Every climb to the top of a hill requires vision and a good amount of effort, no matter who starts the journey or to what nation they belong. This is true even as it pertains to the Chairman of Damac Group, Hussain Sajwani, while he considers his next big market move. In the case of Sajwani’s business opportunities, a possible IPO (Initial Public Offering) is representative of past events in commercial endeavors that span across the globe.
However, most of the power and privilege that Sajwani commands comes from his ability to serve institutions on a massive scale. That is the very reason why he does business in the real estate market in a time when Dubai has taken off to soaring heights. Damac Group has a reputation for being a high-profile company that does not hold back when it comes to laying on the razzle-dazzle to close a deal. It also does not shy away from associations with well known political figures. Although, Hussain Sajwani does make it his business to stay out of the affairs of politics.
At the heart of the matter, he has the uncanny ability to take a good thing and make something completely new and infinity better from it. As a matter of fact, he has a plaque that says as much, which acts as a symbol of his pride as a service oriented businessman. Hussain Sajwani has a fortune with origins in the food service industry. This mass of wealth is so impressive that the Damac Group stands ready to offer shares on the London Stock Exchange. This is just one more pool of trade in which this group can make huge waves.
Of course, nothing is guaranteed once a company decides to go public, but all signs point to things working out well for the Damac Group. All it requires is a banking institution that works as hard as Hussain Sajwani and his people do to provide service and advice on the matter. There are reasons for yes and no, but the Dubai market proves to be just as tricky and challenging as it is ripe with wealth. Another bottom line is that the Damac Group Chairman no longer settles for millions of dollars for yearly profits. He reaches for the billions, and never settles for less.