Hussain Sajwani’s Business Empire Keeps Spreading beyond the Shores of the Middle Eastmmm

Every company starts from a particular geographical location and later spreads as each of its component-units records increasing growth. The Hussain Sajwani’s business empire is no exception. Virtually all his companies started from the Middle East, even the DAMAC owner came from that part of the world; his father being of the middle class in Dubai then.

Hussain Sajwani keeps proving to the world the immense entrepreneurial acumen he possesses by not only subduing his territory but also penetrating outside territories. With more details, this point will become crystal clear.

Shortly after graduating from the prestigious University of Washington in 1981 with a degree in Economics and Industrial Engineering, he launched his first company – a catering outfit. In no time, the firm started taking giant strides in business serving over 200,000 meals daily, an uncommon feat in the Middle East as a whole. That was not all. The company’s network of clients and customers eventually spread across a number of continents in the globe.

According to Bezaat.com, the case of DAMAC Properties, one of Hussain Sajwani’s Group of Companies, is well known to many people. In fact, he is popularly referred to as the DAMAC owners. Visitors and tourists in Dubai and key cities in the Middle East prefer the numerous five-star luxury hotels own and run by DAMAC Properties. The company is also into construction and development of properties around the world. At the moment, DAMAC is one of the largest property developing companies in the entire Middle East. Even in the United States, properties developed by DAMAC abound. Donald Trump, the U.S. current president, had once been a client of the DAMAC owner. The company developed a couple of golf courses for him in 2013.

Other companies belonging to the Hussain Sajwani family include DICO Investment, Al Amana Building Materials, Al Anwar Ceramic Tiles Co., and Al Jazeira Services. The family also engages in philanthropic works running a number of charity foundations in the process. These foundations are solely financed by the Sajwani’s . Recently, Hussain Sajwani gave out AED two million to provide for the clothing needs of a million underprivileged children.

Read more here: roayahnews.com/news/2018/

Philanthropist Hussain Sajwani: Dubai-based Property Developer

Hussain Sajwani, the renowned United Arab Emirates philanthropist, is a focused entrepreneur who has registered tremendous success in the real estate sector. Sajwan had a humble start in the food industry where he offered catering and food services to Construction Grand Batchel and the United States Military. In 2001, when the Dubai government finally allowed its foreign residents to own property, he moved into the lucrative venture of real estate. A year later, he founded DAMAC properties, a Dubai-based developer of luxurious private residential, commercial and leisure properties. DAMAC properties has since expanded its services to Jordan, Qatar, North Africa, Lebanon, and Saudi Arabia. To date, Hussain Sajwani is the chairman of DAMAC properties.

As early as 2012, DAMAC properties had successfully developed over 8,800 units with over 19,000 properties in the Middle East nearing completion as at that time. At the moment, DAMAC properties is the most known company for the development of luxurious apartments in United Arab Emirates. Under the chairmanship of Sajwani, the company has exercised professionalism in undertaking deals from marketing to delivering property.

The DAMAC Owner Hussain Sajwani enjoys a good working relationship with the Donald Trump family, the president of the United States. He has regularly hosted the Trump family for dinner, and Trump’s two sons and daughter have been regular visitors to his home. In 2013, DAMAC properties partnered with Donald Trump to develop two golf courses.

In an article by Forbes, it says that as part of Community Social responsibility, DAMAC properties has been in the forefront of promoting the United Arab Emirates cloth campaign. This initiative which was launched by the Prime Minister and Vice-President of the United Arab Emirates, His Highness Sheikh Mohammed Rashid Al Maktoum, aims at providing clothing and shelter for over a million deprived children worldwide. Recently, Sajwani was seen handing over a cheque of AED two million, an amount that would cater for at least 50,000 children.

When it comes to marketing, Hussain Sajwani is well known for extravagance. Occasionally he offers Lamborghinis freely to those who buy apartments. He has also teamed up with Bugatti and Versace for co-branding deals, read more on Instagram.

Know the salary range of employees at DAMAC: https://www.payscale.com/

Lee May’s strides to take over the global real estate market

Over the years Lee May has been slowly but steadily climbing the ladder to make him the most successful realtor in London. It has not been easy especially since many competitors are also eyeing the same position for themselves. The higher he has climbed, the higher the stakes have been for him as the deals involved can be in the range of billions in cash. The slice of the cake can only be had by a few at this level and for that to happen other big names are involved including his own. Lee May has more than once proved himself to be more than capable of handling high stake transactions as well as real-estate developments that have made him be sort after.

Real estate is not a walk in the park because it is a cut-throat business that few ever succeed in and to make it even more difficult a city such as London does not pride itself in nurturing individuals who seek out to make a living from such an occupation. This can be attributed to the limited space that development can take place as well as strict property laws that can land somebody in jail should they be broken. Such is the playground in which Lee May started with and to which he has honed his skill to make him have an edge in the business that few would consider.

