Hussain Sajwani is the chairman, founder, and leader of DAMAC Properties who is expanding largely in the Middle East and has participated in an exclusive interview for CNBC. A background on Hussian indicates that he graduated from The University of Washington, thus starting out as a contract manager before founding his own catering business, now serving one hundred and fifty thousand people a day.
Now in the interview Hussain Sajwani is first questioned on whether or not his affiliations with Donald Trump might impact his business in an unwanted way, but Hussain clearly explains that while the market won’t be going up or down, the market is on more of a stable ground thus providing needed resistance to keep his DAMAC Properties afloat. He is even building two golf courses in the Middle East as a form of entrepreneurial expansion, thanks to his signed contract with Donald Trump.
The next topic covered in this interview is the number of stakes Hussain Sajwani is willing to sell from his business. Hussain Sajwani states that he is willing to sell, but only according to what the market is doing, as there could be fluctuations in prices and other such variables that may or may not affect Hussain’s final decision, even though he is confident that the prices have reached a sort of equilibrium at the moment. CNBC then moves on to the opportunities Hussain knows of in order to continue growing as a firm. His response is that the company’s cash flow is strong and reliable enough to reach other countries like North America, Europe, London, and the UK. He is especially looking forward to London because of the investment opportunity the Euro Pound offers in hindsight to the US Dollar which was measured twenty four months ago. In the end CNBC then concludes their time doing the interview.