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. There might be a lot of questions in your mind regarding the ways on how this UAE Businessman bloomed in this kind of business.
The experiences of Hussain al Nowais in his younger days have inspired him to succeed in order reach his dreams.
Hussain al Nowais shared that back in the days, they saw the sacrifices 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, as Hussain al Nowais described, can be compared to a village with no people. His family stays in Corniche before, and Al Husn was the former name of its centre.
The insufficiency of school’s in Abu Dhabi was the reason why Al Nowais went to Qatar to study.There was a norm before that people leave Abu Dhabi and go to Saudi Arabia or Qatar to get out from a difficult kind of life.
Al Nowais’ family only returned to Abu Dhabi, along with other families, when Sheikh Zayed bin Sultan Al Nahyan became the president of UAE. Their progress as a family started with Al Nowais’ grandfather who from a pearl merchant became a trader for foodtsuffs and materials. The business was good, making their family have a trade organisation.
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.
He earned his success through acquiring skills and knowledge and continuously improving them along the way.
Even the beginning of Gulf War was seen by Al Nowais as a chance to begin a food business, because of its necessity. He even bought dying businesses and restructured them, making them reach the pick again.
And up to this day, he is still showing and sharing his excellence, such as having Federal Foods.