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Dubai's billionaire Khalaf Al Habtoor cancels all Lebanon investments, citing instability and security concerns.
Dubai billionaire Khalaf Al Habtoor has canceled all investment plans in Lebanon due to the country's instability and security concerns.
Al Habtoor, head of Al Habtoor Group, plans to sell all his properties and investments in Lebanon, citing the lack of security and stability.
The decision comes after his investments in Lebanon suffered losses of $1.4 billion.
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Khalaf Al Habtoor, multimillonario de Dubai, cancela todas las inversiones en Líbano, citando la inestabilidad y las preocupaciones de seguridad.