With his building business portfolio, Hussain Al Nowais is a well known business strategist and industrialist in the United Arab Emirates (UAE) most especially in Abu Dhabi as he thrives with his new investment agency, ALNOWAIS Investments. With his growing projects, one of his current focus is heading the international expansion strategies of ALNOWAIS Investments and coming up with effective strategic projects with developments in energy, infrastructure, industry, real estate and hospitality.
Al Nowais is popular for his business portfolio of over 30 years of professional experience in banking, real estate, finance, investments and even other fields such as industrial and infrastructure developments, heavy industries and petrochemicals. He is also known for successfully transforming unprofitable companies into profitable ones as he has also sold various businesses as well as lucrative IPOs.
He is also famous both in the private and public sector because he has actively worked with various projects that includes the building of organizations, developing effective structures, coming up with efficient viable strategies as well as recruiting new and developed teams and setting up rules and regulations in the regional as well as the national levels.
He is currently the chairman of the publicly listed company Waha Capital, a company known for its various investments in the business field. He also seats as a chairman of the MENA Infrastructure Fund which is a popular Middle Eastern investment agency that delves in power, water, infrastructures, airports and ports. Al Nowais also has a wide background when it comes to hospitality and managing hotels because he is also seating as one of the board members in Rotana Hotels and Real Estate Investment which is one of the topnotch investors in such field.
For his previous notable positions, Al Nowais is also known for being the chairman of the Abu Dhabi Basic Industries or the ADBIC which s known for being a notable industrial conglomerate and a prime mover of the Industrial Diversification Policy of the Abu Dhabi government as it works in partnership with the General Holding Company and the SENAAT. One of his most remarkable positions include being the chairman and former board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation known for checking the infrastructures and utilities development and being the chairman of the Etihad Railway that links passenger and freight from the different cities in the UAE. He was also a former Board Member of the Abu Dhabi Ports Company that has a remarkable 4 Billion dollar investment in setting up the biggest industrial zone in all of Abu Dhabi which is known as the Khalifa Industrial Zone Abu Dhabi or the KIZAD. He was also the Vice Chairman of Abraaj Capital which is the biggest equity group in the entire MENASA or Middle East, North Africa and Southeast Asia, with a whopping 7 billion dollars of investments in the market. Another remarkable achievement in his portfolio is being the former Advisory Board Member of Khalifa University for Science & Technology or KUSTAR, and being and efficient Board Member of InvestBank.