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IDB Launches FX EDGE to Unlock Private Investment

Spain, July 1 -- The Inter-American Development Bank (IDB) today launched FX EDGE, a new platform to help countries attract more private investment in sustainable development. Designed to provide tool... Read More


World Bank Group Appoints New Country Manager for Qatar

Qatar, July 1 -- The World Bank Group (WBG) announced the appointment of Holly Welborn Benner as the World Bank Group Country Manager for the State of Qatar, based in Doha. This underlines the World B... Read More


World Bank Group Appoints New Country Manager for Oman

Oman, July 1 -- The World Bank Group (WBG) announced the appointment of Wendy Werner as the first Country Manager of the World Bank Group in the Sultanate of Oman, based in Muscat. This underscores th... Read More


World Bank Group Appoints New Country Manager for Lebanon

Lebanon, July 1 -- The World Bank Group announced the appointment of Enrique Blanco Armas as World Bank Group Country Manager for Lebanon. This new role will unify country-level leadership across the ... Read More


Gevorg Sargsyan Takes on Expanded Role as World Bank Group Country Manager for Maldives

Maldives, July 1 -- Gevorg Sargsyan, who has been serving as the World Bank Country Manager for Maldives since last year, has now taken on an expanded role. In addition to the World Bank, he will over... Read More


Najy Benhassine, World Bank's New Division Director for Central Asia, Starts His Assignment in the Region

Uzbekistan, July 1 -- Najy Benhassine has started his assignment as the new World Bank Division Director for Central Asia, based in Tashkent, Uzbekistan. In this capacity, Mr. Benhassine will oversee ... Read More


World Bank Supports Road Improvement to Strengthen Rural Connectivity in Guatemala

Guatemala, July 1 -- The World Bank's Board of Executive Directors approved a new operation to improve road infrastructure in Guatemala's Highlands, the Verapaces, and the Dry Corridor. The project in... Read More


Massimiliano Paolucci Announced as World Bank Group Country Manager for Albania

Albania, July 1 -- Starting today, Massimiliano Paolucci becomes the World Bank Group Country Manager for Albania, a position that will unify country-level leadership across the institution to better ... Read More


World Bank Appoints New Country Manager for Armenia

Armenia, July 1 -- The World Bank has appointed Fabrizio Zarcone as its new Country Manager for Armenia, effective July 1, 2025.An Italian national, Zarcone brings more than two decades of development... Read More


World Bank Group Appoints New Division Director for Mozambique, Madagascar, Mauritius, Comoros and Seychelles

United States, July 1 -- The World Bank Group has appointed Fily Sissoko as the new Division Director for Mozambique, Madagascar, Mauritius, Comoros, and Seychelles, effective today. He succeeds Idah ... Read More