Hussain Sajwani Still Loves His Catering Business 20 Years Later

One thing DAMAC owner Hussain Sajwani knows is that his 5-star resorts and luxury housing would not be right without great quality foods served at them. Before he was planning the next big 5-star resort, he was planning his next big menu item with licensed chefs and food specialists while he ran his catering company. Sajwani still values the work of catering even today because he wants guests at his hotels to be treated to the best meals in Dubai. As a symbol of the importance of good food, he still keeps a plaque in the DAMAC Properties offices that the US military once gave him for delivering quality foods to troops stationed in Kuwait.

 

Hussain Sajwani, chairman of DAMAC group, was born in the UAE but did live in the US for a short period to study at the University of Washington. He was a contracts manager at the GASCO subsidiary of an Abu Dhabi oil enterprise before he went into the catering niche. He ran the catering company on its own for about 20 years before merging it with DAMAC Properties which was founded in 2002. Sajwani had already been buying a few hotel buildings here and there, but he was ready to take it to a whole new level when he established DAMAC. DAMAC Properties got a capital infusion from other companies and stocks Sajwani owned like Al Anwar Ceramic Tiles and equities trading through DICO Investments.

 

Hussain Sajwani began his first five-star property project at Marina Terrace and shortly after was making returns on the selling out of Park Towers and a neighboring property to Marina Terrace. He started hiring famous lifestyle brand companies to model the interior and even some features on the exteriors of his buildings. Those designs included Versace who did DAMAC Tower, Bugatti and Just Cavalli from the Roberto Cavalli Group at his AKOYA Oxygen properties.

 

Hussain Sajwani is also famous for being a top business partner with the Trump Organization and even a close friend of the current US president. While the world may know all about the golf courses and clubs the two moguls have built, they may know less about their personal friendship. As Sajwani mentions, usually when their families are together they rarely talk about politics and instead prefer leisurely subjects.

The Incredible Hussain Sajwani

Born to humble beginnings, Hussain Sajwani has made quite a name for himself during his career. Considered a real estate expert, Sajwani is a billionaire entrepreneur, who has built one of the most successful companies in the world, DAMAC Properties. DAMAC Properties was ranked number one on the Forbes 2017 Global 2000 list. Sajwani has built relationships with top notch businessmen and well respected brands across the globe.

DAMAC Owner Hussain Sajwani learned a lot watching his father as a child. His father was an entrepreneur who owned is owned shop. Watching his father led him to work hard himself. He earned a scholarship to college where he earned a bachelor’s degree in Industrial Engineering and Economics from the University of Washington. Sajwani began a career in business in the early 1980’s working for in the finance department in Abu Dhabi Gas Industries. After years of work he established his own company DAMAC Properties in 2002. Today DAMAC is one of the most successful companies in the world. They are responsible for some major projects including golf courses for Tiger Woods. Furthermore they have collaborated with well known brands like Versace, Fendi, and Bugatti.

Sajwani has developed a relationship with current US President Donald Trump. The two have known each other for a while and recently celebrated New Years Eve together. One of the major projects they have worked on together on the Trump International Golf Club. At this location there are luxury villas that have collected more than $2 billion in sales. Donald Trump is not conducting business while President but Sajwani is hoping for future collaboration. He is currently working closely with Trump’s three children daughter Ivanka and sons Eric and Donald Jr.

Sajwani has been recognized for his work several times. In 2017 he was recognized as Property CEO of the Year at the CEO Middle East Awards 2017. He also earned The Real Estate Legend Award at the Arabian Business Real Estate Awards. He is also very well known for his philanthropic efforts. In 2013 he gave more than two million dollars to a campaign dedicated to provide clothes for children in need.

The Illustrious Career of Wes Edens.

