Al Habtoor Group to exit Lebanon, halt operations amid dispute with government

Dubai-based conglomerate says prolonged instability and legal challenges have made business unsustainable; losses exceed $1.7 billion
Al Habtoor Group to exit Lebanon, halt operations amid dispute with government
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Summary

Al Habtoor Group, a UAE-based conglomerate, announced its decision to cease operations in Lebanon due to prolonged instability and a legal dispute with the government. The company cited hostile campaigns and defamatory actions as reasons for the exit, having incurred over $1.7 billion in losses across various sectors.

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