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How Hussain Sajwani Turned DAMAC Properties In a Global Powerhouse

There are a number of high powered real estate agents who build multi-million dollar projects around the world. However, there are only a few who can create billion dollar projects in the most desirable areas. One of those top developers is currently building some of the most ambitious projects in the real estate world. That developer, Hussain Sajwani, is turning his company, DAMAC Properties, into one of the most powerful businesses in the real estate sector.

DAMAC Properties was founded in 2002. In less than two decades, this company has created some of the most ambitious projects in all corners of the world. Currently, these projects can be found in Dubai, the greater part of the Middle East and the United Kingdom. Many cities, around the world, have a DAMAC Property among their skyline.

DAMAC Properties operates a number of smaller ventures focused on specific properties and projects. One of those ventures is Nine Elms Property Limited which is a joint venture between DAMAC Properties Dubai Co PJSC and DAMAC International Company Limited. According to Arab News, this joint venture is currently developing AYKON London One, a mixed-used building that will become one of the largest properties in the London area.

Another joint venture project under the DAMAC Properties umbrella is Mina Al Sultan Qaboos. Hussain Sajwani and Omran, the Oman Government’s tourism promotion group have joined forces to create a billion dollar tourist port and 5-star destination. Mina Al Sultan Qaboos will features residences, hotel, dining and retail properties.

AYKON Maldives Resort is project wholly owned by CEO Hussain Sajwani through his DAMAC International Company Limited. This development is being built on a reclaimed island in the Maldives archipelago. The island will features a 5-star hotel with 100 luxury suites, water villas and bungalows.

Hussain Sajwani (@HussainSajwaniOfficial) began his career at Abu Dhabi Gas Industries in the finance department in 1981. Two years later, Mr. Sajwani started his own catering venture which still operates today under the name Global Logistics Services. Since 2002, Mr. Sajwani has served as the Chairman of DAMAC Properties.

Read this: http://www.arabianbusiness.com/property/393676-did-i-foresee-what-would-happen-no-but-i-saw-an-opportunity

Hussain Sajwani is a Revered Entrepreneur

As a businessperson, it is always important to always have a positive attitude. Since there are always ups and downs when running a business, it is good to always stay positive instead of giving up at a given point. With that said, entrepreneurs like Hussain Sajwani have achieved a load of success throughout their life since they were able to approach life in a positive perspective. For those who are wondering who Hussain Sajwani is, he is an entrepreneur based in Dubai, and many people know him as the DAMAC Owner. The title DAMAC Owner came about since he is the person behind the establishment of the real estate organization that is widely recognized as DAMAC Properties.

Background Information

According to albayan.ae, the company was established in 2002, and it has been in the safe hands of Hussain Sajwani who has been working in the organization as the chairman. By working as the chairman of DAMAC Properties, the DAMAC Owner can oversee the company’s operations in an up-close and personal manner. Additionally, as the principal shareholder within his company, Sajwani has a significant say on how the company will operate. For instance, under the reign of Sajwani, the company has been producing quality designs as well as well-designed apartments. Furthermore, the company has also gone far and wide in making sure that their services are procured in countries such as the United Kingdom. With that said, the reputation of DAMAC Properties has progressively grown over the years. It is also important to factor in that Hussain Sajwani’s portfolio as a businessperson is quite expansive.

Hussain Sajwani’s business portfolio:

Mina Al Sultan Qaboos

Since Sajwani is an individual who always pounces on any lucrative business opportunity that attracts his attention, he was able to partner with the Oman Government on a particular project. The partnership resulted in the formation of the Mina Al Sultan Qaboos. In this partnership, Hussain Sajwani owns most of the shares. With that said, it is always good to renovate property from time to time, which is why the Mina Al Sultan Qaboos is set to be renovated, and it is set to serve as a tourist destination and also a tourist port that will have amenities such as retail shops and hotels.

Philanthropy

As a successful investor, Hussain Sajwani (@hussainsajwani) can acknowledge that education is of great importance. With that said, Hussain Sajwani is involved in an initiative that is supposed to help ‘one million Arab coders’ to gain the necessary skills that will come in handy when trying to secure a job in the industry.

Check out his business profile: https://hussainsajwani.com/ar/profile/

DJ’s For A New Generation: The Chainsmokers

The Chainsmokers, consisting of members Alex Pall and Andrew Taggart are an Electronic Dance Music (EDM), Pop, Electropop, combo who hit the music scene in 2012 (https://en.wikipedia.org/wiki/The_Chainsmokers). Pall and Taggart hailing from New York, The Chainsmokers are a DJ Duo that have hit the music scene with a vengeance and their first release “#Selfie” climbed into the top 20 charts in multiple countries.

