How DAMAC Owner, Hussain Sajwani Built DAMAC Properties Into A Huge Success Story

UAE national the DAMAC owner Hussain Sajwani is the Chairman of the Board and Founder of DAMAC Properties, a global property development company. Hussain is a graduate of the Univesity of Washington and initially started his entrepreneurial career as a contracts manager with ADNOC subsidiary GASCO. He eventually went on to start his own business in 1982 in the catering industry. Hussain’s catering company continues its success today and today is a leader in its industry, managing more than 200 projects and serving up 150,000 meals every day. Hussain later went on in the 1990s to pioneer property market expansion in Dubai and built a handful of hotels focussed on accommodating entrepreneurs coming to Dubai to do business. It was in 2002 that he was able to identify a key market opportunity and establish DAMAC Properties which has since then become one of the largest companies of its type in the Middle East and a leader in innovative design. DAMAC is currently working on several high profile projects in prestigious cities such as Abu Dhabi, Dubai, Amman, Beirut, Doha, Riyadh, Jeddah and London.

 

The original concept the DAMAC owner Hussain Sajwani had for DAMAC Properties was to develop properties for the commercial, private and leisure sectors. The company has seen rapid growth and has steadily expanded into Saudi Arabia, North Africa, Lebanon, Qatar and Jordan. The Market Capital of DAMAC Properties is valued at $4.7 billion as of May 2017. DAMAC Properties currently has over 2,000 employees as well as being listed on Dubai’s Financial Market and being the first real estate company from the Middle East to be listed on the London Stock Exchange.

 

The company has its headquarters in Dubai, UAE and has built its massive success due to its passionate commitment to quality and innovative design. DAMAC Properties and the DAMAC owner Hussain Sajwani is behind some of the most iconic structures in countries such as Qatar, Oman, Saudi Arabia, Joran and the UAE. The company is known for undertaking projects in the most strategic locations and then building structures to the highest quality of specifications. Famous structures developed by DAMAC Properties include Executive Heights in Dubai and Smart Heights in TECOM.

How Jed McCaleb Is Helping The Un-Banked People Of The World

Jed McCaleb has been in the technology industry as an entrepreneur for 18 years. He now works for two nonprofits in the industry. The first one is the Machine Intelligence Research Institute. He donates money to this organization and serves as a top advisor. He says that artificial intelligence an area of technology that holds great promise but also grave peril. This nonprofit was created to provide guidance to AI researchers in order to ensure that what they create is safe for humanity. He says that while this technology will improve people’s lives around the world it can also be used in ways that are a threat to people.

The other nonprofit Jed McCaleb works at is one he co-founded, Stellar Development Foundation. He established this nonprofit in June 2014 and he is the chief technology officer. His goal is to use open-source software to unleash the financial system from its current outdated infrastructure that doesn’t work for far too many people. He said he got the idea for Stellar from the cryptocurrency Bitcoin. Bitcoin uses blockchain technology which is a distributed database that serves as a virtual ledger keeping track of Bitcoin transactions and who owns what.

At Stellar, Jed McCaleb says the goal is to give people a way to make financial transactions who today don’t even have a bank account. Banks don’t want low-income people as customers because they cost more than they bring in, he says. The new financial system he is creating will give these people a way to save and transfer money, something that right now is far too expensive for many people around the world if it’s even available at all.

Nonprofits and companies around the world are now using Stellar. Jed McCaleb says that one of these nonprofits is the Praekelt Foundation in South Africa. They have slotted Stellar into their messaging app, Vumi. This allows young South African girls a way to save money using airtime credits. Airtime credits, he explains, is a form of mobile money that is used in developing countries around the world.

James Dondero Sets Million Dollar Challenge Grant from Highland to Match The Family Place’s $16.5M Campaign

Highland Capital Management’s co-founder and president announced that his firm would be awarding an astounding million-dollar challenge grant in order to assist The Family Place charity. As Dallas’ top organization raising awareness and support for local victims of domestic violence, the grant is aimed to help The Family Place to meet the ultimate goal of $2.8 million for their Legacy Campaign within six months. It was publicized that Mr. Dondero would be administering this grant via a philanthropic branch of Highland Capital known as the Highland Dallas Foundation, Inc.

The acclaimed corporation promised to match 50 percent of all funds raised in the capital campaign up to an even million dollars up until early April 2017. When the announcement was initially made, The Family Place organization had already managed to raise an incredible $200k to add toward the Legacy Campaign effort. Thanks to James Dondero and Highland’s grant, that massive donation would be matched with $100k. Although the charity’s fundraising goal still desires $2.8 million in order to hit the final goal of $16.5 million, Highland Capital’s challenge grant is determined to help them get there.

