Post Edit: Almaza has denied these rumors, and we have published
an updated post.
Local media outlet LebanonFiles has revealed that the popular beer and beverages company Almaza is currently assessing their financial situation to make a decision about their continuation
.
According to the website, Almaza has suffered great losses due to the ongoing economic crisis that has been exacerbated by the pandemic.
The closure may come within the next couple of months.
If true, this would be devastating to the sector as Almaza is one of Lebanon’s most prized and adored products.
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