News

BEIRUT (AP) — The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country's finance ministry said Thursday.
Finance Minister Yassine Jaber announced that the Kuwait Fund for Arab Economic Development has expressed its intention to ...
The World Bank announced yesterday it had approved $250 million (Sh32.5 billion) to support Lebanon’s post-war reconstruction and a $146 million (Sh18.98 billion) grant to rehabilitate ...
Lebanon has received preliminary approval to increase the value of a World Bank reconstruction loan to $400 million from $250 million, Finance Minister Yassine Jaber said in a statement on ...
" Given Lebanon’s large reconstruction needs, the LEAP is structured as a US$1 billion scalable framework with an initial US$250 million contribution from the World Bank and the ability to ...
World Bank estimates reconstruction of Lebanon will cost $11 billion The war killed more than 4,000 people in Lebanon, displaced hundreds of thousands and caused widespread destruction in the ...
More than 40 years into Lebanon's chronic electricity crisis, power cuts remain a daily reality, with recent blackouts during ...
Lebanon’s president told a top Iranian security official Wednesday that Beirut rejects any foreign intervention in its ...