News For This Month: Companies

Making Money Rain for Your Business

Businesses normally face challenges, which are not an issue for Hussain al Nowais, the managing director and chairman of the famous Emirates Holdings, known for making dying companies live again and even succeed. 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.

In an interview, Hussain al Nowais shared that he has experienced the hardships of their parents back then. And truly time will come that you will reap what you saw, especially that they are now more than capable to sustain themselves due to hard work.

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. Years ago, their family stayed in an area of Corniche, and the town’s centre was Al Husn.

Hussain al Nowais was sent to Qatar to study since Abu Dhabi’s schooling was insufficient.This did not only happen to him but to many people before, considering as a norm.

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. That was the beginning of their family business, which is an organisation for trade.

When Al Nowais completed his high school in a school in Abu Dhabi, he then went to the U.S. in order to resume his education.

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. He even recalled how we build everything almost from nothing.

When his career was still on the state of growing, he was given a chance to supply equipment for electrical use for a department in the government.

The reason why Al Nowais is successful in his career is that he improved his knowledge and skills regularly.

Al Nowais was even clever enough to think that it is good to have a food business when the Gulf War began. His brilliance even made him acquire some businesses that are dying, wherein he restructured them and made them earn a lot once again.

And up to this day, he is still showing and sharing his excellence, such as having Federal Foods.