Lucy Insurance Earned 13.3 Million Birr
Lucy Insurance S.C., one of Ethiopia’s private insurance companies, has registered a net profit of 13.3 million Birr. The insurance company’s performance shows a 57
Category: Business - Page 5
United Insurance Made 60.81 Million Birr
United Insurance Company (UNIC), one of the private insurers in Ethiopia, has reported a net profit of 60.81 million Birr in the past fiscal year.
Berhan Bank Experiences Huge Profits
Berhan International Bank saw a 152 percent increase in profits last fiscal year. According to the report of Berhan Bank their net profit before tax
Turkish Company to Acquire 75 % of Sugar Project
Bedisa Group, a Turkish giant established half a century ago, is negotiating to acquire 75 percent of a sugar project in Ethiopia at an outlay
Awash Insurance Made 91 Million Birr Profit during 2015/2016 Fiscal Year
Awash Insurance Company (AIC) disclosed it has made a net profit of 91 million Birr during 2015/2016 fiscal year. The profit made by AIC, which
SANY Shows Chinese-built Power in Addis Ababa-Djibouti Railway Project
The first modern electrified railway line in Africa, Addis Ababa-Djibouti Railway, was opened to traffic on Oct. 5. The manufacturing giant SANY Heavy Industry took
Ethiopian Airlines to Hire Nigerian Pilots, says Country Manager
Ethiopian Airlines plans to employ Nigerian pilots for its growing fleet of B777, B787, B737 and Dash 8 Q-400 aircraft.
Besides, the carrier is ready to
Trade, Not Aid, Will Unshackle Ethiopia From Extreme Poverty
To Canada's Brian Stewart -- the veteran journalist who helped uncover the Ethiopian famine of 1984 to the world, long before Bob Geldof made it
Ethiopian Electric Power inks Loan Agreement with Standard Bank for Upgrade of Power Sub Stations
Ethiopian Electric Power and Standard Bank South Africa have signed loan agreement estimated at more than $100 million dollars aimed at financing the upgrade and
Ethiopian Oil Company Mulls China Poly Equity Deal on Gas Finds
Ethiopian Mineral, Petroleum and Biofuel Corp. is discussing a partnership with a unit of China Poly Group, the first of a series of deals with
