Beirut bank hostage situation comes to end after apparent partial payout

Katarina Holtzapple

Bassam Al Sheikh Hussain held up a Federal Bank of Lebanon branch for hours demanding money from his account to pay for his father's medical treatment

Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors Â 

Updated: August 11, 2022, 8:16 PM`