Making Money Rain for Your Business
Hussain al Nowais, the Emirates Holdings managing director and chairman, enjoys taking challenges, such as making dying companies live and soar high in the world of business. It will be such an honor to know the success story behind this amazing UAE Businessman.
Hussain al Nowais grew up facing so many trials, which molded him to become the man that he is right now.
When Hussain al Nowais was still young, he and his siblings saw the struggles of their parents. And now, they are already enjoying the good things that they have earned.
He shared that back in the 1950s, drinking purified drinking water is already a kind of luxury while having an air conditioner for a room is just unthinkable. Abu Dhabi looked like a village with no citizens, as Hussain al Nowais described it before. He also mentioned that his family once lives in the area of Corniche, wherein Al Husn was the town’s centre.
Hussain al Nowais was sent to Qatar to study since Abu Dhabi’s schooling was insufficient.The norm before was to migrate to a different place, like Saudi Arabia and Qatar, to be able to survive.
Many families, which included the family of Al Nowais, decided to come back to Abu Dhabi when Sheikh Zayed bin Sultan Al Nahyan became the president. The grandfather of Al Nowais, who was once a pearl merchant, worked his way and became a building material and foodstuff trader. Their family managed to become a trade organisation after that.
Al Nowais went to the U.S. to study after he got his high school diploma from a school in Abu Dhabi.
After finishing a business administration course in the U.S., he was totally filled with wisdom and might, which gave him the courage to go back home in order to practice what he has learned. In 1978, Al Nowais was known to be one out of few who was able to study outside UAE and was able to successfully communicate with businessmen from different countries.
He was indeed very passionate about what he is doing in his life, which is why there is no doubt why he uplifted their family business into a trusted contracting, distributing, trading, and manufacturing company. According to him, he almost started from nothing in order to build what he has now.
When his career was still trying to grow, one event that he considers as the turning point was when he got a contract for a department in the government in supplying equipment for electrical use.
By improving his acquired skills and knowledge, he became successful in his chosen career.
Even the beginning of Gulf War was seen by Al Nowais as a chance to begin a food business, because of its necessity. By acquiring businesses that are already failing, he found ways to restructure and make them rise again.
In this very moment, he is still sharing his knowledge to many and earning more money, especially that Federal Foods is under his name.