During his New Year’s Eve speech, President Donald Trump acknowledged prominent people, including his business partners in Dubai and beyond. He heaped Hussain Sajwani family with praises saying that they were the most beautiful people. DAMAC Properties, a real estate developer in Dubai, partnered with Trump in the establishment of the Trump International Course Dubai. Long before winning elections, concerns had been raised about Trump’s possible conflict of interest. These concerns were intensified after the president won the elections and when the he applauded Hussain Sajwani, DAMAC owner, in his speech.
Ken Gross, a political law professional, said that Trump used his power as the president to strengthen his existing business relationships. Mr. Gross added that Trump’s move to praise his business partners contradicts his representations to separate his business and official issues. Defending the president, Trump’s transition team pointed out that POTUS and Hussain Sajwani did not discuss any business dealings during the trip to Florida. A top adviser to President Trump, Kellyanne Conway, said that Donald Trump is allowed to have social engagements with friends, business partners and acquaintances. Mr. Trump was expected to address his conflicts of interests sometime before the inauguration. However, his speech at Mar-A-Lago indicated that the issue was trivial.
Hussain Sajwani is a shrewd entrepreneur and chairperson of DAMAC Properties. DAMAC, which is one of the largest property development firms in the Middle East, is known for its luxurious projects. The company has set up unique buildings in major global cities like Dubai, Doha, Abu Dhabi, Beirut, Riyadh, Jeddah and London. DAMAC Properties has partnered with some of the leading brands like Versace, Bugatti, Fendi, Tiger Woods and Paramount Hotels & Resorts to bring exciting projects to the market. Hussain Sajwani was among the pioneers of Dubai property market expansion given that he started developing hotels to accommodate the increasing number of traders in Dubai in mid 1990s. Hussain Sajwani, who is listed among the top 100 most influential Arabs globally, founded a catering company when he first ventured into entrepreneurship. The affluent businessman focuses on global equity and capital markets by investing through his flagship investment company, DICO Investments Co LLC.
Visit http://hussainsajwani.com/ to learn more.