Forbes Middle East

8. Rizwan Sajan

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Founder and Chairman

COMPANY: Danube Group

SECTOR: Diversifie­d

Sajan founded the Danube Group in 1993. As of 2019, the group had an annual turnover of around $1.3 billion. Today it has interests spanning home décor, building materials, residentia­l properties, architectu­ral cladding, healthcare, hospitalit­y, and media. As of March 2020, the real estate developer had delivered 2,155 units with a combined sales value of $571.7 million. In 2019, Rizwan was among the first foreigners to receive the U.A.E.’s new 10-year residence visa in recognitio­n of his group of companies’ contributi­ons to the country’s economy.

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