. This duo is happy to break music stereotypes and Taggart has been quoted as saying their music is “blurring the lines between indie, pop music, dance music, and hip-hop.

With their breakthrough music Pall and Taggart have been extremely successful and were on Forbes 2017 list of the world’s highest paid DJ’s with record-breaking earnings of $38 million

(https://en.wikipedia.org/wiki/The_Chainsmokers).

In a recent article in Forbes, The Chainsmokers discussed their new single “Sick Boy” with Hugh McIntyre. Drew Taggart relayed that “Sick Boy” is the first single they have released in nine months and represents the growth the two have achieved in the past four years both artistically and personally

(https://www.forbes.com/sites/hughmcintyre/2018/02/07/the-chainsmokers-discuss-new-single-sick-boy-and-how-their-new-music-is-darker-than-ever-before/#3a72b0b21b4f).

The goal of The Chainsmokers music is to be a reflection of their generation and how they interpret the world around them and how events and circumstances affect them personally. According to Taggart their new single and current music has taken a darker tone as they have become a bit frustrated that they are judged by things that are said about them instead of who they actually are and what they actually stand for.

Social media is a great venue to get their music and name out to the public, but can also project artists and people in general in a way that is open to interpretation and can be filled with stories that are not true so instead of getting angry they decided to relay their frustration in a positive way through their music.

Pall noted that although the two have always held themselves to a high standard, their success has at times been a bit overwhelming and surreal as their music seems to reach a new chart stats with recurring frequency

(https://www.forbes.com/sites/hughmcintyre/2018/02/07/the-chainsmokers-discuss-new-single-sick-boy-and-how-their-new-music-is-darker-than-ever-before/2/#1f451d851f49).

Even though The Chainsmokers have been extremely successful they are still excited to produce music that not only makes their fans happy, but also is fun to create

(https://www.forbes.com/sites/hughmcintyre/2018/02/07/the-chainsmokers-discuss-new-single-sick-boy-and-how-their-new-music-is-darker-than-ever-before/2/#1f451d851f49).

https://www.thechainsmokers.com/shows

QNET Investing in Local Charity

There are a lot of companies that say they are interested in giving back to the community around them. However, there are few people who actually follow through on this promise. Over the long term, QNET is a great success story that has helped many people get into a better financial position. There are a lot of people who owe their current financial standing to the people at QNET. Over a long period of time, providing a platform for people to buy and sell goods has allowed QNET to develop into one of the largest online companies in the world today. It was recently announced that QNET would partner with Lion’s Club in order to advance several humanitarian causes that they care about. This is really important because there is a lot of potential good for people to accomplish in the area of life and business.

Success of QNET

The success of QNET is an inspirational story that many people can relate to. The founder of the company simply wanted to start up a company that would allow people in developing nations an easy way to start up a company. There are a lot of people who have been able to start up an online business and provide for their family. In places like Asia and South America, this is one of the best options available for starting up a company. Over the long term, this is a great opportunity for people living in those areas. There are a lot of people who have been able to get out of hard manual work to start up their online companies. Anyone who is wanting to take the next step in their business needs to make sure they have all of the information they need.

Humanitarian Causes

There are a lot of humanitarian causes that people believe in around the world. QNET wants to help people who are from a wide variety of backgrounds. There are a lot of customers who are living in countries with little or no access to basic human needs such as running water or sewage. There are a lot of ways that people can invest their money to help others, and QNET is on the leading edge of doing so. This is just the latest example that QNET cares about the people that they serve over the long term. Anyone wanting to start up a business should check out their site.

Dick DeVos the Social Entrepreneur

There’s a great deal of satisfaction and fulfillment in philanthropy. Dick DeVos and his wife Elizabeth best compound this argument. They have worked tirelessly for over thirty years to build the capacity of their local communities.

 

They have dedicated their entire careers to the empowerment of underprivileged families in Michigan and beyond. A huge proportion of their efforts is directed at the education sector which badly needed reforms to address inequalities. The couple has become an authority in matters of philanthropy in the public policy making process.

 

Elizabeth DeVos reckons that lobbying support in such a sector requires lots of motivation and perseverance. One cannot give up or be intimidated by the politics of the day. In fact, Dick DeVos had to venture into politics to be in a better position to lobby support from stakeholders in the education sector. He served on the Education Board in Michigan and later vied for the state gubernatorial seat.

