SGI - PowBit Join the World Bank's $1 Billion Reconstruction Fund to Support Lebanon’s Revival

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New York City, New York Mar 9, 2025 (Issuewire.com) - On February 28, 2025, Lebanon's Minister of Finance, Yassine Jaber, announced that the World Bank is establishing a $1 billion reconstruction fund to support Lebanons economic and infrastructure recovery. The World Bank will contribute $250 million in seed funding, while the remaining $750 million will come from global donors.

As a leading global investment firm and an innovative gaming platform, Stone Giant Investment (SGI) and PowBit have actively responded to this international aid initiative by officially joining the donor ranks to contribute to Lebanons rebuilding efforts. SGI and PowBit have always been committed to social responsibility and fostering global economic development, with a particular focus on regions affected by crises.

The CEO of SGI stated:
"Lebanon is a key economy in the Middle East, yet recent economic challenges have made its recovery difficult. As a global investment firm, we hope that through this donation, we can help the Lebanese people rebuild their homes and restore economic vitality."

A PowBit representative added:
"PowBit has always been committed to social welfare. Beyond providing an exceptional gaming experience for users worldwide, we also aim to take on greater social responsibility. We believe that unity and cooperation can bring about change, and this donation is just the first step in our efforts to support Lebanons reconstruction."

The donation from SGI and PowBit will be allocated to infrastructure restoration, public service recovery, and humanitarian aid, ensuring that the funds genuinely benefit the Lebanese people in need.

Looking ahead, SGI and PowBit will continue to monitor Lebanons recovery progress and explore further opportunities for philanthropic collaboration, contributing to the development of global communities.

About SGI (Stone Giant Investment)

SGI is a leading global investment firm specializing in finance, technology, and gaming. The company is dedicated to driving global economic growth by providing innovative and sustainable investment solutions.

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About PowBit

PowBit is an innovative online gaming platform offering a diverse range of betting and financial services. The company is committed to building a fair, secure, and transparent global gaming environment while actively participating in social welfare initiatives, using technology and innovation to drive positive change.

SGI & PowBit stand together for Lebanons reconstruction and invite more companies to join in supporting global philanthropic efforts!

Source :SGI INC.

This article was originally published by IssueWire. Read the original article here.

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