Fortress Investments Group manages assets that are valued to be worth about $43 billion. In the beginning, Fortress was just a small buyout firm, but with time, it grew to become a renowned manager of financial assets that include bonds, private equity, liquid equity, and hedge funds.Wes Edens is a founding member of the corporation and today he serves as the co-chair of the board of directors as well as the co-chief executive officer. Since the beginning of operations in 1998, Fortress Investment has made significant strides in the financial sector and has been involved in several capital projects in different parts of the world. Just recently, the company announced its entry into the Jamaican Liquefied Natural Gas where Wes Edens is to head several investments.Wes Edens is an alumnus of Oregon State University from where he obtained his degree in Finance.

After graduation, Wes wasted no time in starting his career in the financial sector. His first stints at employment began at Merrill Lynch, California savings and Loans, and Smith Barney.With an urge to learn and sharpen his expertise, Wes joined Lehman Brothers in 1987. He worked in the mortgage trading division and over the years rose through the ranks to finally leave the firm as a director and a partner. After Lehman, Wes joined BlackRock where he held various leadership positions. He was a partner and director of its subsidiary, BlackRock Financial Management. It’s while here that he was involved in forming BlackRock Assets Investors, his first private equity fund.Fortress Investment Group Started trading its shares on the New York Stock Exchange in 2006, and Wes Edens appeared on the Forbes Magazine’s list of billionaires in 2017. He sits on position number 962 on the list with a net worth of approximately $1.6 billion.

While some other renowned billionaires have gained their fortunes from inheriting family businesses, Wes is the correct definition of a self-made billionaire. Together with his other partners including Randal Nardone and Peter Briger, they have made significant profits in the alternative investment markets. Apart from Fortress Investment, Wes is the owner of FlyQuest, an e-sport team, and co-owner of the Milwaukee Bucks.Wes Edens is a busy private equity investor who spends most of his time planning financial strategies. He has been able to accumulate his wealth from compensations and salaries. He earns around $54.4 million annually with $41 million coming from his stocks dividends while $13.4 comes from direct compensation.

Randal Nardone: A Core Principal at Fortress Investment Group

Randal Nardone is a co-founder of Fortress Investment. The company was founded in 1998. Since 2013, Randal has been the chief executive officer while since 1998 he has been the principal of this wonderful company. Randal Nardone is the principal of the Fortress Credit Corporation. Randal is the chairman and president of Springleaf Financial Holdings, LLC. His service is extended to Newcastle Investment Holdings, LLC serving as the vice president and secretary. Randal Nardone is among the titans at Fortress Investment that play a great significance in the firm. He is affiliated to many other organizations in different capacities. Recent news disclosed the acquisition of the company by SoftBank Group Corporation.

The acquisition cost $3.3 billion, which was paid in cash. As a result of the acquisition, SoftBank Group and its subsidiaries that are wholly owned are expected to own all the shares for Fortress that are outstanding. The completion would fulfill all the conditions that were laid down for the transaction. These include the approvals by the shareholders of Fortress. It also entails the reception of the proper regulatory approvals. The acquisition meant that any outstanding class A Fortress shares were to be converted so that the beneficiaries would get $8.08 on every share in the form of cash. It also made it clear that this would proceed with merger distribution about the payment procedures that are highlighted in Definitive Proxy in Fortress that was dated June 2017 as well as incorporated Merger Agreement. The common stock for Fortress has stopped trading, and that follows delisting from the Stock Exchange Market in New York.

All the financial results at Fortress will be combined and reflected in the consolidated financial statements of SoftBank Group. This follows the acquisitions agreement that closed in December 2017. The effect of such consolidation is yet to be disclosed by SoftBank Group.Irrespective of the acquisition, it is clear that Fortress will be operating under SoftBank though as an independent firm with its headquarters in New York. The principals at Fortress are expected to continue functioning in the same capacities as they were. SoftBank is dedicated to maintaining the business model, leadership, personnel, brand, culture, and procedures of Fortress towards more success just like before. Fortress Company continues to manage assets for more than 1,750 customers. Their services range from real estate, private equity, permanent capital strategies, and credit among others. They serve clients from all over the countries ranging from institutions to individuals. Randal Nardone continues to serve here surrendering his expertise for greater excellence.

