Flood criticisms are overexaggerated, says Dubai property boss

Hussain Sajwani, the chairman of Damac Properties, one of the United Arab Emirate’s largest private real estate developers, sought to downplay the severity of flooding in the country earlier this month, saying there were only “pockets of problems.”

He told CNBC’s Dan Murphy that he didn’t see lessons had to be learned as it was an unusual storm.

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