Tag Archives | World Bank

MIGA Insures Libyan Beverage and Harissa Plant

The Multilateral Investment Guarantee Agency (MIGA) has announced that it is supporting the ongoing operations and expansion of Jafara Group Limited, a company that produces, bottles, and distributes drinking water, juice, and harissa in Libya. The project was underwritten through MIGA's Small Investment Program, and is the first use of a World Bank Group lending […]

$5 billion injection to help cure local ills

With the dust still to settle after the chaos of the Arab Spring, many foreign investors are thinking twice about sinking their cash into the region.  The International Finance Corporation (IFC), the private investment arm of the World Bank Group, is seeking to help make up the shortfall, however. It aims over the next three […]

Libya returnees get Tk 50,000 each

A total of 35,085 Libya returnees have received Tk 50,000 each in cash under the 'workers rehabilitation project' of the World Bank. “As per our target, all Libya returnees will get cash help. If anyone is dropped, they have been asked to communicate with the desk concerned along with valid documents,” Secretary of Expatriate Welfare […]

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