Al Habtoor Group to take legal measures against Lebanon over $1.7bn investment losses

Al Habtoor Group is one of the largest conglomerates in the UAE, with operations spanning hospitality, automotive, real estate and education. Al Habtoor Group
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Updated 26 January 2026
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Al Habtoor Group to take legal measures against Lebanon over $1.7bn investment losses

RIYADH: Al Habtoor Group said it will move forward with legal action against Lebanon after years of unresolved investment disputes and mounting losses of $1.7 billon linked to banking restrictions and state inaction, according to an official statement.

The UAE-based conglomerate said it has been a long-term foreign investor in Lebanon, with investments across hospitality, luxury hotels, and retail, as well as leisure, real estate and banking-related activities, describing these as “an integral part of the Group’s long-term productive presence in the country.”  

The firm said measures taken by the country’s goverment, combined with Lebanon’s prolonged political, economic, financial, and social crises, have caused the damages and losses.

The company said its investments were made “in good faith and in reliance on Lebanese law,” as well as on obligations set out under the bilateral investment treaty between the UAE and Lebanon, in force since 1999. 

According to the statement, the group’s assets in Lebanon have suffered “severe and sustained harm” as a result of measures imposed by Lebanese authorities and the Banque du Liban that prevented it from accessing and transferring lawfully deposited funds. 

“These enormous losses are not limited to the unlawful deprivation of access to the Group’s funds in the Lebanese banks, but also arise from the broader collapse of institutional stability and the failure of the Lebanese government to take timely and necessary measures to protect foreign investments and private properties,” the statement said.

Al Habtoor Group said the obligation to safeguard investments and compensate for losses “is not a matter of discretion or goodwill, but rather a legal obligation arising under binding bilateral agreements and international investment treaties concluded with the United Arab Emirates.” It added that these treaties impose “clear duties on Lebanon to ensure protection, fair treatment, and effective remedies for investors.” 

In early January 2024, the group said it formally notified the Lebanese government of an investment dispute through an international law firm specializing in sovereign and treaty-based cases, triggering the six-month cooling-off period prescribed under the bilateral treaty. The objective, the company said, was to reach an amicable resolution. 

However, the statement said that “despite sustained good-faith efforts and extensive institutional engagement,” no meaningful progress or corrective action was taken by the relevant authorities. 

“Investor protection is not discretionary, it is a fundamental obligation under international law and a prerequisite for economic credibility and stability,” the statement said.

While the group said it remains open to “lawful and constructive solutions that restore its rights in full,” it added that it “cannot and will not continue to absorb additional losses arising from prolonged inaction, negligence and systemic failure.” 

As a result, the company said it has exhausted all reasonable efforts to resolve the dispute amicably and “has no other alternative but to advance this matter further and proceed to take all legal measures necessary to protect and enforce its rights under applicable international agreements and legal frameworks.” 

Al Habtoor Group is one of the largest conglomerates in the UAE, with operations spanning hospitality, automotive, real estate and education. 

The legal escalation outlined in the group’s latest statement follows a series of public warnings made by Al Habtoor Group and its chairman in late 2023, when the company signaled it was prepared to withdraw entirely from Lebanon if protections for foreign investors were not restored. 

In a December 2023 interview with Arab News, chairman Khalaf Al-Habtoor said the group was prepared to pursue international legal remedies, stating that it was ready to enlist “high-caliber law firms overseas” to recover assets affected by banking restrictions and the broader economic collapse. 

He warned that continued inaction by the Lebanese authorities would leave the group with limited options, adding: “If I find a buyer now for everything I invested there with a negotiable price, I will sell it.” 

At the time, Al-Habtoor said the group’s direct investments in Lebanon exceeded $1 billion, with a further $500 million in indirect exposure, but noted that the current value of those investments had been severely eroded. 

He also highlighted the human cost of the crisis, citing approximately 500 employees in Lebanon and explaining the decision to keep hotel operations running despite losses


AI’s shift toward proactive healthcare

Updated 05 February 2026
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AI’s shift toward proactive healthcare

  • Experts reveal how AI is reducing burnout and streamlining workflows

JEDDAH: Artificial intelligence is increasingly moving from the margins of healthcare innovation into its operational core. Rather than replacing clinicians, AI is being deployed to address persistent challenges across health systems, from administrative overload and staff burnout to fragmented data and inefficient patient flow.

Speaking to Arab News, Abbes Seqqat, chief executive officer of Rain Stella Technologies, and Eric Turkington, chief product officer, discussed how AI is already transforming healthcare delivery — and why its impact is most meaningful when embedded directly into clinical workflows rather than treated as a standalone tool.

Seqqat describes AI’s role as accelerating a structural shift in healthcare delivery. “AI is accelerating the shift in healthcare from reactive to proactive care, because AI fundamentally helps detect, analyze and predict,” he said, noting that many health systems lack the resources to perform these tasks at scale.

