Emirati Businessman Khalaf Al Habtoor Cancels All Investments in Lebanon

Emirati businessman Khalaf Ahmad Al Habtoor has announced his decision to withdraw from the Lebanese market, cancel all investments, and sell his properties in the country. The head of Dubai conglomerate Al Habtoor Group shared this announcement on X, formerly known as Twitter.

As of January last year, the group’s investments in Lebanon amounted to about $1 billion. Notably, just last week, Al Habtoor had expressed an intention to invest in Lebanon once a new government was formed.

However, due to ongoing security issues, political instability, and the banking crisis, he has now chosen to step back entirely.

Despite this setback, Al Habtoor’s withdrawal does not signal the end of Lebanon’s investment potential. Historical resilience and its strategic position in the region still offer opportunities for future recovery. For Lebanon to regain investor confidence, it will need to implement urgent reforms and address the systemic issues hindering economic stability.

As the situation stands, Lebanon faces a critical moment—its path forward depends on decisive actions that can restore trust and pave the way for sustainable development.

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