The Hussain Sajwani –DAMAC Foundation is a philanthropic initiative between the Chairman of DAMAC Group and the Group itself to support the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum of creating an endowed society through education and development of skills. The foundation is committed to enabling individuals within the Arab Zone through its initiative of “One Million Arab Coders.” The initiative is an education plan that will have a fantastic social effect on the society through enabling one million Arabs to have the practical knowledge and skills needed for future jobs.
The DAMAC Properties feel it has a responsibility of supporting the local people as well as the communities because it is an organization that is developing within the Arab region. The primary objective of the foundation is to ensure that people within the zone can maximize their potential through training, hard work, and determination. For Hussain Sajwani, DAMAC owner to attaining the position he has in the business world, he went through the same path of education and hard work. Moreover, he has ensured that his children go through the same to be successful in the future. He came up with this foundation to help others to go through the same path to ensure that the future of Dubai is bright. The initiative aims at coming up with sustainable ways so that the future generations will enjoy their lives.
In 2002, Hussain Sajwani came up with DAMAC Properties. He is the chairman of the company and owns the majority of its stakes. The company was founded as a developer of luxury real estate providing unique living experiences in Dubai. The organization has developed to be the leading luxury developers having projects in the GCC, the broader Middle East as well as the United Kingdom. The organization has an undying desire for quality and design which has brought the company a remarkable reputation for building some of the most beautiful and desirable properties within the zone. Hussain Sajwani has some other investments like the DICO Investment, which is Hussain’s flagship investment founded in 1992. DICO Investments has AED 3 billion worth of assets under management within the region.
Additional source: https://www.albayan.ae/