Hussain Sajwani was born into entrepreneurship as his father owned a shop selling products imported from China. Before attending college, he obtained a government scholarship and moved to Washington State where he attended the University of Washington and earned a Bachelor’s in Industrial Engineering and Economics. Later starting a career in the United Arab Emirates in the oil industry.
Within a few years, Sajwani changed course and started a business, catering to customer’s like the United States Military and Bechtel, one of the largest construction companies in the United States. His business grew into a behemoth and still operates to this day, serving customers all around the world in various industries like education and hospitality in addition to some of its primary clientele.
In 2002, Hussain Sawjani left catering and founded DAMAC Properties, which quickly became one of the largest developers in the Middle East. It has amassed some 19,000 apartment buildings, including an upwards of 44,000 units all in multiple stages of development. Thirteen years later DAMAC went public on the Dubai Financial Market, adding to its success.
More recently, DAMAC continues to see success on a global scale with properties throughout the Middle East and Europe with plans to expand in the United Kingdom and the United States. They have entered into partnerships with notable developers like the Trump Organization in a deal that will see a total of two Tiger Woods-designed golf courses erected in the UAE. With this deal and Trump’s presidency, Hussain Sajwani sees continued success in the first. So much so that depending on coming market trends, there are plans to potentially sell a stake in the company to create more liquidity for assumed further growth.
Hussain Sajwani’s outlook for the first is also high as they have yet to reach supply and demand equilibrium in the last three years. For example, demand calls for a minimum of 15,000 units a year, but in the previous three, DAMAC has produced less than 10,000 units a year. With future opportunities, Sajwani sees out increasing to more than 10,000 to 12,000, still below demand but a sure indication of a table market moving forward.
CNBC in January had an opportunity to sit down with Hussain Sajwani, Founder and Chairman of DAMAC properties during the World Economic Forum 2018. They touched on many different subjects including the development of two golf courses, Sajwani’s outlook on the property market in Dubai, and opportunities he sees in the United Kingdom.
Regarding the construction of two golf courses designed by Tiger Woods, they will be managed by the Trump Organization. Concerns raised whether President Trump, often associated with his brand, would effect DAMAC’s business performance as a result of his decision on Jerusalem.
Hussain Sajwani reassured his interviewers that he believed there would be no effect whatsoever. In fact, not only did the completion of the first golf course result in favorable results regarding its design and build-quality of the course, but DAMAC could see growth when results are shared later on. Sajwani also added that the golf course is one of the best in the world.
When it came to the property market in Dubai, Hussain Sajwani first addressed concerns of overcapacity. The market in Dubai is calling for at least 15,000 units every year, where over the last three years DAMAC has produced less than 10,000 overall units in each of those years. Therefore, not only is there room for growth but in the coming years, he expects production to draw closer to 10,000 to 12,000 units. Not just coming close to a supply and demand equilibrium, but it is also clear there is room for substantial growth in the market moving forward.
Lastly, Hussain Sajwani remarked his thoughts on growth in the United Kingdom. With an overflow of cash flow, he believes this cash is not fully leveraged at presence. Therefore there is a desire to invest in the right places. One of which is the UK, especially following Brexit where the pound is now priced more attractive when compared to pre-Brexit. The property marketing is also much more appealing as a result.
With the foreseen continued growth, Hussain Sajwani surely can expect to see DAMAC continue to perform despite perceived headwinds such as the recent headlines the President made.
In today’s society, there is a generation of people that is struggling managing their finances while trying to help out their family members. It’s being coined as the “Sandwich Generation.” With people living longer than expected, adult children sometimes find themselves in a position to have to support their parents financially.
The sandwich generation is not only having to provide for their aging parents but also their college-aged kids. According to a recent study conducted by the Pew Research Center, it is estimated that one in seven middle-aged adults are stuck as part of the sandwich generation.
It’s very typical of advisors such as HCR Wealth Advisors to have clients who have major concerns about being able to live on their retirement savings. The team of independent advisors at this registered investment advisory firm work to develop personalized financial plans to help their clients reach their financial goals. HCR Wealth works to educate clients and protect them against risk.
