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. His current projects include leading the global expansion strategy of ALNOWAIS Investments and providing strategic project developments in the field of industry, infrastructure, energy, hospitality as well as real estate.
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.
Al Nowais is also known not only in the private sector but also in the public as he has worked actively with different building organizations and developing effective structures, creating viable strategies and recruiting sure win management teams and even set up policies and rules both on the regional and national levels.
Currently, he is seating as the chairman of Waha Capital which is a public listed company that is known for diversified investments. 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. He also has a notable experience in the field of hospitality and managing hotels as he is one of the board members of the famous Rotana Hotels and Real Estate Investment.
He is also known for his previous positions in the private and public agencies such as becoming the chairman of ADBIC or the Abu Dhabi Basic Industries which is a popular industrial conglomerate and being a prime mover in implementing the industrial diversification policy of the Abu Dhabi government which is working in partnership with SENAAT and the General Holding Company. He was also the chairman and a board member of the Executive Committee of Higher Corporation for Specialized Economic Zones and Zones Corporation which is notable for overseeing infrastructure as well as utilities development and the former chairman of the Etihad Railway for freight and passengers that links various cities in the UAE. Being a former Board Member of the Abu Dhabi Ports Company also helped him build his professional portfolio as this company 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. He was also the former Advisory Board Member of Khalifa University for Science & Technology or the KUSTAR, and was known as the most efficient Board Member of InvestBank.