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A $4.5 Billion Drop Overnight: What’s Behind the Shake-up of Al Amoudi’s Empire?
A Deal that Reshaped a Billionaire's Empire: How the Sale of Preem Erased $4.5B from Al Amoudi's Net Worth
ADDIS ABABA – A dramatic plunge...
Russia Turns to Ethiopian Airlines for Aircraft Amid Western Sanctions
Addis Ababa | August 3, 2025
As Western sanctions continue to isolate Russia’s aviation sector, Moscow is turning its gaze toward Africa—specifically, Ethiopian Airlines—as a...
National Bank of Ethiopia Warns Diaspora Against Using Unlicensed Money Transfer Operators
Addis Ababa, August 2, 2025 —In a stern public advisory issued today, the National Bank of Ethiopia (NBE) has warned the Ethiopian diaspora community...
Ethiopian Airlines Welcomes Fourth Airbus A350-1000, Unveils New Livery in Symbolic Leap Forward
Addis Ababa, August 2, 2025 — In a major stride that blends innovation with tradition, Ethiopian Airlines has officially welcomed its fourth Airbus A350-1000...
Addisu Arega Appointed Ethiopia’s New Minister of Agriculture
Addis Ababa, July 25, 2025 (FMC) — In a move signaling renewed commitment to agricultural transformation, Prime Minister Abiy Ahmed (PhD) has appointed Ato...
National Bank of Ethiopia Urges Local Banks to Brace for Foreign Competition
“Many Foreign Banks Are Applying for Licenses,” Says Governor Mamo Mihret
The Governor of the National Bank of Ethiopia (NBE), Mamo Mihret, has called on...