Being stuck in the sandwich generation is a preventable and the method of preparing a financial plan is plausible. If planned appropriately, you can avoid making financial mistakes, such as making an early withdrawal from a retirement plan to offset expenses. As a registered investment advisory firm, HCR Wealth Advisors counsels clients on how to best make use of their investment money.
Planning by adult children who take care of aging parents should be equally meticulous. Adult children should know the discretionary expenses compared to their parent’s retirement income. Since longevity is continuing to be expanded and people living well into their 90s, adult children should have an expectation that at least one of their parents will outlive their retirement.
Connect with President of HCR Wealth Advisors on LinkedIn: https://www.linkedin.com/in/greg-heller-37342a9
HCR Wealth Advisors is not affiliated with this website
What are the pros and cons of trading with AvaTrade? Is AvaTrade legit? What did the latest AvaTrade Review discover?
Since 2006, AvaTrade has been turning heads. It offers a good balance of commodities, currencies, cryptocurrencies, indices and ETFs for trade. It is regulated by a couple of governments, including the Central Bank of Ireland and ASiC.
You need to find USD$250 somewhere to satisfy the minimum deposit rules. Then, you can use your smart phone to trade using the MetaTrader 4 application. You can even plug in a signal service to Meta Trader 4.
More than 200,000 members have been making money on AvaTrade. They must like its features. These members are in Ireland, the UK, South Africa, France, China, Mongolia and other countries.
You can earn a Welcome Bonus. Refer a Friend and get another bonus. AvaTrade believes the “more the merrier.”
Bitcoin Fans Are Welcome
You can find Bitcoin, Ethereum, Dash and Ripple at AvaTrade. Other brokers have not remained current with the digital coin revolution. You have a lot of interesting trades available.
You can consider the first Bitcoin fork of August 1, 2017 that created Bitcoin Cash and determine how these different digital tokens will gain or lose value. If you like the decentralized characteristics of eMoney, they you might want to invest in Bitcoin Gold. AvaTrade provides you with a variety of choices.
Its Greek to Me
Is Greek customer support available? Yes, one of the languages supported at AvaTrade is Greek. There are branches in China, Mongolia and France.
Which of the AvaTrade awards from FX Empire is the best? From 2013 to 2016, this broker won many awards. Some of these were for “Best Broker.”
The latest AvaTrade Review found a number of assets available for trading. The platform is very mature. One con might be the withdrawal time period of 5 days. Otherwise, the AvaTrade platform has a lot to offer.
Ryan Seacrest is famously busy throughout the day. Once in an interview he ticked off the number of jobs he had, including his live radio show “On Air With Ryan Seacrest” among others, and ticked off nine of them. He says that he works efficiently in order to keep up with everything that is going on. He has also learned to consolidate some of his jobs to just one location. For instance, the studio for “on Air With Ryan Seacrest” is just down the hall from where his tv show tapes.
Another way he keeps up with the pace is by having developed a great team around him. He says he has experts on his staff to help him manage each of his jobs. They keep him updated on what is going on and what’s coming up next. He says he also gets a series of emails at the end of each day where he is told what happened in each division.
It was 13 years ago that Ryan Seacrest founded a production company. He says it started with just one employee. He was watching “The Osbournes” and he found it really great. He thought about starting something similar with another family. He knew Kris Jenner wanted to start a show about her family and Ryan Seacrest thought that was a great idea. The result was “Keeping Up With the Kardashians” and now it has had numerous spin-offs that he also produces.
While he had success in Hollywood before hosting American Idol, that was the show that put Ryan Seacrest on the national map. His hosting of that show led to numerous opportunities to host other events, among them New Year’s Rockin’ Eve on ABC. He started appearing on that show in 2005 while the longtime host Dick Clark took more of a back seat due to his having suffered a stroke.
“On Air With Ryan Seacrest” is on each weekday. It is a four-hour live radio show which is on from 6 a.m. to 10 a.m. PT. He used to produce this show in California but he has since moved the studio to New York.
Securus Technologies is a company that needs no introduction in the corrections sector. Over the years, the products and services of Securus Technologies have helped the corrections sector to become technologically advanced. Some of the investigative technologies offered by the company are responsible for saving the lives of many people, including many officers as well as civilians. Recently, the company announced that it has finally developed the drone detection technology that would not let the drones enter the prison perimeter undetected.