A Review on AvaTrade’s Trading Strategy

Having a Forex broker is a decision that you can never escape making. Sometimes you want to find one that you would enjoy working with and never go amiss. Reading this AvaTrade Review will inspire you much. Once can be tempted to make a shift but here is what you should never compromise. The review is generated from experienced Forex experts who are conversant with available trading avenues and those that are beneficial to you. Some of the basic facts about AvaTrade broker are discussed in the article. They have reached a trading turnover of around 60 million USD in the past month. AvaTrade is headquartered at Dublin. The company is Irish. Some other representative offices are situated at Milan, Sydney, Tokyo, and Paris. They are supported by Irish Central Bank, which regulates all local financial brokers and institutions. AvaTrade has been operating online since 2006. They received the regulation support from most of the great regions like in Japan.

 

The best thing about the brokers that they consider perfect services. They are trustworthy to customers and honest in their services. AvaTrade provides professional customer support services. Their customer services are available every 24 hours every day with masterly of multiple languages. These include French, Dutch, Japanese, Russian, Portuguese, Italian, German, Spanish, Arabic, and English. A customer can call, live chat, or write an email for any query and one will receive the answer. The customer services are free of charge. They also have a variety of trading software that the trader has an opportunity to use. Another excellent service following the AvaTrade Review is the account selection option. When creating the account, one needs to provide some essential data. As you create the account, ensure you check the currency type in managing the account. Choosing between the available currencies is possible without any issues. Choose one that is suitable for you regarding the deposit of money and other payment transactions like the withdrawals. Customers can make free trades without losing anything in the practices. Moreover, there are numerous trading facilities available on AvaTrade. Bonuses are another important thing that is offered by this excellent broker.

Hotelier and Entrepreneur-Christopher Burch

Chris Burch is a billionaire who has invested in the hotel and hospitality industry (prnewswire.com). The said billionaire bought a deserted island resort in 2012 and used about $30 million for the renovation of the building which is said to have been constructed in 1988. Being so familiar with the sector, Mr. Chris gave the resort in Sumba, located in Indonesian Island a new face. The Travel+ Leisure named the resort as one of the best hotels in the world. After the renovation, Chris named the resort Nihi Sumba Resort.

Nihi Resort Island is developed on white sand, a captivating environment, with an exhilarating premise. Every visitor who visits the resort gets a private space which has taken the advantage of the natural resources of the area. Those who know the Nihi Resort Island describes it has “on the Edge of Wilderness”, and everyone visiting their site online for booking or sees what the hotel refers to itself “ A visit with a Purpose”. The people living around the beach resort believe that after the building was abandoned it was protected by the marapu spirits. The couple who owned the building was looking for a helping hand for the expansion of the food place and hostel when Chris offered to expand and renovate the resort. The hotel has 27 private villas and each of the villas has a swimming pool. The resort was reconstructed for three years and opened in 2015 becoming one of the largest resort to offer employment in the Island.

Christopher Burch is the founder and the Chief Executive Officer of Chris Burch Creative Capital. Mr. Burch can be described as a prominent investor who has been in the industry for over 40 years. His success in the investment world is experienced in his efforts to manage more than 50 successful businesses. Chris Burch has also ventured into other ventures in different sectors including the fashion industry, technology, real estate, as well as the technology industry. In the hotel and hospitality industry, Burch has made a name for himself and he has several brands including Faena Hotel and Universe, Tory Burch, as well as Voss Water. IN his Chris Burch Creative Capital, they have a primary responsibility to create riotous ideas which have positive, direct as well as ideas which have lasting results in people’s life. Chris Burch was born and raised in Wayne Pennsylvania. He is a founder of a lifestyle brand ED by Ellen Degeneres.

