Reported: 2 November 2026
Board decision follows closure of operations in Lebanon
Al Habtoor Group says its Board of Directors has decided to proceed with the sale of all the group’s assets and investments in Lebanon.
The reported scope includes hotels, commercial and residential properties, land, and other assets the company holds in the country. The decision follows a prior announcement that the group would cease operations in Lebanon, cited as made on 28 January 2026, and is described as marking a new phase in the group’s strategic review of its investment portfolio and long-term priorities.
Divestment planned in an orderly manner
Al Habtoor Group says the divestment process will be conducted in an orderly manner, with each asset evaluated independently. The company says sale decisions will be based on market conditions and fair valuations that reflect investment value.
The group states that its Lebanon investments, established since the late 1990s, have involved sectors including hospitality, real estate and entertainment. It also says the sale plan aligns with what it describes as responsible investment management and protection of its interests.
The company says it will announce further details about the asset sale process at a later time.
Source: Emirates247.