Hussain Sajwani Continues Trump Business Relationship with his Children

Real estate developer Hussain Sajwani is a titan of the industry. Based in Dubai, Sajwani is the founder of DAMAC Properties, a company Forbes ranked as number one on their 2017 Global 2000 list. Among his philanthropy, his success, and his unwavering support for the city of Dubai, at present most people are looking at Sajwani for his ties to President Donald Trump.

 

According to aliqtisadi.com, Trump and Sajwani collaborated on the very successful Trump International Gold Club. At present luxury villas there are selling at about $2 billion each. That is $2 billion with a ‘b’. During his campaign Trump advocated that he will resign from business deals, leaving his company in the hands of his children. So Hussain Sajwani is building his relationship to Trump’s children. “His children are very involved,” Sajwani said in an interview, “There will be no issue in expanding our business relation.”

 

Hussain Sajwani, the DAMAC owner, started simply, in the food service business. He began his career as a caterer, serving the U.S. military and construction company Bechtel. He turned to real estate in 2oo1 when foreigners where given permission to own property. Since then he has catapulted up the ladder of success. Sajwani and Trump met during the opening of Trump’s Washington Hotel. The Trump International Golf Club is the second gold club the two have built. Despite Trump handing the reigns down to the next generation, Sajwani has no plans to back off the collaboration between the two companies.

 

Many have cried foul over Trump’s relationship to Sajwani, calling into question the intersecting interests it creates I the Middle East. Hussain Sajwani is good friends with the emir of Dubai, a natural relationship when looking at all Sajawani is doing for the city. His financial links to the Oval Office and ties to the emir flare the nostrils of many ethics watchdogs. Sajwani dismisses the suspicion by stating he is not politically involved.

 

Over at this website: https://www.thenational.ae/business/property/damac-s-founder-ready-to-sell-15-per-cent-stake-1.696071

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