Keep up with Burch, visit Instagram

Randal Nardone: Standing As The Prominent Leader To Fortress Investment Group

Fortress Investment Group has repeatedly stood out as a company that offers top-tier services to clients who come to them, and a lot of that development has been because of the efforts of its founders and current leaders of the company. One of the main people working towards the development of the company is Randal Nardone, who currently stands as the CEO of Fortress Investment Group. Nardone has been instrumental in the numerous events that the company has been seeing over the past few years. After spending multiple years working in the field of investments, Randal Nardone knew that he wanted to start a company that would stand out from the work that they do. He tried to start a company that would set the industry standards rather than follows them, which is why he decided to team up with a few other financialists to start Fortress Investment Group.

After spending a few years setting up the basis of the company, Fortress Investment Group was ready for business. The company began to gain an impressive reputation during the early days because of the work that they were doing and soon rose up to be one of the more prominent names in the industry. Randal Nardone was actively improving the work that the company did during this time, which is something that significantly contributed to the overall growth that the company experienced. Almost ten years after Fortress Investment Group was started, Nardone wanted to be able to take the company to the next level, which is why he decided to implement a plan that would aid the overall growth of Fortress Investment Group. One of these plans included making the company to the public on the NYSE, which was something that no investment company had done until that point.

Randal Nardone was confident that this would be a beneficial move for the company and was a path which would benefit the overall workings of Fortress Investment Group. Once Fortress Investment Group went public, Nardone and the other co-founders of the company soon got a reputation for setting the trends in the industry and being people who are behind the development of a reliable company.The reason why Nardone has emerged to be such a confident leader to the company is that of the past career experience that he has had. He has worked in a number of notable positions at several financial and investment companies which helped him as he led his investment firm.

Whitney Wolfe and Bumble Refuse to be Bought by Match Group

Match Group, the parent company of Tinder, has officially lost all hope of purchasing its competitor Bumble. Bumble is a dating app that enables women to make the first move. Match Group has recently filed a lawsuit against Bumble for patent infringement and trade secret theft. After Match Group’s unsuccessful attempts to purchase Bumble from Whitney Wolfe-Herd, they have decided to file a lawsuit in a frivolous attempt to put Bumble out of business.

Bumble has finally responded to Match Group’s lawsuit in the form of a public letter. “We swipe left on you,” the letter says. “We swipe left on your multiple attempts to buy us, copy us, and, now, to intimidate us.”

The letter declares, authoritatively that Bumble will never be a part of Match Group.

Whitney Wolfe Herd was actually a co-founder of Tinder. She left the company after filing a sexual harassment lawsuit against Tinder and their parent company Match.

That’s when Whitney Wolfe Herd started her own dating app: one focused on women first. Bumble takes the power of the first move and gives it solely to the women. Unlike Tinder, Bumble is created in a way that makes it possible for only women to message the men first. Once a match is made, when both people swipe right, only the women have the resources necessary to make first contact.

The lawsuit claims that Bumble stole the swiping feature that Tinder made famous, although swiping is certainly not a creation of Tinder. Swiping to move through a menu is something that was created at the dawn of touch screens.

Despite Herd’s mindset of refusing to sell to Tinder, she is considering merging with other companies. “We’re exploring several different opportunities,” she said.

 

About Whitney Wolfe Herd

Whitney Wolfe Herd, as well as being the founder, is the CEO of Bumble. She resides in Austin, Texas but was born in Salt Lake City, Utah. She is married to Michael Herd and attended South Methodist University. At the young age of 22, she joined Hatch Lab and worked with a startup called Cardify. This venture failed, but it gave her the experience to successfully create Tinder.

After the sexual harassment lawsuit was filed Herd was contact by Andrey Andreev, the creator of Badoo. The two of them partnered up to create a new dating platform: Bumble.

