A new Hotel named Naflet Hotel, which was constructed in Adama city with a total investment of 750 million Birr was inaugurated during the last weekend.
The Hotel was owned by two investors named Dagim Tibebu and Hawi Zewdie and its construction consumed eight years.
The eighth storey new Hotel has 38 bed rooms and conference and event halls.
Spread the NewsPrime Minister Abiy Ahmed (PhD) has inaugurated Dire Dawa Free Trade Zone on Sunday. Dire Dawa is selected to host the free trade zone due to its proximity to ports, market potential, huge cargo gravity and suitability for multimodal transport and logistics operation. Increasing import substitution and export revenue, job creation, and skill…
Spread the NewsThe Aviation Africa Summit and exhibition this year co-located with SMIESA – the 1st World Airports event – was opened on Monday, September 12, 2022 by Rwandan President Paul Kagame with a strong message of support for the aviation industry along with a reaffirmed determination to see Africa progress with its ‘Open Skies’…
Spread the NewsSafaricom Ethiopia has unveiled its first cloud data center in Addis Abeba at a press briefing and media visit program held on Tuesday February 22,2022, in less than a year after the Ethiopian Communications Authority (ECA) issued the company the first-ever telecom operator license since Ethio Telecom. The establishment of the data center…
Spread the NewsThe National Tobacco Enterprise (NTE), member of Japan Tobacco International group of Companies, said that the government has lost 4.5 billion Birr due to cigarette smuggling in 2020/21 Ethiopian fiscal year. “NTE paid 2.5 billion Birr tax to government last year. However, the government has lost 4.5 billion Birr due to cigarette smuggling,”…
Spread the NewsGeeta Pasi, the US Ambassador to Ethiopia said that the US wants Ethiopia on strong economic growth and reform trajectory, where trade is growing, and the economy is expanding. Ambassador Pasi said so on Thursday while she addressed the Ethiopian diaspora at an event hosted by the American Chamber of Commerce. Ethiopia and…
Spread the NewsEthiopian Artificial Intelligence Institute and Oromia Bank agreed Friday to implement Artificial Intelligence (AI) technologies, which enable customers to perform financial transactions and enjoy real-time customer service from their mobile phones. The agreement has been signed between Taye Lemma (PhD), Research and Development Head of the Institute and Teferi Mekonnen, CEO of Oromia…