The harsh environment helped him develop a rare set of skills that enabled him to expand his business onto the international stage that has made him renowned worldwide. For example, in a recent venture, he successfully closed a deal which was situated in Hong Kong that was valued to be over three hundred and eighty million pounds. Following its success, Lee May’s name has been in the headlines since as it was a significant step made in the right direction. Away from his business endeavors Lee May is a charitable individual who gives his time and efforts to help those in need. One of his areas in interests has been in the field of boxing whereby he has sponsored many charitable races to aid the sport as well as the youth who benefit from it.

 

Which Floats Do Stansberry Research Parade?

Using insurance companies to grow wealth has been a strategy used by the likes of Warren Buffet and others to great success. So, taking a look at insurance companies and how they can grow capital may be a good way to learn and understand this effective financial strategy.

 

There are several areas to cover. We’ll first take a look at getting reliable information. Then, let’s peer into the insurance companies themselves. And, finally, how and why to invest in insurance companies.

 

Where Can You Get Reliable Information?

 

Whenever you’re trying to make an investment, whether it be to buy a cup of coffee or to buy shares on the S&P 500, you want a trustworthy source of information. You need a credible source in order to weigh your options and make a decision.

 

So, who is Stansberry Research? And, why should you listen to them?

 

Stansberry Research was founded in 1999 by Porter Stansberry. The company publishes a monthly financial advice newsletter. Those newsletter contributions come from a field of financial experts based on the principle of only giving advice they themselves would want to receive. And, because of its focus on quality, Stansberry Research has grown to over 500,000 global subscribers.

 

Now, it’s not always easy to get access to all of the information on public corporations. So, after some digging, Stansberry Research has drawn the following conclusions about investing in insurance companies.

 

The key to choosing the right company to invest in is to make sure the company’s business model doesn’t put the float in short-term investments.

 

Here, the float refers to the money the insurance company collects for its policies. If the company can preserve some of the float, it can steadily grow the pool of capital with long-term investments.

 

But, in the newsletter, Stansberry Research, also, warns there’s a difference between investing in an insurance company and operating one. And, it cautions it’s readers against trying to operate an insurance company because of those who have tried and lost 34 percent of their company’s value in the process.

 

It might be worth listening to Stansberry Research’s advice since the company has an impressive companies. Over the last six years, the insurance stocks recommended by Stansberry Research have produced an average annual return of 20 percent.

 

Jed McCaleb: Predictions and General Information Recap

Jed McCaleb is the Stellar co-founder and invented the Mt. Gox bitcoin exchange. He has a prediction that blockchain technology will come with an outcome in a “universal payments network”. Another thing he pointed out is the occurrence of initial coin offerings are displaying “markets not tapped right now by the financial system”. Something else, is he anticipates those that aren’t crypto assets like stocks will end up being loaded with exact technology. He also sees technology of cryptocurrency will influence stock markets, global payments, and fundraising in the close by future.

Jed McCaleb has participated in some of the largest crypto organizations right now. This starts with the Mt. Gox exchange of bitcoin. McCaleb is currently working for Stellar also as chief technology officer. Having this job centers on creating a network of cryptocurrency for payments that are cross-border with some big banks.

In a post from globalcoinreport.com, the network of Stellar is declaring transaction settlement time of close to five seconds or fewer. This is a fraction of bitcoin and it lets users to trade fast currencies backed by the government like the U.S dollar and euro. Also, McCaleb remarked that the occurrence of the sales of tokens display full markets that aren’t currently by the financial system utilized by the system of finance. Offerings of initial coin have brought up the identical of almost $9 billion in a little over four years. This information was from Autonomous Next which is a firm of financial research. One more thing to mention is that Jed McCaleb has an expectation that non-crypto assets like stocks will get loaded with the exact technology.

In his Bloomberg profile, it shows that Jed McCaleb has been serving as the Co-founder of Stellar Development Foundation since June 2014. This is a non-profit organization that gives to software that is open-sourced. Right now is creating decentralized systems that are democratizations of participation of economics. He has also been the Founder and Chief Technology Officer for “MetaMachine”. Which went on to creating other companies like kdrive and e Donkey2000. K-Drive is a storage system of files that in a fragmented way let files get safely transferred.

Further reading: https://www.financemagnates.com/cryptocurrency/news/stellar-ceo-want-real-enough-dot-com-bubble-pops/

Jed McCaleb Talks About New Payment System In CNBC Interview

According to the creator of Mt. Gox and the co-founder of Stellar, the application of blockchain abilities will finally lead to the creation of a universal payment network. McCaleb is a long time developer in the cryptocurrency industry. He is among the original innovators of the industry. He developed Mt. Gox when the industry was less than three years old. It was the first centralized exchange for bitcoin. It was being used to transact over 80 percent of bitcoins in the market at the time. The creation of Mt. Gox was just an opener for McCaleb; he has gone ahead to create numerous other innovations in the industry.

