The media office of Jordanian businessman Alaa Mahmoud Al-Khawaja issued a statement, commenting on the statement of the Bank of Lebanon issued on July 9, 2026 regarding the judicial procedures aimed at restoring the rights of depositors, stressing respect for these procedures and their goal of achieving financial justice.
The statement indicated that the Bank of Lebanon did not mention any names in its statement, considering that the media campaign that targeted Al-Khawaja before and after the issuance of the statement was “unknown for its motives,” especially since he was not informed of any legal action from any judicial authority, while the media campaign coordinators were the only ones to target him and his investment history that extends since 1990.
The statement explained that Al-Khawaja’s investments included a number of countries, including Jordan, Egypt, France, Britain, the United States, and Lebanon, and were distributed in the tourism, hotels, and cellular communications sectors in Jordan, Egypt, Tunisia, Algeria, and Italy, in addition to African countries, as well as the banking and financial sectors, including the National Societe Generale Bank in Egypt, and the Egyptian American Bank, which later became American Express Bank, in addition to real estate investments and investments in intellectual property rights.
He added that the investment climates and trust in the laws and judiciary in those countries were the primary motivation behind Al-Khawaja’s investments there.
The statement pointed out that Al-Khawaja decided to invest in Lebanon after reading about the country’s promising future in the early 2000s, and his first investments were in the real estate sector, before they later expanded to other vital sectors.
The statement confirmed that Al-Khawaja’s investment history in various countries since 1990 did not witness any violations or warnings from government authorities or regulatory bodies.
The statement concluded by emphasizing that Alaa Al-Khawaja did not make any investment in Lebanon that would harm the interests of the state, the Central Bank of Lebanon, or depositors, stressing that his complete confidence in the Lebanese law and judiciary will remain his first and last resort.
