Buildings under construction for the Al Habtoor Group are seen in Dubai January 9, 2016. REUTERS/Ashraf Mohammad
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Gulf Arabs could pull billions in investment money from the United States if Donald Trump wins the presidency later this year, billionaire Emirati 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 U.S.If other Gulf investors take a similar view, billions of dollars of Gulf Arab money slated for investment in the United States could be at risk.Saudi billionaire Prince Al-Waleed bin Talal called Trump a disgrace in a Twitter spat on Dec. 12, although he did not threaten to pull out his U.S. investments.Habtoor says Trump should not have stereotypically identified Muslims as terrorists.
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