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Ethiopian Airlines Honoured with Prestigious President’s Lifetime Achievement Award as it Celebrates 25 Years of Services to the US
Addis Ababa, August 8, 2024
Ethiopian Airlines, the leading aviation group in Africa and a rapidly expanding global airline brand, has been distinguished with the...
Militants Release 16 Ethiopian Students After Month-Long Hostage Crisis, Dozens Still Detained
At the end of June, students from Debarak University were kidnapped in the Gerbe Guracha area of Oromia region while traveling to Addis Ababa...
National Bank of Ethiopia Announces Results of Special FX Auction: Highest Bid at Birr 107.9 per USD
Addis Ababa, August 7, 2024 - The National Bank of Ethiopia (NBE) has successfully concluded its Special Foreign Exchange (FX) Auction, revealing a weighted...
Ethiopian Oil Supply Company to Receive $670 Million from National Bank of Ethiopia
It has been announced that the Ethiopian Oil Supply Company, which buys and supplies the fuel the country needs from abroad, will receive 670...
Ethiopian Airlines Adopts CBE Exchange Rates for Its Dollar-Based Ticket Pricing
Ethiopian Airlines Announces Dollar-Based International Ticket Pricing
Ethiopian Airlines has announced that the ticket prices for international flights transacted in dollars will be determined by...
Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform
In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate....