Al Habtoor decides to sell all his property and investments in Lebanon, as well as cancel all planned investment projects for Forbes

Emirati businessman Khalaf Al Habtoor revealed the cancellation of all investment projects in Lebanon, as he explained in a post on his account on the X platform: “In consultation with the Board of Directors of the Habtor Group, I made a painful decision that I never wanted to reach, but the current conditions in #Lebanon, from The absence of security and stability and the absence of any horizon for an improvement soon, which led us to take the following steps:

– cancel all the investment projects that we intend to implement in Lebanon.

– Refraining from traveling to Lebanon, whether for me, for my family or the group’s managers.

Selling all my property and investments in Lebanon.