Early Warning System

Countries

Iraq
Jordan
Lebanon

Geographic location where the impacts of the investment may be experienced.

Specific Location

Lebanon, Jordan and Iraq

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Dec 9, 2025

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

The NET Global ADGM

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Industry and Trade
Transport

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 3.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Project Cost (USD)

$ 3.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

PSD Translation (Arabic)

Primary Source

Original disclosure @ EBRD website

Updated in EWS Feb 2, 2026

Disclosed by Bank Dec 5, 2025

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of the provision of up to USD 3 million senior secured loan to support The NET Global (the "Group"), a regional logistics group with its commercial expansion in Lebanon, Jordan and Iraq. The Project will enable the Group to offer market-aligned competitive payment terms to trading companies and well-established e-commerce customers. The envisaged loan will support a selective, quality-driven expansion of business volume, boost asset productivity in a prudent manner, and strengthen competitiveness while preserving the quality of the Group's customers portfolio.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Category B (ESP 2024). The proposed financing supports The NET Global, a regional logistics provider operating across Lebanon, Iraq, and Jordan with HQ in the UAE. The Group operates in a region with known contextual risks and access to labour may involve migrant workers from areas of conflict, mainly via contractors. The Project is associated with specific environmental, health, safety, and social impacts typical for the transport service sector.

The potential adverse effects with the Project are associated primarily with traffic and road safety management, labour and social aspects, and contractors' management.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

An up to USD 3 million senior secured loan.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The NET Global is a regional logistics group with its holding company incorporated in the UAE (Abu Dhabi General Market), and with business operations in Lebanon, Jordan, Iraq, and the UAE. The Group started as a Lebanon-focused business since 1994, but actively expanded its geographical footprint to become a regional logistics player. The Group provides domestic last-mile deliveries, international express, e-commerce fulfilment services, third-party logistics warehousing and fulfilment, freight forwarding services, and port clearance services tailored to online retailers, wholesalers, B2B and B2C clients. It owns and operates warehouses and distribution fleets in its countries of presence.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	The NET Global	Client	-

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Mouard Aoun
info@thenet.group
+961 1 593 400
https://www.thenetglobal.group/

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html