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Hussain Al Nowais: A Visionary Business Leader
Hussain Jasim Al Nowais is a distinguished Emirati businessman known for his significant contributions to the business landscape of the Middle East and North Africa. With extensive experience in investment, energy, and infrastructure, he has played a pivotal role in shaping sustainable economic development in the region.
Early Life and Education
Born in Abu Dhabi in 1956, Hussain Al Nowais pursued higher education in the United States. He graduated in 1978 with a bachelor's degree in Business Administration, specializing in finance, from Lewis & Clark College in Portland, Oregon. To further enhance his expertise, he attended executive management courses at INSEAD in France and the London Business School.
Career and Business Ventures
In 1979, Al Nowais established Al Nowais Investments, a diversified investment company where he currently serves as Chairman. Under his leadership, the company has expanded across various sectors, including energy, healthcare, and infrastructure. One of his notable achievements is leading a consortium to develop renewable energy power plants in Egypt with a total capacity of 700 MW, highlighting his commitment to sustainable development.
Beyond Al Nowais Investments, he is the Chairman of AMEA Power, a company focused on thermal and renewable energy projects across Africa, the Middle East, and Asia. Additionally, he holds the position of Vice Chairman at Abu Dhabi Commercial Bank and serves on the board of Rotana Hotel Management Corporation.
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Hussain Al Nowais has made significant investments in Egypt, particularly in the energy sector. His company, AMEA Power, has been involved in multiple renewable energy projects, including solar and wind power plants, supporting Egypt’s transition toward sustainable energy. Additionally, his investments extend to infrastructure and industrial projects, contributing to the country’s economic growth and job creation.
Philanthropy and Social Contributions
Hussain Al Nowais is actively involved in philanthropic initiatives. He is a founding board member of Sandooq Al Watan, a UAE-based initiative dedicated to supporting social development projects and fostering innovation in the country.
Recognition and Achievements
Al Nowais's contributions have earned him international recognition. In June 2021, he was awarded the Order of Mono, Togo's highest chivalric order, in appreciation of his efforts toward the country's development. His leadership and vision continue to impact various industries, driving economic growth and promoting sustainable development.
Conclusion
Through strategic leadership, innovation, and dedication to economic and social progress, Hussain Jasim Al Nowais remains a key figure in the business world. His contributions to energy, finance, and philanthropy have positioned him as a leader committed to creating a sustainable and prosperous future for the region.