Jed McCaleb recently opened up about the possibilities of the blockchain industry. In an interview with CNBC, he revealed that blockchain would be used to alternate funds, trade stock markets and fundraise. This is where the technology is leading to in the next one decade. Jed McCaleb is currently working with Stellar trying to transform the cryptocurrencies industry by applying the most important aspects of the industry. He is leading in efforts to create a cross-currency payment system that will allow people to pay with the cryptocurrencies directly without changing to any other currency first.

According to globalcoinreport.com, the blockchain based payment system will be a ledger that cannot be changed easily or controlled by anyone. It will also allow people to enjoy the currencies they love such as the euros and the dollars. You will be able to make a payment in cryptocurrencies which will then be received in dollars or any other currency. IBM is working with Stellar to make this technology a possibility. They have incorporated the big banks in the world which will facilitate the transfer. According to Jed McCaleb, the initial coin choices sign total does not tap the possibilities of the whole industry. The initial coin choices have made the industry insecure by allowing fraudsters to take advantage of the vulnerabilities and at the end of destroying the market significantly.

According to McCaleb, he is hoping that in the next one decade, there will be changes that will significantly affect the industry such that the whole financial sector will be running on blockchain technology.

Get in touch: Jed McCaleb | LinkedIn

Roberto Santiago: The Brazilian Mall Visionary

Imagine this, you are in Brazil, and your brother is with you, and… He is hungry, but he does not know if he wants to bet on the fast food style or prefers something more sophisticated, okay, go to Manaira – there are many options, there are food court, hamburgers and restaurants, Espaço Gourmet offers the most sophisticated chefs from Paraiba cuisine. Want to rent a ballroom, go to the gym, then go to the Manaira. It even has branches of universities in the place and, even, a house of shows.

 

It was in this that one of the most visionary entrepreneurs in the country, such as Roberto Santiago, was weighing – many options in one place, and the versatility and practicality adding positively in today’s daily life so rampant and tumultuous. Well, looks like the manager did it.

 

In addition to all the technology and contemporaneity, and as a reference in laser, fun and entertainment in the city, Manaira Shopping – as well as Mangabeira, designed a few years later – brought to the region great economic and social development. The houses in the surroundings of the Shopping had great appreciation, as well as the locality in general. Several companies began to take an interest in the neighborhood of Manaira and the city of João Pessoa, giving residents more and more options…

 

In addition, the store: O Boticario opens store in Manaíra Shopping. The leading brand in perfumery in Brazil – O Boticário – has returned to work in the market paraibano. The group is opening several stores in the capital, especially those of the Mangabeira and Manaíra malls. The Manaíra store, located on the second floor, was inaugurated this morning (20) and was attended by the executive Oswaldo Moscon – national director of the franchises of O Boticário – and the entrepreneur, owner of the mall, Roberto Santiago.

 

The inauguration of the most modern shopping center in the capital of the state of Paraíba for guests, Mangabeira Shopping, held on Saturday night (29), was marked by strong emotions, with the highlight of the party being the testimonies of businessman Roberto Santiago, his son Renan and his daughter, Marcela. The most contemporary shopping mall in the city is located on Avenida Hilton Souto Maior, in the southern part of the city, a town that concentrates 46% of the population of the capital of Paraíba. The mall has 212 stores, being 17 anchors, will generate about 4,500 direct and indirect jobs and consumed investments of nearly half a million reais from the entrepreneurs Roberto Santiago and Alberto Wanderley.

 

More than five thousand people, among shopkeepers, businessmen, politicians, authorities and guests accompanied the solemnity that began around the time of 9 pm.

 

Heather Russell: A Superstar in Global Financial Services

In May 2018, Heather Russell decided to vacate her position at Buckley Sandler, LLP and join TransUnion serving in the capacity of Executive Vice President and Chief Legal Officer. TransUnion is among three major credit reporting bureaus in the US and has a global footprint spanning over 30 countries. During her tenure at Buckley, Heather split her office hours between the firm’s offices in New York and Washington DC. She headed the Buckley Sandler’s Financial Institutions Regulation, Supervision & Technology division that handled clients in financial technology, banking, and financial services.

According to Wikipedia, before her stint at Buckley, Heather played various leadership roles mainly in banking institutions like at the Bank of New York Mellon and the Fifth Third Bank. The latter is the 12th largest bank in the United States and she served in various leadership capacities; Executive Vice President, Corporate Secretary, and Chief Legal Officer. While at the Bank of New York Mellon, Heather launched and headed the global Office of Public Policy and Regulatory Affairs, which is responsible for the institution’s affiliations with regulators across 100 countries. Another notable position was at Skadden, Arps, Slate, Meagher & Flom, LLP where she handled mergers and acquisitions and corporate finance.

