The UAE-based Al Habtoor Group, headquartered in Dubai, announced that its board of directors decided to sell all its assets and investments in Lebanon, including hotels, real estate and land, following a comprehensive study and assessment. The decision comes months after the group announced the closure of its operations in Lebanon and took legal steps to claim compensation exceeding $1.7 billion, amid a severe financial and economic crisis and banking restrictions in the country.
Euronews focused on the background and scope of the decision and the associated figures (losses and compensation claims exceeding $1.7 billion, the prior closure of operations, and the banking crisis), while Elnashra and Cedar News limited themselves to reporting the decision and its general scope, stressing the absence of details on value, buyers and timeline.