Getting To Know Hussain Al Nowais
Being the chairman and founding member of ALNOWAIS Investments which is a growing investment agency in Abu Dhabi, Hussain Al Nowais is famous for being a renowned business strategist and industrialist in the city. 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.
Al Nowais is also known not only in the private sector but also in the public as he has worked actively with different building organizations and developing effective structures, creating viable strategies and recruiting sure win management teams and even set up policies and rules both on the regional and national levels.
He is currently the chairman of the publicly listed company Waha Capital, a company known for its various investments in the business field. 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 is also one of the renowned board member of Rotana Hotels and Real Estate Investment which is a leading investor in the field of hospitality as well as hotel management.
Some of his previous positions include being the Chairman of the Abu Dhabi Basic Industries of the ADBIC which is a famous industrial conglomerate and a prime mover when it comes to implementing the government of Abu Dhabi’s industrial diversification policy in partnership with the General Holding Company and SENAAT. He was also the chairman and a board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation which is notable for overseeing infrastructure as well as utilities development and the former chairman of the Etihad Railway for freight and passengers that links various 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. He was also the Vice Chairman of Abraaj Capital which is the biggest equity group in the entire MENASA or Middle East, North Africa and Southeast Asia, with a whopping 7 billion dollars of investments in the market. 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.