Hussain Al Nowais Explained

Hussain Al Nowais
Native Name:حسين جاسم النويس
Birth Date:1956
Nationality:Emirati
Alma Mater:Lewis & Clark College
Occupation:Chairman
Employer:Al Nowais Investments

Hussain Jasim Al Nowais (Arabic: حسين جاسم النويس) is an Emirati businessman who is chairman of Al Nowais Investments and AMEA Power; and vice chairman of Abu Dhabi Commercial Bank. He is a co-founder and board member of Sandooq Al Watan and board member of Rotana Hotel Management Corporation.

Early life

Hussain Al Nowais was born in Abu Dhabi, United Arab Emirates in 1956. He graduated from Lewis & Clark College in Portland in 1978 with a bachelor's degree in Business Administration, with an emphasis on finance. He has attended various executive management courses at INSEAD in France and London Business School.[1] [2]

Career

He is the chairman of Al Nowais Investments LLC, listed on the Forbes Top 100 Arab Family Businesses in the Middle East in 2020 and 2021.[3] Al Nowais Investments' latest project was leading a consortium to build Egypt's renewable energy power plants with a total capacity of 700mw.[4]

He is also the chairman of AMEA Power which develops thermal and renewable energy in Africa, the Middle East, and Asia.[5] [6] He is a director of Rotana Hotel Management Corporation[7] and is vice chairman of Abu Dhabi Commercial Bank.[8] He is a founding board member of Sandooq Al Watan (Nation's Fund)[9] and a founding board of trustees of Khalifa University in UAE.[10] Al Nowais served as Chairman of Waha Capital from 2006 to 2018.[11] [12] [13]

Recognition

In 2013 MF International Gulf Italy magazine named him among "The people who count in Dubai." In 2011 and in 2013, Arabian Business included him in their "2013 Construction Week Power 100" list.[14]

In June 2021, Faure Gnassingbé, President of Togo, awarded Al Nowais the Order of Mono, the highest Togolese order of chivalry, in recognition of his contributions to Togo’s development process.[15]

Notes and References

  1. Web site: Making a business of success. 2021-12-26. gulfnews.com. en.
  2. Web site: Board. 2021-12-26. FBC GULF Family Business Council A Fast growing community with a wide international reach.
  3. Web site: Mughal . Waqar . Top 100 Arab Family Businesses in the Middle East 2021 . Forbes Lists . 9 May 2021.
  4. Web site: Atallah. Momen Saeed. UAE's Al Nowais to build solar, wind plants in Egypt. Reuters. 10 December 2019.
  5. News: Interview: Hussain Al Nowais Chairman, AMEA Power - . African Business Magazine . IC Publications . African Business Magazine . 19 March 2019.
  6. Web site: 23 January 2020. U.A.E.'s Al Nowais plans $500 million renewable energy fund. Bloomberg.
  7. Web site: Board of Directors - Rotana Hotels . Rotana.com.
  8. News: Coronavirus in UAE: ADCB to defer loan payments, waive interest . 18 March 2020 . Khaleej Times . . en.
  9. News: Staff . Mohammad receives Sandooq Al Watan board members . . 13 March 2017 . en.
  10. News: WAM . Sheikh Hamed bin Zayed Al Nahyan chairs meeting of Khalifa University Board of Trustees . . 16 February 2015.
  11. Web site: Business Leaders. 4-Traders. 7 December 2015.
  12. Web site: Dayoub. Anees. حسين النويس: نجاح في الاتجاهين.
  13. News: Abu Dhabi's Waha Capital names new managing director . 12 June 2019 . Arabian Business Magazine . en.
  14. Web site: 2011 Construction Week Power 100: 41–50. 2 July 2011.
  15. Web site: 24 June 2021. President of Togo awards 'Order of Mono' to Hussain Al Nowais. Emirates News Agency.