DAMAC Owner Hussain Sajwani’s Relationship with Trump

Hussain Sajwani is the founder and Chairman of Damac properties that he founded in 1976. Damac is a real estate developer based in Dubai. The company engages in the development of leisure, residential, and commercial properties in the Middle East and Dubai. Hussain started in construction giant Bechtel, catering for the US military and the food service industry. When Dubai allowed foreigners to own property in 2001, he started real estate. In less than six months he sold all the units for a residential building. He is known for his extravagant marketing such as offering Lamborghinis for free to his apartment buyers.

Hussain, the DAMAC Owner, is hoping to increase his business relationship by partnering with the Trump organization. The two billionaires have already partnered in the development of the Trump International Golf Club. The luxury venture has generated up to $2 billion from sales. Trump has however promised to make no more business deals while still in office. Sajwani has said that his business relationship with Trump extends to his Sons Donald Jr and Eric and daughter Ivanka. Donald Jr, Eric, and Ivanka have represented the business brand to many wealthy foreigners, who have links to influential politicians from Central Asia, South America, Turkey, and Canada.

Sajwani met Trump before the election during the opening of the Washington hotel. Over the dinner, Trump made it clear that if he wins, he will hand over his business to his younger family members. After the elections, Sajwani was back in the US for a meeting with Ivanka. He has maintained that he is not involved in any political position or issues. What he perceives is his desire to boost his business irrespective of the prevailing political environment. He told NBC that he is very open to deepening the relationship with the Trump brand.

According to ebizine.com, Sajwani’s close relationship with Donald Trump and the Emir of Dubai has worried government oversight watchdogs. The Trump team has, however, embarked on working to eliminate any appearances of conflicts of interest abroad and at home. Trump has revealed his plans to shut down his charity organization. In addition to his relationship with the Trump family, he also has co-branding deals with Bugatti and Versace. Watch this video.

From this source: https://analystoffinance.com/2018/05/damac-owner-hussain-sajwani-re-built-dubais-real-estate-market/

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