Damac Chairman Says Dubai Property to Recover in 2020

Damac Chairman Says Dubai Property to Recover in 2020

Assessment

Interactive Video

Business

University

Hard

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The video discusses Damac's market performance in 2018, highlighting significant stock losses and the cyclical nature of the property market. Hussein Sajwani, Damac's chairman, shares insights on the impact of global economic factors like oil prices and trade tensions. He outlines Damac's financial strategy, emphasizing no need for extra funding and plans for debt reduction. Sajwani also explores investment opportunities in the UK, particularly in the context of Brexit, suggesting that a hard Brexit could present valuable opportunities due to potential market downturns.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Hussein Sajwani's stance on selling shares of the company?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What regions is Damac Properties considering for investment?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategy does Hussein Sajwani suggest for buying assets in a down market?

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