Browse Category: Real Estate

The Rich Get Richer

UAE national, Hussain Sajwani increases net worth from 3.7 billion to 4.3 billion in 2017 in a 6 month span, according to Forbes magazine. A venture made possible through the big business of real estate, over in the city of gold lamborghinis and pet jaguars, Dubai. He describes the year as being “good and stable” with his company DAMAC about to exceeds its expectations in sales and handover by the close of the year. Hussain Sajwani started out his first business with a catering venture, Draieh Management Services Company in 1982. He later founded DAMAC Properties in 2002 seeing an opportunity in opening up the Dubai real estate to foreign investors. The DAMAC owner recently open up his company’s first golf club in partnership with the Trump organization. Hussain Sajwani was ranked the richest billionaire in the UAE last year.

According to elmawkefalarabi.com, catching the burst of the city’s real estate bubble in 2008, the DAMAC owner laid low and saw prices decline 60 percent. Hussain started many successful ventures like his launch of the 42 million square foot Akoya, now known as DAMAC Hills. This mega development features apartments, mansions and villas, surrounding a golf course. Also, the 55 million square foot, Akoya Oxygen which launched in 2018. These many successful business moves being due to Hussain being able to see changes and adapt accordingly. After the 2008 crisis of the dormant companies, he only survives because he saw the crisis coming in the early stage and took immediate action.

Post crisis accounted for 14,530 of the 19,855 units being sold, 1,923 in the first 9 months of 2017. Showing no signs of slowing down, however momentum does not show in profits since the company has posted its third consecutive profit decline. Hussain suggests this dip indicates lower profit margins on some international projects. Handed over in the last year in Saudi Arabia, Qatar and Lebanon. Focusing more on delivery, momentum continues, and work is further being done on mega projects like hotels and serviced apartments which make up 30 percent of sales. We’ve done more sales so its been a good year, Hussain says.

Reference: https://www.albayan.ae/economy/local-market/2016-04-27-1.2627119

Adam Milstein: Anti-Semitism Needs To Stop

Adam Milstein is a role model that shows anyone that they can achieve their dreams as long as they don’t settle for less. Adam is a self-made businessman known for co-founding the Adam Milstein Foundation with his wife. The organization provides funding every year to support organizations that provide healthcare to the Israel and Jewish communities. Everyone deserves a better quality of life.

Everyone deserves access to adequate healthcare. Adam Milstein is also a Pro-Israel Activist and has many interesting pieces on the Jewish News Syndicate Publication. One piece that is very interesting is “Unlikely Radical Alliances Fan the Flames of Anti-Semitism Worldwide,” The article discusses problems with racism, bigotry, and hate against Jews. Radical Muslims are responsible for vicious crimes against innocent men, women, and children. Jews are treated unjustly just because of their heritage. Anti-Semitism is growing at a fast pace, and it could result in the overthrowing of Israel.

Adam Milstein is against anti-Semitism because of the negative impacts it has on innocent people. The article is very informative as it provides awareness that Europe and North America have joined forces to continue the spread of unjust treatment against innocent Jews. Both groups are joining forces because they share the same dislike for western influence and the freedom of speech. Isn’t stoning women, killing gays, and discriminating against minorities a violation of freedom of speech? In an ordinary world, both groups would never join forces as the Leftists are against anti-Semitism.

Radical Muslims use similarities of the Leftist group as fuel to brainwash them into thinking that it is ok to torture and mistreat Jews. The truth is that reading this article proves that confusion exists among both groups. Though their dislikes are similar, the groups do not share the same beliefs. At present they may be increasing Anti-Semitism on the Jews. However, it is believed that there is only a matter of time before they turn on each other. It is very important that Leftists begin to understand that Radical Muslims do not have a heart for them and will subject them to the same torture if they get in the way.

https://www.jta.org/author/adam-milstein