the investors can put together the puzzle that is investment mantra. It helps them in achieving their long-term financial goals with ease and saves them the time and effort to do the analysis themselves. Agora Financial does not only provide economic research, but also provides the readers with tutorials, tips, and guides on how to manage their finances to help them minimize losses and maximize returns on their investments.

David McDonald- OSI Group CEO with a remarkable track record

David McDonald has been working for OSI Group for 30 years now. Since joining the group, he has noticed that the group has an appetite for success. To them, failure is not an option. They aspire to make tremendous growth as much as possible. Success to them is a culture that must be maintained at all costs. When he joined the group the plan then was to make the company go global and be a valued partner to their clients. He recognized that it has been through the efforts of their customers and partners that they have finally made it into the global platform.

The mission of the group today is to be premier global food provider. It is clear that the mission of the group has not changed significantly. Their still want to maintain that global appeal by improving on their services delivery to their customers.

The OSI Group has a dedicated team of workers who go far and beyond to ensure that the needs of their clients are fulfilled. They pride in giving their customers the best services in the food industry. The group also engages their customers with the aim of interacting with them and getting their first-hand information regarding the services they get from the group. OSI Group is a private company and has the advantage of switching their plans to accommodate new ideas in the solutions that they are offering.

OSI Group has the flexibility to tune their solutions in the way deem it fit. Flexibility allows them to think of long-term plans when entering into a partnership with their clients or partners. Flexibility also allows them to be patient in their dealings and enables them to build lasting relationships with customers.

Donald says that the acquisition of Baho Foods in Europe will help the company reach many people in the region as well as offering them the best services. The trade deal will put OSI Group on the list of the best food companies on the continent.

About Donald McDonald

Donald McDonald is the president and CEO of OSI Group. LLC. He was the project manager of the group before his appointment to the position of the CEO. He has held other positions in various organizations such as North American Meat Institute, and Marfrig Global Foods S.A. OSI Group operates in Brazil and Europe.Donald McDonald studied animal science at the Iowa University.

OSI Group Info: en.wikipedia.org/wiki/OSI_Group

The Story behind Anthony Petrello’s Achievement as CEO

Anthony Petrello is a mysterious figure in almost every household in America. Anthony Petrello is one of the most prominent persons in the United States who represents some people in the United States who are appreciated despite their efforts to help craft the America lifestyle. He was once recognized as one of well-paid CEO in the US. In 2014, Anthony Petrello received $68.2 million while working with the Nabors Industries, one of the leading oil and natural drilling company. His level of success inspires both the admiration and envy, but the majority people who know Anthony Petrello can attest that he is an honest and humble man who deserves what he gets.

Humble Beginnings in Newark

While Anthony Petrello runs robust oil company in the current economy, his success was through effort. Just like the majority of American leaders, Anthony Petrello had to work way up to his success. Petrello was born and brought up in a predominantly and working-class Italian household in Newark. Despite the fact that there is plenty of hardship in Newark, the region is well-known for its strong work ethic and honor. In this country, every individual works together to make sure that all the needs are catered for because hard work is rewarded with every ranking and honesty is also valued. Newark played a vital role in instilling the values of integrity and honor to Anthony Petrello.

How Tony Petrello became a Scholar

Anthony Petrello joined Yale University where he strived to ensure that his star kept shinning. His effort and determination were recognized by a renowned mathematical theorist Serge Lang. Anthony Petrello was a mathematical scholar who contributed a great deal while helping Serge Lang with the work of number theory. While working together, Petrello and Lang solved complex theorems and proofs that were a challenge for most college students to understand. Along the way in his university career, something made him lose his passion for mathematics and changed his career path to human sciences.

Life after school

After devoting all his time and energy to get a formal education, Anthony Petrello felt restless after completing his post-graduate course. He later got married to his university girlfriend and worked for various companies before settling at Nabors Industries. Anthony Petrello served Nabors industries for almost three decades in various positions before he was appointed as the Chief Executive Officer.

To know more visit @: www.houstonchronicle.com/business/steffy/article/Nabors-keeps-overpaying-CEO-4356088.php

Louis Chenevert encourages innovation through creating a competitive environment

Louis R. Chenevert was Chairman and CEO of the United Technologies Corporation. He was elected as CEO in 2008 and Chairman in January 2010. Before joining United Technologies Corporation (UTC), he was the President at Pratt & Whitney for almost 7 years. Louis R. Chenevert had also served as a Production General Manager at General Motors for 14 years before joining Pratt & Whitney.

