World Bank cancels loan for Lebanon’s Bisri dam, effective immediately

Lebanese protesters hold placards during a protest against the Bisri dam project in the Bisri Valley, 58 kilometers southeast of Beirut, Lebanon, Sunday, March. 10, 2019. (AP file Photo)
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Updated 05 September 2020
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World Bank cancels loan for Lebanon’s Bisri dam, effective immediately

  • World Bank says the Lebanese government had failed to address questions about an ecological compensation plan, among others
  • Initially approved in 2015 at a total cost of $617 million, the dam had long sparked criticism from environmental activists

WASHINGTON: The World Bank on Friday said it had canceled $244 million in undisbursed funds for the Bisri Dam project in Lebanon after repeatedly raising concerns about the project since January.
In a statement, the World Bank said it had notified the Lebanese government about its decision, which takes effect immediately. It said it has also repeatedly underscored the need for “an open, transparent and inclusive consultative process.”
The World Bank began raising concerns in January about Lebanon’s plans to build the large dam in the Bisri Valley, and put funding for the program under partial suspension on June 26.
Initially approved by Lebanon’s government in 2015 at a total cost of $617 million, the dam had long sparked criticism from environmental activists. Concerns about large infrastructure projects have spiked since the massive port explosion in Beirut on Aug. 4 that killed more than 190 people.
The World Bank committed $474 million to fund the project, of which $244 million have not yet been disbursed.
The Bank initially set July 22 as the deadline for authorities to meet all requirements to proceed with the project, but later agreed to extend the deadline until Sept. 4, given constraints imposed by the novel coronavirus pandemic.
The Bank said the Lebanese government had failed to address questions about an ecological compensation plan and arrangements for operations and management of the dam. The contractor also had not been mobilized at the site, it said.
Certain expenditures related to fiduciary and environmental and social safeguards would remain exempt, it said.
The Bank said it remained ready to work with Lebanese authorities to see how existing loans, including undisbursed amounts from the canceled Bisri project, could be used most effectively to respond to the emerging needs of the Lebanese people following the port explosion. 


Three brothers arrested over US embassy blast in Oslo

Updated 12 March 2026
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Three brothers arrested over US embassy blast in Oslo

  • The brothers, who were Norwegian citizens of Iraqi origin, had been arrested in Oslo and police were investigating the motive
  • While none of the brother were previously known to police, Hatlo said investigators were not ruling out links to “criminal networks“

OSLO: Norwegian police said Wednesday three brothers had been arrested on suspicion of a “terrorist bombing” over a weekend explosion at the US embassy in Oslo, which caused minor damage but no injuries.
Police prosecutor Christian Hatlo told a press conference the brothers, who were Norwegian citizens of Iraqi origin, had been arrested in Oslo and that police were investigating the motive.
“We are still working from several hypotheses. One of them is whether this is an order from a government entity,” Hatlo said.
“This is quite natural given the target — the US embassy — and the security situation the world is in today,” he said.
Hatlo said the investigation would seek to clarify exactly what roles the brothers, who were in their 20s, had played.
“We believe that one of them is the person who placed the bomb outside the embassy and that the other two were complicit in the act,” Hatlo told reporters.
Oystein Storrvik, a lawyer for one of the suspects, told broadcaster TV 2 that his client had admitted “to being involved in the case.”
“He admits that he placed the bomb there,” Storrvik told the broadcaster.
Storrvik added that his client had been questioned by police.
“He has explained what happened, and I have no further comments at this time,” he said.

- ‘Proxy actors’ -

While none of the brother were previously known to police, Hatlo said investigators were not ruling out links to “criminal networks.”
In its annual threat assessment, Norwegian security service PST said last month that Iran, which it considers one of the main threats to the country, could rely on “proxy actors,” including “criminal networks,” to commit acts.
On Tuesday, Iran’s ambassador in Oslo denied any involvement by his country in the embassy explosion.
“It is unacceptable that we are being singled out,” Alireza Jahangiri told Norwegian newspaper Verdens Gang.
According to police, the perpetrators of the bombing, described as “powerful,” may also have acted out of their own motives.
US embassies have been placed on high alert in the Middle East due to American strikes on Iran. Several have faced attacks as Tehran responds by targeting industrial and diplomatic facilities.
The blast took place at around 1:00 am (0000 GMT) on Sunday at the entrance to the embassy’s consular section.
On Monday, two images were released from surveillance camera footage showing a suspect dressed in dark clothing with a hood over his head and wearing a backpack.
Roughly at the time the incident occurred, a video had been uploaded to the Google Maps page for the US embassy.
The video, which has since been taken down, appeared to show Iran’s late supreme leader Ayatollah Ali Khamenei, who was killed on the first day of the US-Israeli strikes in Iran.
According to Norwegian public broadcaster NRK, the person who uploaded the video wrote in Persian: “God is great. We are victorious.”
Police have also opened an investigation into this.