The Dubai based billionaire real estate developer Hussain Sajwani is looking to improve on his business relationship with the Trump Organization. He has partnered up with Donald Trump’s organization in an effort to develop more luxury properties throughout the world. Sajwani met with Trump on New Years Eve and talked about completing a project called the Trump International Golf Club. This property will be situated near a number of luxury villas that have generated up to $2 billion in sales. Since he is the current President of the United States, Trump and will not make any business deals while he is serving his term.
Hussain Sajwani recently said that he has ties to Donald Trump’s children Eric, Donald Jr. and Ivanka. He believes that all three show great leadership and will likely help both parties expand on their real estate holdings. Sajwani believes that they will be vital to the overall business relationship between him and the Trump Organization. He has also stated that the Trump Organization is very protective of their brand and look to maintain a prestigious reputation for the firm.
Sajwani is the founder and owner of a real estate company known as DAMAC which is based in the United Arab Emirates. His company is known for making a number of glitzy properties in all parts of the world. As well as completing real estate development projects, DAMAC is also involved in the food service industry. During the Gulf War in 1991, the company helped provide food service to American troops. It has also been involved in a number of other operations in countries such as Bosnia, Somalia and other nations in the Gulf region.
Today, Hussain Sajwani and his company DAMAC are planning on making an initial public offering with the London Stock Exchange. This will be in addition to the company looking to take advantage of the recovery of real estate prices in the United Arab Emirates. The final decision in terms of getting the IPO will depend on what advice his company gets from banks within the next few months. His decision to make an IPO will also depend on the company’s intention to expand or take money from the company. Follow Sajwani on Twitter or Instagram.
Find out more: http://www.arabnews.com/tags/hussain-sajwani