Lebanese political figures, particularly from the Kataeb Party, have expressed their concerns following the announcement by Emirati businessman Khalaf Al Habtoor to cancel all planned investment projects in Lebanon. Al Habtoor, who had intended to implement several major investments in the country, made this decision citing the ongoing instability and lack of positive prospects.

MP Elias Hankach responded sharply and concisely to the news, attributing the setback to the ongoing obstruction by the Amal-Hezbollah duo, referring to both political forces that he believes are hindering progress. 

"Thanks to the obstructive duo..." Hankach wrote on X. 

Kataeb's Political Bureau member, Alain Hakim, also weighed in on the matter, commenting on the broader issue of Lebanon's political inertia, specifically the delayed formation of a government.

Hakim criticized the current state of affairs, where certain political forces continue to stall critical actions such as government formation, reform initiatives, and efforts to rebuild Lebanon's fractured state.

"The 'Resistance Axis' claims that there is nothing urgent or essential about forming a government, initiating reforms, or rebuilding the state," Hakim wrote on his X account. 

He went on to express hope that the visit of President Joseph Aoun to Saudi Arabia would help ease the political deadlock, potentially paving the way for Arab investments, including those from Al Habtoor, to return to Lebanon. Hakim emphasized that Lebanon’s future depends on overcoming these obstacles, urging political leaders to prioritize reforms and the country’s rebuilding process to attract back vital foreign investments.

Al Habtoor's decision to cancel his planned investments underscores the growing frustration of foreign investors with Lebanon’s political paralysis. This move adds to the long list of missed opportunities for economic recovery in Lebanon, where the failure to form a stable government and address structural issues has left the country in a state of stagnation.