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UAE billionaire warns of capital flight

United Arab Emirates  billionaire, Khalaf Ahmad Al-Habtoor, yesterday warned of “possible escape by the foreign investors” from the Gulf state. “Our region is undergoing tough political and economic conditions, which have created fears around the future of the foreign investors in the UAE, especially in Dubai,” Al-Habtoor said on Twitter….

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Click here to read the full story: Middle East Monitor

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