{"id":91439,"date":"2024-04-29T00:00:00","date_gmt":"2024-04-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/damac-properties-boss-says-uae-floods-were-overexaggerated\/"},"modified":"2024-04-29T00:00:00","modified_gmt":"2024-04-29T00:00:00","slug":"damac-properties-boss-says-uae-floods-were-overexaggerated","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/","title":{"rendered":"Damac Properties boss says UAE floods were \u201coverexaggerated\u201d"},"content":{"rendered":"

It\u2019s a reasonably quiet day for the UAE in the foreign press, with only two stories worth <\/strong>noting: <\/strong>Bloomberg<\/a> has a feature on the UAE\u2019s buying spree in Egypt, most recently exemplified in a USD 35 bn investment in Ras El Hekma, while CNBC<\/a> talks to Damac Properties boss Hussain Sajwami, who said reports around the flooding in the UAE were \u201cover exaggerated,\u201d and that there were \u201cpockets of problems\u201d but the country managed to recover quickly. <\/p>\n","protected":false},"excerpt":{"rendered":"

Plus: ADQ\u2019s USD 35 bn acquisition of development rights of Egypt\u2019s Ras El Hekma gets ink<\/p>\n","protected":false},"author":1,"featured_media":91440,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[86,7,1342,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-91439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-damac-properties","tag-enterpriseam-uae","tag-investment","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"53bcc4cb-4b0d-4884-a4c0-cf2627ab10b8","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/2036.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Damac Properties boss says UAE floods were \u201coverexaggerated\u201d","related_issue":[91419],"teaser":"Plus: ADQ\u2019s USD 35 bn acquisition of development rights of Egypt\u2019s Ras El Hekma gets ink","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.99e8bdae-d08d-4a30-a329-5298b9f551e4.mp3"},"yoast_head":"\nDamac Properties boss says UAE floods were \u201coverexaggerated\u201d - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damac Properties boss says UAE floods were \u201coverexaggerated\u201d\" \/>\n<meta property=\"og:description\" content=\"Plus: ADQ\u2019s USD 35 bn acquisition of development rights of Egypt\u2019s Ras El Hekma gets ink\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2036.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Damac Properties boss says UAE floods were \u201coverexaggerated\u201d\",\"datePublished\":\"2024-04-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/2036.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Damac Properties\",\"EnterpriseAM UAE\",\"investment\",\"UAE IN THE NEWS\"],\"articleSection\":[\"UAE IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/29\/damac-properties-boss-says-uae-floods-were-overexaggerated\/\",\"name\":\"Damac Properties boss says UAE floods were \u201coverexaggerated\u201d - 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