China, Ethiopia agree to augment military cooperation
Fan Changlong, Vice Chairman of China's Central Military Commission, has agreed with Ethiopian President Mulatu Teshome and Minister of Defense, Siraj Fegessa, to strengthen the
Category: Business - Page 4
CBE Bagged 4 Billion Birr in 3 Months
Commercial Bank of Ethiopia (CBE) bagged a net profit of 4 billion Birr in the first quarter of the current fiscal year with total earning
Sugar Corporation Changed Plans of Construction
Ethiopia’s Sugar Corporation disclosed it has canceled the construction of 2 sugar factories out of the intended 10. The projects that will be affected by
Ethiopian Airlines Chooses AFI KLM E&M For Next-Generation 737 Component Services
E&M and Ethiopian Airlines have signed a long-term component services contract covering a fleet of 28 Boeing Next-Generation 737 aircraft. The contract is placed in
Moroccan OCP Group to Build $2.5 Billion Fertilizer Plant in Partnership
The Ethiopian government has announced that it will partner up with OCP Group, the Moroccan world leader in the phosphate industry, in a joint $2.5
EIC: Recent Unrest No Significant Impact on FDI
Ethiopian Investment Commission (EIC) said the recent unrest has not caused serious impact on foreign direct investment flow into the country.
In a press briefing he
Gov't of Finland Pledges to annually allocate 15 million Euros to Ethiopia
The government of Finland pledged to allocate 15 million Euros on an annually basis to Ethiopia.
The Finnish Ambassador to Ethiopia, Ambassador Helena Airaksinen, said that
Over $872 Million Earned from Tourism in first quarter
The Ministry of culture and tourism said that Ethiopia had earned over $872 million from foreign visitors during the first quarter of this budget year.
Public and International Relations Head
Ministry Offering Hoteliers Successive Standard Service Training
The Ministry of Culture and Tourism said the hospitality sector is registering progress providing standard services as to the dictates of modern time.
Speaking at a
Merkato,America Gibe sees Another Massive Bid
As expected a staggering 355,500 birr or $15,872 US* per square meter was offered by Garden Real Estate for 1,380 square meters of land located in Addis Ketema sub-city
