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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


Jason Pellmar Announced as World Bank Group Country Manager for Bulgaria

Bulgaria, July 1 -- Starting today, Jason Pellmar becomes the World Bank Group (WBG) Country Manager for Bulgaria, a position that will unify country-level leadership across the institution to better ... Read More


Untied Loan to State Bank of India

India, July 1 -- The Japan Bank for International Cooperation (JBIC) signed on June 30 a loan agreement amounting to up to approximately JPY23.1 billion (JBIC portion) with the State Bank of India (SB... Read More


Lockheed Martin Rotary and Mission Systems (LM RMS) awarded $2,968,000,000 contract

United States, July 1 -- Lockheed Martin Rotary and Mission Systems (LM RMS), Moorestown, New Jersey, is being awarded a sole-source, 10-year indefinite-delivery/indefinite-quantity contract with a ce... Read More