 

The couple has a massive following and public approval. It has taken many years to make progress in education reforms in the US. Today, Elizabeth chairs the American Federation for Children, a platform that promotes the reform agenda. They have been able to address inequalities in school-choice programs, school charters, and vouchers as well as tax credits to enable children to access private school facilities. They have made massive inroads over the past decade to the delight of the power couple. Read more at http://www.philanthropyroundtable.org/topic/k_12_education/fighting_for_school_reform.

 

The family’s philanthropic nature is institutionalized in the Dick and Betsy DeVos family foundation. This organization relies heavily on the financial fortunes the family has acquired over the past decades. Dick and is wife acknowledge their responsibility to act as stewards of their family values and serve local communities. The organization works hand in hand with other community groups for development.

 

The DeVos family owns a network marketing company, Amway corporation that started under his father Richard Sr. Dick DeVos worked under his father for over a decade and became a principal authority in the enterprise. He also ushered the corporation into a new era of prosperity in international markets. The family also owns the Orlando Magic NBA team where Dick once spent a spell as President and CEO.

 

The couple has an impressive academic record and were active leaders in their college days. Together, they have earned honorary degree awards from various institutions for their commendable work and dedication.

 

The Multi-Talented Brian Mulligan Mesmerizes Audiences around the World

Talented artists abound in many different musical genres. One of the most competitive entertainment fields for entertainers is opera. To captivate an audience opera singers must be capable of delivering powerfully precise vocal performances upon demand. Male baritone singers frequently deliver superb performances yet remain in the background as relatively unknown personalities. It takes true “star power” as well as innate talent to create a recognizable name in the world of classical music.

Opera stars must set themselves apart from the competition in order to stand out from the crowd. One of the brightest operatic stars to garner attention in recent years is Brian Mulligan. This New York born baritone hails from the city of Endicott and he has been creating some serious buzz among fans and critics alike.

Mulligan is a trained vocalist who began to hone his skills at the Juilliard School in Manhattan, New York. Upon graduation this talented baritone attended Yale University. He currently studies under the guidance of vocal instructor W. Stephen Smith. This individual also began instructing Mulligan during his college years.

Although he was still enrolled as a Juilliard student Brian made his official stage debut when he appeared in a Metropolitan Opera show. This would be his first public debut as an operatic performer but it would not be his last. Audiences were astounded to hear the power and crystal-clear notes that this young baritone offered. Mulligan also had an effortless grace and a commanding presence on stage that readily belied his young age.

Brian Mulligan has been featured at many different opera houses. His performances include roles in shows at Chicago’s Lyric Opera; the San Francisco Opera; Houston’s Grand Opera, the NY City Opera and even the Oper Frankfurt.

His voice has been described as richly melodic, powerful and smooth. Mulligan also possesses an incredible presence that resonates with his audiences. These are the talents that have helped Brian Mulligan achieve wide-spread fame and recognition early in his career. Although he has already been paired with many of the world’s best known opera stars Brian Mulligan can easily hold his own with any of these stars. It is fair to say that he has “stolen the show” on more than one occasion.

Among his many roles have been performances as “Sweeney Todd”, “Jack Torrance”, “Enrico” and Count Anckarström. The characters that Mulligan brings to life are both varied and complex. From ultra-classical operas to show-stopping modern theater it is quite obvious that Brian Mulligan has the “chops’ to make each role his own.

The CLO: Diversity Within One Instrument

A lot has been written about different mechanisms that are coming out on the revitalized financials market, like the ILO, or Initial License Offering. Yet the return of the CLO or the collaterialized loan offering as a popular investment type trumps most of the other news due to its ability to attract and pull happier investors into financing mainstream companies.

A long history of satisfied customers:

When James Dondero and David Okada started making tweaks to loan offerings a couple of decades ago, clients were intrigued because they were soon able to look at strengthening their position as lenders while the company that they were investing received the benefit of more financial groups interested in getting involved in their work. The team moved out to their own firm, Highland Capital Management, and built more and more sophisticated models, eventually allowing clients to pull from a wide range of investor types in one offering.

Today, James Dondero is recognized as one of the best people in the world to structure a CLO for clients in different financial situations. His ability to understand what the investor wants to see prior to creating the different layers of the CLO allows him to tailor larger investments for his clients across a wide variety of industries. This allows Highland to specialize in oil and gas and several other industries like retail, without too much overhead. The net result over the past 15 years has been portfolio growth that is now around 20 billion dollars.

A CLO that is written by Mr. Dondero or Highland Capital Management is likely to be one that offers a variety of incentives for investors. Not only do they have the option of looking for either a high or low rate of interest within the same vehicle, they also are able to look for repayment terms that are either more lenient, or more stringent. Typically speaking, in a CLO, the investor that gets the best position in terms of repayment, also increases their risk with regard to the overall investment in case the company that is invested in has trouble paying the loan back.

In theory, the CLO, with its long history should be a pretty stable instrument for people to get involved with. There is only one time in its history over the past 15 years that it did experience problems in the market. That was when the recession occurred and caused a lot of pain overall on Wall St. Investors punished some of the financial tools like the CLO, even though there was not really a correlation between performance and the recession. As a result, the Highland Capital Management portfolio, which shrank like other funds during the recession, is back to its pre-recession value and more. Which is another way of saying that those that waited through the recession were sometimes rewarded when a fund recovered.

Since the CLO has been global again for the past few years, James Dondero and company are ready to write more and seem to be well-positioned to take their fund forward for another couple of decades.

After Several Quarters Of Growth Dow Chemical Stock Dropping

After several quarters on the rise, Dow Chemicals stock is taking a small hit. The second quarter report was not as promising as the company had hoped. On Thursday afternoon, Dow’s stock dropped 3.84%. The goal of 83 cents per share fell short just a hair. In a statement released by Dow CEO Andrew Liveris, the company will continue to perform despite the setback. The StreetRatings team continues to rate Dow as an A-.

James Dondero has over thirty years experience in the stock market. The man behind Financial Capital Management is considered an icon who wants to teach others how to be successful. Dondero could lend his vast knowledge to potential investors and teach them how to navigate the investment mine field. Dondero knows how to pick stocks, and he also knows how taking risks can help potential investors quickly turn a nice profit.

Dow’s drop is not expected to last long due to its multiple strengths and solid financial position. Shareholders should take solace in the fact that Dow has a reasonable cash level and the potential for even more growth in the coming quarters. The company’s overall strengths by far outweigh the company’s latest disappointing equity returns.

FreedomPop Rejects M&A, Boosts Investor Count

FreedomPop took a big step toward independence when they rejected selling their company outright, as reported by the team at TechCrunch. For the past month or so FreedomPop has been rumored to be a hot commodity on the market. According to reports there were six large bids that carried multi hundred million dollar offers. Even with these tempting offers in place CEO Stephen Stokols was steadfast in his decision not to sell the company. When probed, Stokols told reporters that talks of selling the company were “premature at this point”.

Shrugging off the talk of a possible sale has pushed FreedomPop forward to consider how they are going to grow in the next year or two. At the time of this writing the plan for FreedomPop is to put into action an 18 month gameplan that would have FreedomPop trending toward a valuation of near $1 billion dollars. Right now Stokols is aiming to earn another $50 to $100 million by the time the year ends.

The latest Series B round was headlined by Partech Ventures in cooperation with DCM Capital and Mangrove Capital. According to reports these venture capitalists managed to put together a $30 million investment to put toward FreedomPop. This number is large but pales in comparison with the reported quarter billion dollar that was rumored to have been on the table for outright ownership of the company.

Stephen Stokols knows that the company will need help in the future and they’ve already added a strategic investor to their payroll to help navigate them in the future. Stokols hopes to get FreedomPop in Big Box Retail stores by the end of the year with that being the catapult to launch the company into the next stratosphere. There is still a ton of work to do, however, and no time to slack off.

Magic Mike Loves Junk Food

Well, maybe not Magic Mike, but the star who brings him to life, Channing Tatum, certainly does. The man who worked out up to five times a day to get ready for the second installment in the series, “Magic Mike XXL” is taking a much-deserved break from the gym. His other guilty pleasure is indulging cravings for junk food stated Zeca Oliviera.

The star enjoys the sweet and salty snacks of his childhood in rural Alabama, which includes Cheetos and Ho-Hos. His tastes are in stark contrast to his wife, Jenna Dewitt-Tatum, who enjoys healthier food choices.

Tatum, best known for roles that showcase his physique such as G.I. Joe and “Magic Mike”, is also a talented dancer. He once worked as a stripper in real life and appeared in Ricky Martin’s video “She Bangs” as a backup dancer.

Comedy and drama are not out of the actor’s reach, nonetheless. The actor enjoyed success in “21 Jump Street” and its sequel and starred opposite Amanda Seyfried in the screen adaptation of Nicholas Spark’s “Dear John.”

Fans should not fret about the self-proclaimed ‘couch potato’ however. Given Tatum’s well-rounded background in sports ranging from football to martial arts, it is highly doubtful his chiseled body will morph into a ‘dad-bod’ anytime soon.