Born in the United Arab Emirates in 1953, Hussain Sajwani is the founder of DAMAC properties as well as its current chairperson. DAMAC properties is an investment company focused on property and real estate.
In 2017, DAMAC properties was the world top most company that has grown tremendously while DAMAC Owner was named number 4 millionaire in the world by Forbes. His net worth is approximately $4.5 billion.
Struggle for existence surpasses Survival for the Fittest Hussain Sajwani in his recent speech on “An Opportunity to embrace Impactful Change.”
DAMAC Owner terms the phrase an impossibility. Since the world is ever-changing and change is inevitable. Change comes with challenges though which need to be addressed systematically. But it also possesses opportunities for growth.
Hussain Sajwani attributes the society’s change in behavior to great innovations and inventions in science and technology. He comments the societies and people for embracing emerging technology. Since they are a play a crucial role in providing global order.
He confirms that there are uncertainties on food security, socio-economic disparities, climate change and more. According to Hussain Sajwani, they are the major challenges hindering not only prosperity but also peace. He feels the ongoing transformations in socio-economic behavior in technology will be a major solution.
He further states that the middle east should be at the forefront of this transformation. Especially the youth and teenagers between the age of 15 and 29. The prominent DAMAC Owner says that EAU is the center of global politics. It’s human, geographical and natural resources makes them a global point of focus.
Hussain Sajwani is proud of the middle east population which stands at an approximate 400 million. He says that 25% of this population under the age of 25. Also, 40% of the oil reserve of the world’s oil is sourced from the middle east. A passenger traffic serving as an international terminal is indeed God sent.
He finishes his speech by saying the time for change is now. The time for self-empowerment is now, and everybody should rise. The rich and the poor, young and old and embrace the technological innovations. This will not only shape the Middle East but will highly contribute to prosperity globally and peace.