Jordan, July 1 -- IFC, the private sector arm of the World Bank Group, announced today the appointment of Imad N. Fakhoury as the new Regional Vice President for the Middle East and Central Asia (MCA) region effective July 1, 2026. Based in Dubai, UAE, Fakhoury will lead IFC's efforts to drive job creation and mobilize private capital at scale across a region that is home to nearly 700 million people.The MCA region spans a diverse set of economies at varying stages of development, where IFC works to build business enabling environments, foster emerging market investments, and promote a vibrant private sector that can create jobs and opportunities for people. As MCA Vice President, Fakhoury will oversee partnerships across 21 countries and m...