January 28, 2025, Khalaf Ahmad Al Habtoor, chairman of the Dubai-based Al Habtoor Group, announced via X the cancellation of all planned investments in Lebanon, citing the country’s current situation. He also revealed plans to sell off all existing properties and investments in Lebanon.
This decision reflects Al Habtoor’s growing concerns over Lebanon’s worsening economic conditions and political instability. It also highlights the significant challenges foreign investors face as Lebanon continues to grapple with severe financial and political crises.
https://twitter.com/KhalafAlHabtoor/status/1884147587122434150?
Link to the previous announcement
