Al Habtoor Group, a UAE conglomerate, is closing its operations in Lebanon and laying off all employees due to a $1.7 billion investment dispute with Lebanese authorities. The decision comes amidst prolonged instability and hostile campaigns against its businesses. Lebanon's economic challenges since 2019 have impacted the conglomerate's interests. The closure aims to protect the company from further losses. Al Habtoor Group operates a hotel and theme park in Lebanon.