Skip to content Skip to Search
Skip navigation

Al Habtoor scraps Lebanon TV channel after physical threats

Khalaf Ahmed Al Habtoor, chairman of the Al Habtoor Group, said that the “lack of necessary security stability … has left us no choice but to abandon the launch of our television station from Lebanon" Reuters/Ashraf Mohammad Mohammad Alamra
Khalaf Ahmed Al Habtoor, chairman of the Al Habtoor Group, said that the “lack of necessary security stability … has left us no choice but to abandon the launch of our television station from Lebanon"
  • ‘Barrage of accusations, slander and threats’
  • Criminal complaints lodged in Lebanon
  • Search on for other homes for channel

Dubai’s Al Habtoor Group has cancelled plans to launch a TV channel from Lebanon after physical threats were made to the founder and staff.

Chairman and founder Khalaf Ahmad Al Habtoor said that the “lack of necessary security stability for investment … has left us no choice but to step back from this initiative and abandon the launch of our television station from Lebanon.”

The group claimed that it had faced “a barrage of orchestrated campaigns including accusations, slander and threats” since announcing on April 30 it would launch the new channel in Lebanon.

It “has lodged criminal and civil complaints in Lebanon and internationally against those implicated in these campaigns and threats”, the company said.

Al Habtoor Group said it was looking at other countries from which to launch the new channel.

The group had previously announced that the new channel would employ around 300 workers and that it was developing a 100,000 square metre “studio city” that would boost Lebanon’s “attractiveness as a prime location for international filmmakers”.

In a statement on April 8 Al Habtoor Group said that the new channel would offer “a diverse array of programming designed to elevate the human spirit and celebrate the countless success stories unfolding around us every day”.

The group has previously reported that its total investments in Lebanon were close to $1 billion and included luxury hotels, a shopping mall, and the country’s only theme park, “Habtoor Land”, which is currently closed.

In January Al Habtoor Group announced it had served a notice of dispute against the state of Lebanon for violating a 1999 bilateral investment treaty with the UAE by failing to protect Emirati investments. It claimed that restrictions imposed by Lebanon’s central bank had prevented Al Habtoor Group from repatriating $44 million. 

The group threatened at the time that “if the dispute is not resolved within six months and the Al Habtoor Group claims are not settled, it will be open to Al Habtoor Group to commence appropriate local and international legal proceedings against the Lebanese Republic in accordance with the treaty.”

Latest articles

Saudi inflation June 2024. Clothing and footwear prices in Saudi Arabia were down 3.2 percent year on year in June, and 0.2 percent month on month

Non-oil discounting brings Saudi inflation down

Saudi Arabia’s year-on-year consumer inflation rate fell to a low of 1.5 percent as non-oil businesses competed over prices but the wholesale price index remained at a high of 3.2 percent, reflecting high prices globally.  The consumer price index was down from 2.7 percent in June 2023. The CPI was also down from the 1.6 […]

hasan al fardan

Fintechs having ‘no impact’, says remittances CEO

Fintechs are no threat to the UAE-based remittances company Al Fardan Exchange, its CEO Hasan Al Fardan has declared. Al Fardan said there was no intention to drop fees to compete with finance technology startups. To date, he said, fintechs have had “no material impact on our business or our operations. We are hitting record […]

Almost 300,000 European visitors contributed to Oman's hotel revenues growing by more than 10 percent

Oman hotel revenues increase more than 10%

Hotel revenues across Oman were up by more than 10 percent in the first five months of 2024, fuelled by an increasing number of Asian and European visitors to the sultanate. Three-to-five star hotels reported revenues of OR108 million ($281 million) at the end of May, the latest data from the National Centre for Statistics […]

Saudi fishing trawlers

Saudi fishing industry bolstered by support plan

Saudi Arabia’s fishing industry has landed a financial support programme from the government as part of plans to develop and safeguard the sector. Fish production in the kingdom increased 80 percent in 2023 year on year to 214,600 metric tonnes. The goal is to increase that by 7 percent to 230,000 tonnes this year. The […]