Business · Companies · 11 hrs ago
Al Habtoor Group to sell all its investments in Lebanon
UAE-based Al Habtoor Group plans to sell all its assets in Lebanon, including hotels, commercial and residential properties, land and other investments.
The group had earlier said it would stop operating in Lebanon, citing instability, disputes with the government and other pressures.
It has estimated losses of $1.7 billion and said banking restrictions prevented it from accessing or transferring money held in Lebanese banks.
Al Habtoor has invested in the country since the late 1990s, including two hotels in Beirut.
The decision means the group will leave its Lebanese investments, which it says it had maintained through years of economic and political uncertainty.
Each asset will be assessed and sold separately according to market conditions and valuations.
The group says it will focus on markets with greater stability and investment certainty, and will share more details of the sale process later.
Al Habtoor Group has decided to sell all its assets and investments in Lebanon.
The UAE-based group said its board considers a complete divestment the most appropriate course of action.
The group’s portfolio includes two hotels in Beirut, commercial and residential properties, and land holdings.
The decision follows the group’s announcement that it would cease operations in Lebanon, citing instability, public attacks and legal proceedings.
Al Habtoor Group has estimated its losses from unresolved investment disputes at $1.7 billion and said it would pursue legal action against Lebanon.
- Who
- UAE-based Al Habtoor Group.
- What
- It will sell all its assets and investments in Lebanon.
- When
- The decision was announced on November 2, 2026.
- Where
- Lebanon, including the group’s properties in Beirut.
- Why
- The group cited prolonged instability, hostile campaigns, public attacks, legal proceedings and a strategy to focus on markets with greater stability and investment certainty.
This story does not have two clearly opposing sides.
Al Habtoor Group announced that it would cease operations in Lebanon.
The group said it would pursue legal action against Lebanon over investment disputes and estimated losses of $1.7 billion.
The group announced it had decided to sell all its assets and investments in Lebanon.
- Estimated losses
- $1.7 billion
- Beirut hotels
- Metropolitan Palace Hotel and Al Habtoor Grand Hotel
- Portfolio sectors
- Hospitality, real estate, leisure and other sectors
- Lebanon presence
- Established in the late 1990s
What people are saying
unsustainable at this time