Bishara Bahbah says he has renamed Arab Americans for Trump to Arab Americans for Peace. AP
Bishara Bahbah says he has renamed Arab Americans for Trump to Arab Americans for Peace. AP

Arab Americans for Trump changes name after President announces US will take over Gaza



Bishara Bahbah started the group Arab Americans for Trump last year amid intense anger with Joe Biden over his administration's policies on Gaza. He lobbied Arab Americans, especially in the swing state of Michigan, to vote for Donald Trump, believing that he would bring peace to the region.

But after Mr Trump announced on Tuesday that the US would “take over” the Gaza Strip and that neighbouring countries would – perhaps indefinitely – take in the Palestinians living in the enclave, Mr Bahbah changed the name of the group to Arab Americans for Peace and condemned the plan.

“I'm trying to maintain open communications while at the same time firmly rejecting the idea of displacing Palestinians or removing Palestinians from any part of historic Palestine,” Mr Bahbah told The National. “We are adamantly opposed to the notion of transferring Palestinians outside of historic Palestine for any reason.”

Mr Trump announced his plan after he welcomed Israeli Prime Minister Benjamin Netanyahu to the White House. Arab governments, Palestinians, the UN and many world leaders have rejected the proposal.

He did not say if Palestinians would be allowed back into Gaza after the reconstruction was completed, but that “the world's people” would live there. He added the coastal territory could become the “Riviera of the Middle East”, a phrase that has been repeatedly used by Israel.

Despite international outcry, Mr Trump insisted that “everybody loves” the idea, saying on Tuesday that he is prepared to send US troops to the Palestinian territory if necessary and claiming his plan would bring stability to the Middle East. He said he would be prepared to send US troops to Gaza “if it's necessary”.

Mr Trump focused on relations with Arab Americans in Michigan, sending a team to the swing state that went to Mr Biden in 2020. During the election, Mr Bahbah told The National that many in the community believed Mr Trump would end the wars in the Middle East.

After the announcement, Mr Bahbah said he still has hope that Mr Trump will change his mind, and pointed to the coming visits to Washington by Jordan's King Abdullah II and Egypt's President Abdel Fattah El Sisi. He said he hoped Mr Trump would also meet Palestinian President Mahmoud Abbas.

“This should give him time to rethink some of the ideas that he floated around, his trial balloons,” he said.

Mohammad Qazzaz, a Palestinian American from Dearborn, Michigan, who voted for a third-party candidate, said he was outraged by the announcement. He said his jaw dropped when he heard the news while having dinner.

“If he goes with this, it'll be a disaster in the making,” Mr Qazzaz said. “It's already a disaster.”

How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

Updated: February 05, 2025, 9:01 PM