Drones have suddenly become a problem for the correctional facilities in the last few years as the criminals have started using it to transport contraband inside the prison. The correctional facilities have all the technology it can need to ensure that no land transport of contraband is possible, but from something, air dropped can’t be easily dropped. It is what drones have been doing for the criminals. In many instances, the corrections officers have found that the contraband packages does not only carry drugs, money, and knives but also guns. It can be highly dangerous for the security of the prisons, which are otherwise considered to be highly safe and secure.
Securus Technologies has recently announced that it has the technology needed to stop the drones from supply contraband inside the prison. The company has launched the drone detection technology that would quickly detect that has infiltrated the prison premise. As soon as any drone, irrespective of make, model, and size enters the prison perimeter, an alarm will set off that would make it easier for the corrections officer to be alert about the presence of drone in the area. The location of the drone would also be detected by the drone detection technology, so that the drone is not only captured but that the contraband it is carrying is seized before it reaches the wrong hands.
Clayton Hutson is a live sound engineer and production manager. After taking college courses as a theater design student, he worked his way up as an audio engineer and project manager throughout the live music industry. Hutson’s firm mainly works in rock music where his company manages, designs, and and produces concerts. Services offered are: production design/management, show producer, monitor engineer, rigging, and logistics/stage management. Huston and his company have worked with big-name artists including Kid Rock and Pink.
Clayton Hutson interviewed in a Q&A corner with BroTalk, sharing his background, motivations, and advice. Clayton first shares that the success behind starting his own business comes from past skills developed in previous positions. Once the recession took a hit on his employer, Hutson saw an opportunity to begin his own venture. Hutson appeals to his clients by being detail-oriented, hard-working, professional, and attentive. Through providing a great experience to his current clients, he opens the door for potential clients through referrals of happy clients. The habits that help Hutson and his company succeed is being organized and triple-checking his work. Realizing that every detail has larger downstream impacts, Hutson prevents larger issues by breaking down and reviewing every detail. Hutson writes down every task to remain organized and help him envision the bigger picture. Learn more: https://medium.com/@claytonhutson49
Hutson continues to share his method behind visual concepts, set design, and audio by ensuring the dimensions appropriately fit the venue for each show. The trend that keeps Huston excited within the music industry is how modern technology continually enhances and provides new opportunities and features for shows. While keeping safety his priority, Hutson explains how modern technology and equipment are becoming progressively lighter, mobile, and brighter. Hutson shares the advice that he’d give his younger self is to prioritize family above anything else. He would also advise to remain honest in all evaluations of situations.
As a manager, Hutson believes that a person’s abilities and talent are more important than attitude. The reasoning behind this contradictory notion is that you cannot fully train an untalented but likable worker. To view the full article with BroTalk in which Hutson continues to share his experience, advice, and recommendations, click here.
When you hear the name Tony Petrello you probably think of the company Nabors Industries. Tony Petrello is the chief executive officer of the oil company Nabors Industries which is located in the state of Texas.
As an oil executive one would probably expect Tony Petrello to be very versed in the latest trends in the oil and extraction industries or to be aware of how to best serve consumers both at the corporate level and the individual level when it comes to energy use. Your expectations would be correct as Nabors Industries is one of the leading oil companies in the United States.
However there is much more to Tony Petrello than his background in the oil industry. Tony Petrello has also done his part to help pioneer advancements in the field of children’s healthcare. How many people are likely aware of the achievements that Tony Petrello has made in the oil industry they are probably not aware of his efforts with regard to supporting healthcare in Texas. CEO Tony Petrello has used his personal resources to help advance medicine where the issue of child neurological disorders are concerned.