Abbes Seqqat, chief executive officer of Rain Stella Technologies. (RST photo)

While AI use cases in healthcare are broad, Seqqat emphasized that the most effective applications today focus on operational and clinical fundamentals, including reducing administrative burden, identifying patient risks earlier, and capturing clinical data more reliably and in real time.

RST’s portfolio reflects this approach, spanning surgical data capture and workflow automation, cloud-based electronic medical records, and health information exchange. Across these systems, the common goal is improving data quality and usability so clinicians can spend less time managing information and more time delivering care.

According to Turkington, RST’s systems rely on a mix of established and emerging AI technologies.

RST's Equinox offers a streamlined workflow, minimizing redundant data entry, and also allows for seamless integration with other systems. (RST images)

“Across the portfolio, we are using a wide range of AI and predictive technologies, from voice technology to reliably capture clinician inputs, to large language models that analyze and act on collected data,” he said.

A key focus has been adapting AI to regional and clinical realities. Voice models, for example, have been trained on UAE and GCC accents and grounded in medical terminology to improve accuracy in real-world settings. RST also uses retrieval-augmented generation and multi-agent AI architectures, allowing different AI components to perform specialized tasks such as classifying surgical notes, identifying unusual events, or assisting with billing and coding, Turkington explained.

DID YOU KNOW?

• AI can detect, analyze, and predict patient risks faster than traditional methods.

• Systems like Equinox use voice input and predictive analytics to actively support clinical decisions.

• AI assistants provide real-time updates, automate documentation, and improve coordination in operating theaters.

One of the central concerns around AI adoption is whether it adds complexity to already demanding clinical roles. Seqqat argues the opposite should be the goal.
“For nurses and frontline staff, AI’s greatest contribution is removing the invisible administrative friction that leads to burnout,” Seqqat said.

In operating theaters, AI systems can replace manual coordination methods such as phone calls and whiteboards by providing real-time situational awareness. By automating updates, anticipating delays, and serving as an on-demand clinical notepad, AI reduces cognitive load and allows staff to remain focused on patient care, he explained.

RST’s voice-enabled assistant, Orva, is designed specifically for perioperative environments.

Orva captures live updates through voice input, enabling it to surface delays, flag bottlenecks, and prompt coordination between departments. (RST photo)

Turkington said it enables hands-free documentation and coordination, helping surgical teams manage schedules and resources more effectively.

By capturing live updates through voice input, Orva can surface delays, flag bottlenecks, and prompt coordination between departments. It also assists with documentation and coding, reducing errors and supporting more accurate reimbursement— an area where incomplete records often create downstream challenges.

Electronic medical records remain central to healthcare delivery, but Turkington noted that AI can move them beyond passive data repositories.

Eric Turkington, chief product officer of Rain Stella Technologies. (RST photo)

“We designed Equinox as an EMR that enables you to spend less time with the software and more time with patients,” Turkington said.

Through voice input, automated documentation from visual annotations, and AI-generated pre-visit summaries, the system can actively support clinicians rather than slow them down. Predictive analytics, such as identifying no-show risks or highlighting care gaps, further shift EMRs toward decision-support tools rather than administrative obligations.

Both executives stressed that AI’s effectiveness depends heavily on data access and quality. Seqqat pointed to interoperability as a prerequisite rather than an afterthought.
“AI is only as powerful as the data it can access,” he said, adding that fragmented records limit both clinical insight and system-wide learning.

Health information exchanges, such as RST’s Constellation platform, enable patient data to be viewed longitudinally across providers. AI can then assist with patient identity matching and population-level analysis, allowing trends and risks to be identified across large datasets.

Turkington shared an example from an operating theatre where AI helped prevent cascading delays. When a surgical case ran late, a nurse verbally updated Orva that the patient was ready to exit. The system alerted the recovery unit, analyzed schedule conflicts, and prompted management to reassign staff before delays affected subsequent procedures.

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By tagging the cause of the delay and feeding that data into predictive models, the system helped prevent similar issues in the future — without additional manual coordination.

According to Seqqat, the primary returns from AI adoption come from combining efficiency with financial accuracy. Streamlined workflows allow providers to treat more patients without compromising care, while improved documentation reduces revenue leakage.

Looking ahead, Seqqat sees AI becoming central to Saudi Arabia’s healthcare transformation. He described its role as advancing smart hospitals, predictive patient flow, and precision medicine aligned with Vision 2030 goals.
“The role of AI in Saudi Arabia’s healthcare sector is evolving from a supporting technology to a foundational pillar of the Kingdom’s Vision 2030 transformation. Over the next few years, we expect to see AI move into the realm of smart hospitals, where predictive analytics optimize patient flow and AI-driven precision medicine leverages the Saudi Genome Program to provide hyper-personalized care. By unifying national health data and automating complex administrative workflows, AI will enable a more proactive, value-based healthcare model that improves patient outcomes and operational efficiency across the country.”