Louis chairs the Tax and Fiscal Policy Committee for the Business Roundtable and the Yale Cancer Centre Advisory Board. In 2005, the American Institute of Aeronautics and Astronautics instated him as a Fellow.

Louis R. Chenevert has a production management bachelor of commerce degree from the Université de Montréal. With a background, he has earned himself a position, he chairs the HEC Montreal International Advisory Board.

During the time Louis worked at UTC, he believed in leaving the company better than he found it. His main focus was to invest in innovation and people. Using technology to better process supports the economy and manufacturing departments in the United States. For innovation purposes, UTC was planning on hiring 25 thousand people, 5000 among them would be focused on developing innovation platforms. Innovation grows businesses but also suppliers who, in turn, create a better and bigger client base.

UTC is a company that deals with building industries, commercial airspace and defense and is a renowned innovative company around the world. It has investments all over the world and fosters a strong competitive advantage. Louis pushed for a competitive environment in business as it guaranteed growth and an energetic economy through innovation during his time at UTC. Louis R. Chenevert believed that investing in people was investing in the growth of a business, through the innovation they came up with.

UTC encourages its employees to learn more life-long programs. This is encouraged so as to increase the urge and ability for people to be innovative within the company. UTC came up with an Employee Scholar Program which gives employees a chance to earn a degree in a field of their choice. UTC pays for these degrees. This is a great employee motivation program within the company, as employees are constantly looking into advancing themselves as they expand their innovative skills. UTC has paid for over 39 thousand degrees and they acknowledge, that the 1 billion dollars spent on the degrees, is the best investment they have ever made as a company.

Marc Sparks: Serial Entrepreneur And Philanthropist

Marc Sparks is a businessman and venture capitalist that lives and works in the Dallas, Texas area. He is known as a serial entrepreneur because he has been involved in more than 65 companies, many of them he founded himself. One of the things that makes Marc Sparks unique is that he was barely able to maintain a ‘C’ average in high school, yet he has gone on to become a multimillionaire. He is living proof that there is more to being successful in business and in life in general than academic success. After barely having the grades to graduate high school and without a college education,n Marc Sparks has gone on to do great things. Learn more: http://thebrotalk.com/bro-recommendations/dallas-entrepreneur-marc-sparks-spills-must-visit-list-wineries-dfw/

 

Part of the reason Marc Sparks’ has done so well in business is his ‘can-do’ attitude. Sparks is always willing to try his best and acquire the necessary skills to overcome any challenge he faces in starting or building a business. Another reason Marc Sparks has been able to do well is his faith in God. He says that the Creator has helped him to handle the many struggles he has faced on the journey to developing his companies. Sparks says there were a number of times he felt so low he did not know how he would be able to go on. But through faith he got the strength and was able to make his way. Learn more: https://angel.co/marcsparks3

 

Marc Sparks’ experiences have made him sensitive to the needs of others. Since the 1980s he has been supporting a homeless shelter called the Samaritan House. The organization offers food, clothing and shelter for hundreds of people every day. Sparks also helps the Samaritan House to provide educational assistance, healthcare, job training and employment opportunities for the homeless. The Samaritan House recently started a transitional housing program where they help people go from living on the streets to having apartments of their own.

 

There are many other philanthropic activities with which Marc Sparks is involved. Through his Sparky’s Kids foundation he has provided over a thousand computers for economically disadvantaged youth. He also builds houses with Habitat For Humanity and supports the high magnet program called American Can! Marc Sparks also helps budding entrepreneurs by providing them with financing, office space, mentoring and training in accounting and other skills they need to succeed. Through this program he has been able to help many Texas-based entrepreneurs to succeed.

 

Recently Marc Sparks published a book called ‘They Can’t Eat You’. In it he outlines the struggles and successes he’s had and what he’s learned from his failures. The goal of the book is to inspire people to pursue their dreams no matter what obstacles may stand in their way. Learn more: https://www.amazon.com/They-Cant-Eat-Marc-Sparks/dp/0990495000