Loading ...UAE billionaire says Gulf money would quit US if Trump wins
By Reuters
Gulf Arabs could pull billions in investment money from the United States if Donald Trump wins the presidency later this year, billionaire UAE businessman Khalaf Al Habtoor told Reuters.
Trump, front-runner to be the Republican presidential candidate, triggered outrage around the world when he advocated a temporary ban on Muslims entering the United States.
The United States “will lose their businesses, people will cancel any plans of investment there, I am sure of that,” said Habtoor, the head of United Arab Emirates-based conglomerate Al Habtoor Group (AHG), who once supported Trump’s candidacy.
“Because if you don’t want me in your country, how can I invest and put my money there. Therefore people will divest, and this will result in unemployment in the United States.”
Source: www.arabianbusiness.com