Tag: Business

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Ethiopian Airlines Flight Diverted from Addis Ababa to St. John’s, Canada

A medical emergency aboard a flight bound for Ethiopia’s capital city diverted a plane to St. John’s on Wednesday. Ethiopian Airlines Flight 501 landed in St.

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Ethiopian Airlines ShebaMiles Launches Platinum Tier level

The Platinum tier level offers extra benefits to frequent flyers that accrue 75, 000 status miles or 60 qualifying segments within one calendar year, Jan

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Ethiopia's Industrial Parks Get More Foreign Finance

Other foreign financiers plan to join the World Bank and invest in the nation’s industrial park development. According Sisay Gemechu, head of the Industry Park Development

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Newly Inaugurated Hotel Expects Business Bump for the AU Summit

Bole Atlas road area of Addis Ababa saw yet another inauguration of an international hotel just in time for the 28th African Union (AU) summit

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Ethiopian President all Praise for Makers of Jaipur Foot

Ethiopian President Mulatu Teshome praised the makers of the world famous Jaipur Foot for holding two camps in his country and rehabilitating about 700 handicapped

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Aser Constructed Public Park in the Capital

Aser Construction PLC, one of the Grade I contractors in Ethiopia, constructed a public park in the capital city, Addis Ababa, at an outlay of

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Indian Textile Company Interested in doing Business in Ethiopia

Welspun India, textile manufacturing company from India, is interested to invest and join Ethiopia’s textile industry. Such was disclosed by the company’s chairman, B. K.

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Samuel Teklay and his messy business activities

Samuel Teklay, owner of a construction firm based in Addis Ababa, is one of the richest persons in Ethiopia. The road and highway construction company

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Oromia International Bank profit affected by the protest

After raising paid up capital from quarter billion to almost a billion Birr, Oromia International Bank (OIB) registered a 249 million Br net profit for

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Why Cars are so Expensive in Ethiopia

Owning a car for many Ethiopians - even those with ready cash to spend in one of the world's fastest-growing economies - remains a pipe

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RIDE Raising Investment Funds to Fulfill Exploding Service Demands in Ethiopia

Being the first Ethiopian RIDE Hailing business has a downside, especially when a startup funding is scarce and Internet service is continuously interrupted for security

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Ethiopian Airlines Resumes Flights to Conakry

Ethiopia’s flag carrier, Ethiopian Airlines Group, disclosed it finalized arrangements to resume flights to the Capital of Republic of Guinea, Conakry, starting from February 1,

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