 

Talos Energy: Merger with the Stone Energy Corporation

After tapping the jackpot deep within the Gulf of Mexico, Talos Energy has become much better than before. The company announced that it would be undergoing a future merger with the Stone Energy Corporation. The decision came in after the board of directors of the company voted in favor of acquiring the Stone Energy Corporation. The company will then be renamed and rebranded as the Talos Energy Inc. Talos Energy is one of the largest oil and petroleum exploration firms in the country. Currently, they are stationed in the Gulf of Mexico, and they are continuing their operations gathering resources deep within the sea. The directors of both companies stated that the merging would be good for the growth of the Stone Energy Corporation and Talos Energy.

While the merging will take place in the months to come, the newly established organizational officials are now working to put the company at the New York Stock Exchange. Currently, Talos Energy has been given the ticker symbol named “TALO.” People who are behind this decision are backing it up, saying that trading the company open to the public would dramatically increase its value. According to reports, the total cost of the merger will be around $1.9 billion, and this is considered as one of the largest transactions in the history of the company.

The chief executive officer of Talos Energy, Timothy S. Duncan, stated that he is positive about the merger between the two companies. He is expecting more growth as the two companies merge, and he stated that their stock market value has the potential to skyrocket because of the merger. Another point raised by Timothy S. Duncan is the division of ownership that would take place after the merger – 63% of the new company would be under the control of the stakeholders from Talos Energy, while 37% of the remaining company would be under the control of the stakeholders from Stone Energy Corporation.

Talos Energy can extract 47,000 barrels of oil in the Gulf of Mexico each day. The company is dedicated to bringing only the best oil and petroleum products to their customers, and according to Timothy S. Duncan, they are still on the process of exploring the vast Gulf of Mexico in search for more oil and petroleum hotspots. He wanted to make the company the best when it comes to exploration and extracting the resources deep beneath the waters of the gulf.

Eric Lefkofskyand Tempus Create Groundbreaking Gene Therapy

Release Fact’s Brian Harris recently wrote an article titled, “Eric Lefkofsky’s Tempus Labs Uses Big Data Analytics to Revolutionize Cancer Medicine”. The article discusses Chicago’s influential entrepreneur, Eric Lefkofsky, and his new enterprise Tempus Labs. The company has already claimed a spot as one of the top health tech start-ups.

Tempus collaborated with the National Cancer Institute to create one of the most comprehensive libraries of cancer testing. Not only do the sequence DNA and RNA to understand the patient’s tumors, but they also use machine learning to create an electronic medical record with information on the immune system and which treatments have worked with patients of similar backgrounds for a more personalized treatment plans.

Tempus is considered to be groundbreaking because it implements gene therapy and gene editing. These biotechnologies have an impact on diseases that were deemed untreatable before.

The machine learning provided by tempus has also been designed with an algorithm to help identify skin cancer. The program is so advanced that it is equal to a physician’s ability to identify skin cancer correctly, both benign and malignant lesions.

To help those with insulin issues, the company seeks to release an FDA approved glucose sensor that may apply the dose of insulin directly. These monitors will monitor the glucose of a patient and send the information to smart technology like their watch or iPhone.

Tempus was established in 2015 and quickly brought in $130 million in funding. Its specialty is machine learning that creates an interactive and analytical platform for physicians to create personalized treatment plans for cancer patients. The genome sequencing provided by the company allows doctors to create data-driven solutions, using information from other patients who have similar backgrounds and diagnoses. Tempus is also involved with several research universities and cancer centers.

Eric Lefkofsky is the co-founder of Tempus Labs, which he created to improve the treatment process of cancer after having personal experience with the issues after the diagnoses of a close acquaintance. He is also the co-founder of a variety of companies like Echo Global Logistics, InnerWorkings, and Groupon, causing him to become one of Chicago’s leading entrepreneurs.

About Eric Lefkofsky: www.lightbank.com/team/eric-lefkofsky

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