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Mesenbet Shenkutie reelected as President of Addis Chamber
Spread the NewsMesenbet Shenkutie has been reelected as President of Addis Abeba Chamber of Commerce and Sectorial Associations (AACCSA) by winning 431 votes. The election was held on Thursday during the 16th Annual General Meeting of AACCSA at Inter Luxury Hotel. Mesenbet will be in charge of the Chamber President for two years. Mesenbet was…
Interest free finance, economy summit kicks off
Spread the NewsOrganized by Halal Promotion PLC, Interest-Free Finance and Economy Summit has been kicked off Thursday at Sheraton Addis Hotel. Ahmed Shide, Minister of Finance, Solomon Desta, Vice Governor of the National Bank of Ethiopia (NBE) for Financial Institutions Supervision, Mohammed Endris (PhD), Director General of Ethiopian Diaspora Service (EDS), Ambassador Birtukan Ayano, State…
Ethiopian Airlines Group signs proposal with De Havilland Canada for up to Four Dash 8-400 Freighter
Spread the NewsFarnborough, United Kingdom, July 20, 2022 – De Havilland Aircraft of Canada Limited (“De Havilland Canada”) and Ethiopian Airlines Group (“Ethiopian”) announced Wednesday that Ethiopian has signed a proposal for the purchase of two Dash 8-400 Freighter – Large Cargo Door (F-LCD) conversion kits. The proposal provides an option for an additional two…
Ministry announces new fuel price rates
Spread the NewsMinistry of Trade and Regional Integration (MoTRI) announced Wednesday a decision to hike fuel prices. The new price adjustment has been effective as of Wednesday, September 28, 2022. Accordingly, the new price for Benzene price rose nearly 20% from 47.83 Birr to 57.05 Birr. Under the new decision, the price of diesel was…
Former CEO of Ethiopian Airlines receives life time achievement award
Spread the NewsBy Kaleyesus Bekele Tewolde Gebremariam, former Ethiopian Airlines Group CEO, has received a life time achievement award from Flight Global, a London based aviation Publication Company. Turkish Airlines chief Bilal Eksi and former head of Ethiopian Airlines were among senior industry leaders recognized at this year’s Airline Strategy Awards on Sunday July 17,…
CBE to inaugurate its new tallest HQ Sunday
Spread the NewsCommercial Bank of Ethiopia, the State-run financial firm, will officially inaugurate its new headquarters (HQ) and Ethiopia’s tallest building on Sunday, February 13, 2021. The inauguration of the 53-storey will take place on the same day the bank celebrates its 80 Year Diamond Anniversary, said Abie Sano, President of the Bank in a…