DAMAC, a real estate development company based out of Arabia, chairman Hussain Sajwani is looking to expand the presence of his organization to new regions worldwide. Hussain, as DAMAC owner, is specifically interested in development opportunities in Asia, more specifically China. With room for economic growth and an emerging middle class Hussain Sajwani plans to increase DAMACs activity in the region. Already delivering upwards of 20,000 homes the DAMAC owner is looking to leverage this to their benefit to expand their market presence throughout the world. The open real estate market of the early 2000s was a perfect opportunity to develop DAMAC properties and build the foundation of the organization.
The goal of the organization is to be a gateway between the East and West building a strong unified nation. DAMAC owner Hussain Sajwani believes all DAMAC employees are responsible for the growth, innovation, and performance within the organization. Varying views, perspectives and ideas, a direct result of the company’s diversity with over 77 nationalities from each continent employed, are a invaluable advantage to the company. Creative thinking within the organization is encouraged on a team by team basis through brainstorming, sharing ideas, and company wide fitness challenges to promote a healthy lifestyle. Social media is also an important marketing tool positively promoting two way, relevant, respectful communication between DAMAC and their clients.owner
Hussain Sajwani, the 10th richest Arab in the world, and DAMAC do not concern themselves with policies and changes in exchange rates, trade wars, tariffs, unpredictable oil prices, and geopolitics unless they directly affect the company. This way the DAMAC owner can make small, but pertinent, as per bezaat, adjustments and changes within the organization to grow, adapt, and make the best of each opportunity presented while simultaneously reducing negatively impacting factors. DAMAC is a public company, with books open for public review, promoting transparency throughout the company. Both education and experience are responsible for the progress, worldly knowledge, and enriched experiences of DAMAC. By welcoming ambitious, goal driven, high performing individuals with a desire to improve the organization continues to grow exponentially.