The United Arab Emirates has formally launched a $1 billion “AI for Development” initiative aimed…
Category: Business and Economy
Ethiopia Tragic Landslides and Floods Claim 30 Lives in Gamo Zone
A devastating natural disaster has struck the Gamo Zone of the South Ethiopia Regional State, where…
Middle East Conflict Poses $137 Million Threat to Ethiopian Airlines
The escalating conflict in the Middle East has begun to cast a heavy economic shadow over…
Sugar Stays Tax-Free, While Fenugreek Faces New 15% VAT Levy
The Ethiopian Customs Commission (ECC) has officially released a new directive clarifying the tax obligations for…
Ethio Telecom and Ericsson Sign Strategic Agreement to Enhance Digital Infrastructure
Ethio Telecom has officially entered into a strategic partnership agreement with the global telecommunications giant Ericsson…
Ethiopia’s Sheikh Ibrahim Tufa Offers Condolences Following the Death of Ayatollah Ali Khamenei
Sheikh Ibrahim Tufa, President of the Ethiopian Islamic Affairs Supreme Council, visited the Iranian Embassy in…
Ethiopia Set to Host Infrastructure and Construction Week in Addis Ababa
The Ethiopian Ministry of Urban and Infrastructure has announced today that the “Ethiopia Infrastructure and Construction…
Ethiopia’s ECX Integrates Malting Barley into Modern Trading and Credit Systems
The Ethiopia Commodity Exchange (ECX) has officially announced the inclusion of malting barley into its modernized…
National Bank of Ethiopia Issues Stern Warning Against Illegal Cryptocurrency and P2P Trading
The National Bank of Ethiopia (NBE) has issued a formal cautionary statement regarding the rising…
Ethiopia to Deploy Advanced Tracking Sensors to Curb 5.5 Billion Birr Annual Fuel Theft
The Ethiopian government has announced a major technological offensive against a deeply entrenched network of…