Presidential Links Benefit DAMAC Owner Hussain Sajwani

The Hussain Sajwani family leaped into the international consciousness in 2016 when then U.S. President-Elect, Donald Trump gave the group behind the UAE-based DAMAC company a piece of the prime real estate at his annual New Year’s Eve dinner at the Florida resort of Maralago. Seated in the front row, Hussain Sajwani was praised by the U.S. President for the success the pair have achieved in developing a number of golf-based resorts in the Middle East where the luxury real estate has become the domain of the former supplier of U.S. military food services. Learn more:


Hussain Sajwani is always willing to give an insight into the activities taking him from a food services business owner to one of the best-known luxury real estate developers in the world with an eye for the dramatic and eye-catching deal. Long before he found himself rubbing shoulders with top global leaders, Hussain Sajwani founded a food services company when his work as a financial expert in the Middle Eastern energy sector allowed him to see there was a gap in the market he could turn into a profit. The DAMAC owner soon began supplying food for oil and gas exploration companies across the region and supported U.S. troops during the Iraq Wars for which the company was awarded an honor by the leaders of U.S. armed forces.


DAMAC was created by Hussain Sajwani in 2002 when he had already begun building an empire of mid-level hotels which were focused on supplying the newly opened markets of the former Soviet Union with affordable accommodation. Hussain Sajwani became famous with his DAMAC Properties group when he purchased a small piece of land in the United Arab Emirates and turned it into one of the most impressive luxury developments seen in the kingdom. Learn more:


The partnership between Hussain Sajwani, DAMAC, and President Donald Trump includes two golf course developments positioned within the grounds of DAMAC-owned properties. Two deals have already been agreed between the Trump brand and DAMAC with further deals seen as important to the growth of his company by Hussain Sajwani.

Knockout Option Significance Explained by Jeremy Goldstein

Many businesses have stopped providing employees with stock options. Companies have different reason while some are saving money, others have complicated reasons. However, the problems that led companies not to provide employees with stock options were constant. The issues included the stock value can drop significantly making it difficult for employees to exercise their options, stock options mainly lead to accounting burdens, and many employees have discovered economic downturns usually declare options worthless.


However, there are advantages of stock options which make it preferable to additional wages, better insurance coverage, and equities. Stock options compensation method is simple for employees to understand as they provide an equivalent value that is substantial to them. Also, options can only improve personal earnings if the company’s share value rises. Therefore, it encourages employees to work hard by attracting potential clients, develop innovative products and satisfy customers to improve the corporation’s share value to enhance their income.


Moreover, some internal revenue service rules make it difficult for employees to receive equities. Therefore, companies may face higher tax burdens when they provide shares than when they offer stock options. These advantages can be obtained by businesses who keep providing employees with stock options.


Companies ought to take steps to reduce overhang and initial and ongoing expenses when offering stock options. However, the best option for businesses is to embrace knockout barrier option according to Jeremy Goldstein. It works as other barrier options, but employees lose them if the share value of the company reduces under a particular amount. Employers are advised to cancel them if the share value remains that for at least week.


Knockout option reduces initial accounting costs. Also, it protects stockholders from worries as they don’t face overhang threats from options that no one can change. Moreover, it ensures the firm’s annual proxy is accurate as it results in lower executive compensation figures.


Jeremy Goldstein is a lawyer who is a partner at the Jeremy L. Goldstein & Associates, LLC firm based in New York. He has worked to help many companies with financial solutions. Jeremy L. Goldstein & Associates, LLC firm provides answers on matters of CEOs, management teams, and compensation matters.


Jeremy Goldstein is knowledgeable about employees and employers options that will work to benefit the company. Jeremy Goldstein attended Cornell University where he earned a BA degree and then joined New York University School of Law and graduating with a Juris Doctor. With over 15 years of experience, Jeremy Goldstein has worked to improve many companies.


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