With his building business portfolio, Hussain Al Nowais is a well known business strategist and industrialist in the United Arab Emirates (UAE) most especially in Abu Dhabi as he thrives with his new investment agency, ALNOWAIS Investments. Among his current projects include the worldwide expansion strategies of ALNOWAIS Investments as well as other strategic projects development in real estate, infrastructure, energy, industry and even hospitality.
As a well renowned business in the UAE, Al Nowais is best known for his large business portfolio because for over 30 years, he has worked with various projects of different fields from around the globe while focusing with projects such as financing, banking, investments, real estate, perto chemicals and other heavy industries as well as infrastructure and industrial developments in the international market. Al Nowais has also sold a number of businesses and lucrative IPOs and he is best known for his remarkable ability to turn unprofitable companies into something bigger and make them profitable ones.
He is also famous both in the private and public sector because he has actively worked with various projects that includes the building of organizations, developing effective structures, coming up with efficient viable strategies as well as recruiting new and developed teams and setting up rules and regulations in the regional as well as the national levels.
Currently, he is seating as the chairman of Waha Capital which is a public listed company that is known for diversified investments. In MENA Infrastructure Fund, an investment agency known for infrastructure projects such as airports, ports, power and water, Al Nowais also serves as the Chairman. He also has a notable experience in the field of hospitality and managing hotels as he is one of the board members of the famous Rotana Hotels and Real Estate Investment.
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. Being the former chairman and board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation also helped his establish a name for himself as he was also the chairman of the Etihad Railway that links freight and passengers from various cities within the UAE. Al Nowais is also known for being a former Board Member of the Abu Dhabi Ports Company with a remarkable 4 Billion dollar investment in putting up the biggest industrial zone in the entire 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.