Tony Petrello’s interest in child neurological disorders comes from a personal place. He and his wife Cynthia have a child who was born with a neurological disorder. Their experience attempting to provide the best quality of life that they could for their daughter let them to understand that both research, information and treatment with regard to child neurological disorders was quite lacking. Tony and his wife Cynthia saw this problem and decided that they would use their personal resources in order to do something about it. Cynthia and Tony Petrello decided that they would do their part to make life easier for children who are dealing with neurological disorders by donating to a local health institution. The Petrello family decided that they would donate $7 million to the Texas Children’s Hospital. The hospital was able to use the gift from the Petrello family to concentrate their efforts on researching neurological disorders. The $7 million dollar gift that Tony Petrello and his wife Cynthia gave was used by the Texas Children’s Hospital to launch a research initiative that is known as the Jan and Dan Duncan Neurological Research Institute. The Jan and Dan Duncan Neurological Research Institute at the Texas Children’s Hospital is doing innovative research on that is working on providing solutions to neurological disorders that did not exist mere decades ago.
The threat of nuclear attack on Israel by an Islamic nation has been looming over the heads of the Jewish people for years. Ever since a coalition of Islamic states joined forces in an attempt to destroy Israel when it was still newly formed there has been the fear that another attempt would be made. Learn more about Daniel Taub: http://jewishnews.timesofisrael.com/the-aliyah-100-list/ and http://israblog.nana10.co.il/blogread.asp?blog=864881
Now that Iran is pushing hard for the ability to master nuclear energy there is a very real possibility that such a nuclear threat will become a reality. While there has been a lot of wrist slapping from the United Nations as well as from the United States in the past over this issue there has been little progress on making any sort of necessary change to ensure that this does not occur.
One Israeli ambassador, Daniel Taub, is doing everything that he can to sway international opinion and change the hearts and minds of those who believe that Iran deserves to make its own decisions on this matter.
Daniel Taub has a very interesting resume to consider. He has worked in the United Kingdom since 2011, where he successfully put into place an international trade deal with the British Isles that doubled trade between the two nations involved.
Up until that point in history, there has never been a deal made that was so effective, with Taub’s deal doubling trade between the state of Israel and the United Kingdom.
This is only one of the international relations successes that Daniel Taub can place a personal accomplishment. Since his return to Israel, he has successfully increased relations between Israel, Jordan, and Egypt, and continues to make new ground in peace talks with other Islamic nations that they neighbor. Read more: Daniel Taub | Ideamench and Daniel Taub | Crunchbase
The main problem with doing the same thing with Iran is the reality that in the not too distant past the President of Iran threatened to wipe Israel off the map. This has made the Jewish government very uneasy, and one of the main reasons why Taub is doing anything he can to stop the nuclear acquisition.
It is unknown what sort of decisions the future will hold. If Taub is successful then it would mean that further relations between the two nations might become a possibility and would do wonders for the furthering of peace in the Middle East. With his experiences, there is no doubt that Daniel Taub has the ability to do this.
Whether you’re going on a business or personal trip out of Apia, the Fagali’I Airport can accommodate accordingly. A very small airport indeed, entailing only two airlines, but including various classes of travel within such businesses to best meet flight preferences. Leaving Apia can be tough to do, as the beautiful beaches, adventurous jungles, classy museums within a lovely culture can leave a lasting impression that one would surely dislike to give up. But in the instance that a trip is of demand out of Apia, the Fagali’I Airport can definitely provide adequacy as needed.
Over 300 flights a month are scheduled out of the Fagali’I Airport. If a flight is needed within a given day, pick up the phone call the Fagali’I Airport, book a flight and grab your suitcase. Get there early, if you will, a small but effective store is made available with snacks, beverages, reading material and more to keep you occupied. Airlines do make it a priority to get out on time, so if you’re looking to make an out-of-town business meeting promptly, you can have confidence that you will sit with your business group to be there for every second.
Read more on encontreomedico.com.br
Once you’ve completed your business meeting and have landed back into the Fagali’I Airport, the sweet smell of Apia air is refreshing and the staff of the Fagali’I Airport with their warm smiles and welcoming personalities are a treat. No other city compares to Apia, a Samoan culture of delectable foods; fun music and dancing, and art, with weather conditions of an average of 85 degrees Fahrenheit all year long and home to the mansion of Robert Louis Stevenson, which is now made into a museum for all to experience according to world-airport-codes.com.
The Fagali’I Airport welcomes flights coming in and to locations from all over the world. Book your flight from or to the Fagali’I Airport today and please make sure to take advantage of the many deals available to you during many portions throughout the year.
Find more about Fagali’I Airport: https://www.youtube.com/watch?v=IfEnb3wwtYo