Heather Russell attended The College of William and Mary in Williamsburg in Vermont for undergraduate receiving a BA in Biology and English. She then proceeded to enroll at American University’s Washington College of Law where she became an editor for the Law Review. In addition, Heather was accorded the highly coveted “Most Outstanding Graduate” accolade. With over two decades worth of career experience in global financial services, it is quite befitting that Heather landed a professor’s role at Boston University’s School of Law.

Ahead of her reporting date on June 4th, the President and Chief Executive of TransUnion, James M. Peck, welcomed Heather Russell to the fold stating that he is confident that she is a suitable addition to the leadership team. Peck added that Heather’s leadership acumen will be instrumental as TransUnion gears up to innovate and execute a growth strategy. This indomitable player is rising to the top of the field and her star will continue to soar to greater heights.

Related site: https://www.crunchbase.com/person/heather-russell-koenig

Hussain Sajwani: Visionary Entrepreneur, Savvy Businessman And Committed Philanthropist

Internationally known Middle Eastern businessman and entrepreneur Hussain Sajwani is the founder, CEO and chairman of the real estate development company DAMAC Properties. A native of the United Arab Emirates, Sajwani has a degree from the University of Washington. After college, he was hired as a contracts manager for an Abu Dhabi National Oil Company subsidiary called GASCO. A few years later, Hussain Sajwani left GASCO to go into independent business. In 1982, he founded a catering company and secured contracts to provide food services for employees of the construction giant Bechtel as well as members of the U.S. military stationed in the Middle East.

Hussain Sajwani began investing in real estate in Dubai in the 1990s. Seeing the thousands of people that regularly came into the country to do business, he began building hotels to provide quality accommodations for them. When the government of Dubai decided to let foreigners buy property in the emirate in 2001, Hussain Sajwani saw a lucrative opportunity. He founded DAMAC Properties the next year and began buying real estate and building and selling condominiums and apartment homes. Within six months, he had built and sold entire developments filled with hundreds of condos.

A very shrewd businessman, Hussain Sajwani has assembled a team with expertise in administration, finance, legal services, marketing and sales. DAMAC Properties now has a staff of over 2,000 and has completed prestigious construction and real estate development projects in London, Dubai, Beirut, Abu Dhabi, Riyadh, Doha, Jedda, Amman and many other important global cities. Sajwani’s company is now among the Middle East’s largest luxury property development firms with over 22,204 homes sold and more than 44,000 units under development. In 2013, Hussain Sajwani and Donald Trump joined forces to build two Trump-branded golf course developments in Dubai.

Hussain Sajwani has continued to make major moves. He founded DIO Investments through which he’s involved in regional and global investments, private equity and capital markets. Hussain Sajwani, who now has a net worth of over $3.1 billion, is a committed philanthropist and supports charitable organizations and causes worldwide benefiting needy children and families.

Facebook Official: https://www.facebook.com/HussainSajwaniOfficial/

Why Jed McCaleb Built The Stellar Development Fund

Jed McCaleb is a 21st-century innovator who lives in San Francisco. He invented Stellar. Stellar is a financial platform which used for fast transfer of capital. It links people and financial institutions such as banks. Jed is also the co-founder and head of The Stellar Development Foundation.

Background

Jed conceived the idea of Stellar around the beginning of what historians may call the Crypto age. It was a time when cryptocurrencies took the financial world by storm, fast becoming popular across borders. It was also a time when thinking men were trying to free humanity from the constraints of money transfer that enslaved the human race for centuries. Jed needed to create a means to a fair distribution of resources in the world. He worried that many developing countries were not making economic progress because of constraints in international money transfer. He wanted to provide affordable global online money transfer that was fast and secure.

Education and Empowerment

According to McCaleb, he believes that access to finance is key in creating jobs and reducing poverty. His greatest concern is the population which does not have access to finance and banking. He is aware that many people, especially women, in developing countries avoid banks because of the high bank fees. These include the hidden charges on loans and savings. Others are ignorant about what banks can do for them. Others leave too far away from banks. Through Stellar, he wants to educate the world’s poor of the benefits of banking.

Philanthropy

The Stellar Development Fund has no profit for investors and workers. It concentrates on the transfer of XLM, a kind of cryptocurrency that is almost free. Jed aims to provide free banking for people who have no bank accounts. Stellar provides free and quick money transfer across borders.

Jed McCaleb aims to help all people in the world have easy access to finance. He believes this is possible if everyone has a cheap way of banking. He believes, the world will realize financial freedom and equal distribution of resources, when everybody is involved in the management of the globe’s resources.

Article source: https://www.financemagnates.com/cryptocurrency/news/stellar-ceo-want-real-enough-dot-com-bubble-pops/