Al Habtoor Group sells its assets in Lebanon after an investment dispute with the state

⏱️ Timeline

1. 7 Nov 2026, 10:07 A report notes that Al Habtoor Group decided on 2 November 2026 to sell all its assets in Lebanon, after announcing the suspension of its operations and the termination of its employees' contracts in January 2026; it also cites a formal dispute notice the group sent to the Lebanese state in 2024 under the Lebanese-Emirati investment agreement and a claim of more than $1.7 billion filed with the International Centre for Settlement of Investment Disputes.
2. 7 Nov 2026, 12:51 Al Habtoor Group announces the sale of its hotels and properties, without the announcement including further details on the value of the deal or the identity of the buyer.
3. 7 Nov 2026, 13:08 The group announces the sale of all its hotels, properties and land in Lebanon, saying it formally notified the state in January 2024 and sought an amicable solution before halting its operations in Lebanon on 28 January 2026 and terminating its employees' contracts; it is claiming more than $1.7 billion before the International Centre for Settlement of Investment Disputes, and the state has retained a law firm.

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