Donald Trump poses for a photograph on the first tee of the Trump Golf Course in 2013. Damac says it is sticking by its partnership with the Trump Organization despite the latest anti-Muslim tirade by the Republican presidential candidate front-runner. Duncan Chard for The National
Donald Trump poses for a photograph on the first tee of the Trump Golf Course in 2013. Damac says it is sticking by its partnership with the Trump Organization despite the latest anti-Muslim tirade byShow more

Damac sticks by Trump Organization amid anti-Muslim tirade



Damac is sticking by its partnership with the Trump Organization despite the latest anti-Muslim tirade by the front-runner for the Republican presidential nomination.

Donald Trump on Monday called for a "total and complete shutdown of Muslims entering the United States".

His remark drew swift rebukes from across the political spectrum. It came just weeks after he said he would consider closing down some US mosques in response to the Paris terror attacks.

The latest outburst has focused attention on the billionaire’s relationship with Dubai’s Damac Properties where the Trump Organization is managing a golf club under development on the outskirts of the city.

The partnership remained intact today despite the storm of controversy surrounding Mr Trump.

“We would like to stress that our agreement is with the Trump Organization as one of the premium golf course operators in the world and as such we would not comment further on Mr Trump’s personal or political agenda, nor comment on the internal American political debate scene,” said Niall McLoughlin, a senior vice president at Damac Properties.

The developer teamed up with The Trump Organization in May 2013 with a plan to operate a Trump International Golf Course at the heart of the 42 million square feet Akoya by Damac project in Dubailand.

During a political rally in South Carolina on Monday night, Mr Trump told supporters: “You’re going to have more World Trade Centers. We can be politically correct or we can be stupid, but it’s going to get worse and worse.”

Even before his latest remarks, Mr Trump drew criticism from the UAE business community.

Khalaf Al Habtoor, chairman of the Dubai-based Habtoor conglomerate, last month wrote in an article for The National:

"I was wrong and I do not mind admitting it. My support for America's front-running Republican presidential candidate Donald Trump was a mistake. Initially, I admired his outspokenness and his record of turning losses into wins. I believed – and still do – that America is lacking strong leadership. But when strength is partnered with ignorance and deceit, it produces a toxic mix threatening the United States and our world."

scronin@thenational.ae

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How Filipinos in the UAE invest

A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.

Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).

Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.


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