Qatar’s Al Mondial company to invest in Ethiopia

ADDIS ABABA (ENA) – Qatar’s leading biscuit manufacturer, Al Mondial Company, expressed interest to invest in Ethiopia. The Ministry of Foreign Affairs noted that Ethiopian Embassy in Qatar hosted a webinar briefing... Read more »

Ethiopia leading East Africa in FDI: Ambassador Hirut

ADDIS ABABA – Ethiopia has led East Africa in attracting Foreign Direct Investment (FDI) and is Africa’s fifth-largest recipient of FDI, Ethiopia’s Ambassador to Belgium, Luxembourg and the EU institutions Hirut Zemene... Read more »

Total to commence tech based petroleum transportation

 ADDIS ABABA – Total Ethiopia announced that it has planned to commence technology based petroleum transportation in Ethiopia aim at promoting safety. Total Ethiopia Health Safety Environment and Quality Manager Solomon Mekonnen... Read more »

Nation renovating junta-ravaged infrastructure

ADDIS ABABA – A number of activities have been undertaken to restore the junta-ravaged infrastructure during the law enforcement operation in Tigray State of Ethiopia and the renovation works are believed to... Read more »

Hijra Bank inaugurates 130 mln. Birr HQs

ADDIS ABABA – Hijra Bank, the nation’s second fully-fledged, interest-free bank to obtain operating license from the National Bank of Ethiopia (NBE), inaugurated Wednesday a nine-storey headquarters that costed 130 million Birr... Read more »

Ethiopian, Russian firms agree to establish vehicle assembly plant

ADDIS ABABA – Ethiopian company Bazra Motors and Russian based Ulyanovsk Automobile Plant (UAZ) have signed an accord to set up UAZ cars assembly plant in Ethiopia. According to the press release... Read more »

Ethiopia says U.S. Special Envoy’s remark ‘undiplomatic

ADDIS ABABA – The U.S. newly-appointed Horn of Africa Special Envoy Jeffrey Feltman‘s recent comments about Ethiopia and the region in his Foreign Policy magazine interview is not something expected from a... Read more »

ETU unveils Ethiopian Luban Workshop Center

ADDIS ABABA- Ethiopian Technical University (ETU) said it is working to solidify the teaching, learning process in the area of mechatronics, robotic and artificial intelligence. Speaking at an event organized to disclose... Read more »

CBE to undergo financial transformation

• Targets inclusiveness, financial flow ADDIS ABABA – Commercial Bank of Ethiopia (CBE) stated that it has amended directives so as to reach out to the unreached with financial accessibility and inclusiveness.... Read more »

Parties call on electorate to secure voting card

ADDIS ABABA- Contending parties have urged citizens to get registered using the extended registration period in a bid to vote in the upcoming 6th general elections.Freedom and Equality Party Office Head Nur... Read more »