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World Bank updates procurement rules to boost jobs with local labor focus

The World Bank is updating its procurement requirements to address job challenges in developing countries.

By Globe Banner | Jul 18, 2025

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Morgan Stanley releases 2025 report on single-family office compensation trends

Morgan Stanley's Single Family Office Advisory has released its biennial compensation report for 2025.

World Bank approves $127.5 million project for social protection in Kenya

The World Bank has approved the Second Kenya Social and Economic Inclusion Project (KSEIP2) to enhance social protection systems in Kenya.

Ajay Banga discusses Africa's future at G20 finance meeting

By the middle of this century, Africa is expected to have a significant impact on the global population and workforce.

Benin's economy shows significant growth; World Bank highlights opportunities for inclusive progress

More inclusive growth, along with taxation and spending strategies focused on vulnerable populations, could further reduce poverty and inequality in Benin.

Lisa Pollina appointed vice chairman for SC Ventures by Standard Chartered

Pollina will support both businesses to grow their presence and deepen relationships with key partners in the region.

Macquarie raises €3.5B for European infrastructure debt fund

Macquarie Asset Management announced the successful raising of €1.2 billion for its Macquarie European Infrastructure Debt Fund (MEID) at the fund's final close.

Jamaica strengthens disaster resilience with World Bank partnership

On July 3, 2024, Hurricane Beryl hit Jamaica with category 4 winds and heavy rain.

Somali girl's educational journey supported by World Bank project

In the Ceelasha Biyaha camp near Mogadishu, Aisha Nuur Hassan starts her day with a determined journey to Banaadir College of Education.

Arch Insurance promotes Chris Fairs to head agency management

Arch Insurance International has announced the promotion of Chris Fairs to Head of Agency Management at Arch Managing Agency Limited (AMAL).

World Bank issues EUR 3 billion sustainable development bond

The World Bank has successfully priced a 10-year EUR benchmark bond, raising EUR 3 billion to support its sustainable development activities.

Warburg Pincus acquires majority stake in Keystone Agency Partners

Keystone Agency Partners has announced a significant investment from Warburg Pincus, which will acquire a majority stake in the company.

Mobile technology boosts savings surge in developing economies

More adults in low- and middle-income countries now have financial accounts, according to the World Bank Group's Global Findex 2025 report.

UOB partners with Michelin for global hotel key selection

UOB has announced its role as the Global Principal Partner of The MICHELIN Guide Hotels, marking the first instance of a Singapore company collaborating with this prestigious ratings authority on an international level.

Morgan Stanley announces second quarter 2025 results conference call

A conference call discussing Morgan Stanley's second quarter results for 2025 is scheduled for July 16, 2025, at 8:30 a.m. Eastern Time.

World Bank's Johannes Zutt visits Bangladesh in first official trip

The World Bank's new Vice President for the South Asia Region, Johannes Zutt, arrived in Dhaka today.

Côte d'Ivoire partners with World Bank to formalize informal gold mining

Facing significant losses from illicit gold trade, Côte d'Ivoire has partnered with the World Bank and the World Gold Council to formalize its small-scale mining sector.

Côte d'Ivoire partners with World Bank on sustainable gold mining

Facing significant losses from illicit gold trade and seeking to formalize a vital, yet often dangerous sector, Côte d'Ivoire has joined forces with the World Bank and the World Gold Council in an ambitious partnership to transform its small-scale...

World Bank aids India's electricity distribution transformation amid rising demand