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Al-Habtoor Group mulls exit from Lebanon if government fails to protect investments
BEIRUT: Business giant Al-Habtoor Group is prepared to pull out of Lebanon entirely if the government does not take action to protect its investments, the conglomerate’s chairman has warned.
In an exclusive interview with Arab News, the UAE-based firm’s chairman Khalaf Al-Habtoor made clear his frustration with the economic decline of Lebanon, and revealed he was prepared to enlist “high-caliber law firms overseas” to recover lost assets.
His warnings came after he sent a letter to Prime…