With a local call to action in place by the Dallas Mayor Mike Rawlings and Dallas Police Chief David Brown asking the community to assist in these life threatening issues, James Dondero knew a grant was simply the right thing to do. In a public statement, Mr. Dondero confided, “The civic community in Dallas gets things done. We at Highland Capital Management were impressed by the way The Family Place, through avid philanthropic support, took this concept from inception to the final stage of this campaign in just a year. We are proud to invest alongside many of the most generous and thoughtful in the community.”

The Family Place aims to offer shelter along with life altering services for local victims of domestic violence. Following their completed construction, The Family Place shelter is set to deliver a number of emergency bedrooms including a medical clinic, a call center, both private and group counseling rooms for children and adults and even multi-purpose areas for job training. James Dondero and Highland Capital Management have shown tremendous faith in this organization and hope to provide a multitude of opportunities for them to multiply the impact of their wonderful gifts to the public.

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How To Succeed And Inspire Equality

Susan McGalla is someone who is an example of succeeding in the business world. She has paid little to no attention to her gender. She has instead decided to focus on work and doing everything possible to bring the company she works for to greater levels of success on Bitsylink.com. She did not entertain the idea of being entitled to anything on account of her gender. She has instead decided that she is going to find jobs that she is passionate about working in. Then she is going to excel in her field so that she can bring forth better results in her career.

She is also a speaker that advises women on what they can do in order to succeed in the business world. Susan McGalla has made it clear that it takes passion, hard work, versatility and confidence in order to succeed. Among the best ways to gain these four traits is to find a job one is passionate about. However, one could also achieve that by creating the type of work she wants by being an entrepreneur. One thing that is very helpful to her is her upbringing. She was raised as a person. She was not raised by her father as a girl.

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Front Office Staff | Pittsburgh Steelers

Susan McGalla – Director of Strategic Planning and Growth @ The Pittsburgh Steelers, LLC

One of the reasons that she was so successful as a woman was that she has worked in jobs that she was passionate about. Therefore, she had no time to look at her gender and what her gender was entitled to on Pittsburgh.cbslocal.com. Even if she did have time, she chose not to entertain those ideas. She has smiled and did the work knowing full that it was what it took to advance to higher position.

Susan McGalla is not only an example to follow for other women, she is also someone other people in disadvantaged positions could learn from. She has shown that one can advance to higher positions through hard work. She has shown that it is not necessary to sit and complain about one’s own position. Susan McGalla has went from working for various companies to starting her own successful business in which she provides strategic marketing for the Pittsburgh Steelers. She is one of the business owners that is taking society much closer to equality.

Fabletics To Expand By Opening More Stores

Fabletics is an activewear company. Iconic actress and fashion tastemaker, Kate Hudson, and JustFab Inc. co-Chief Executive Officers, Don Ressler and Adam Goldenberg, co-founded Fabletics. They launched the company after they saw a gap in the activewear marketplace. There was an availability of numerous luxury brands, but none had offered stylish and high-quality gear at an accessible price point. The three entrepreneurs joined forces and launched Fabletics in 2013.

The mission of Fabletics is to create clothing that inspires people to stay active, whether in a competition, a studio or while chasing their children. They offer on-trends designs that have a high quality and at affordable prices. Fabletics can be found on Racked. It has a VIP membership program. A client pays $100 to get two or three pieces of Fabletics outfit. The VIP purchase is discounted to only $25.

Read more: Fabletics on Pinterest

Fabletics, which began as an online and catalog-based business, is now planning to set up walk-in stores. Forbes recently reported that Fabletics intends to open 75 to 100 stores over the next three to five years. Fabletics will be opening its seventh store in the spring at South Park Mall. The company will also recruit shoppers to join the brand’s subscription service and send them discounted outfits once a month. Adam Goldenberg said that the firm manages to send an average of 800,000 items in a month and only receives less than 10 complaints. It is an indication that customers love the program. At the South Park corridor, Fabletics will face stiff competition from other workout retail giants like Lululemon and Athleta. However, the company is prepared for competition with strategies like lowering price points, putting more emphasis on bold colors, and fast-moving inventory.

JustFab, the parent company of Fabletics, revamped Fabletics FAQ section and upgraded its customer service system. Their aim was to make every customer have a good experience and understand the products better than before.

The stores at https://consumerist.com/2016/02/12/yes-real-life-fabletics-stores-just-exist-to-sell-more-vip-memberships/ focus mostly on women. There is a small offering of menswear in the stores. The primary emphasis is on the entire outfit, which is bound to showcase pairings of bras, leggings, and tops. The company is on course to do $250 million in online sales in 2016
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