47 Years in the Making: Eneredada Cooperative Battles Sudden Eviction in Addis Ababa
The members of "Eneredada Multipurpose Consumers Union Limited Liability Company," which has been managing two properties behind Mado Hotel and Dessalen Hotel in Bole...
National Bank of Ethiopia Issues New Directive on Bank Investments
The National Bank of Ethiopia (NBE) has introduced a new directive aimed at regulating the investment activities of banks within the country. This move...
Ethiopia Secures Critical Financing Assurances to Unlock New IMF Loan
Addis Ababa, July 18, 2024 – Ethiopia has successfully obtained key financing assurances from its creditors, a vital requirement for unlocking a new loan...
Dashen Bank Reports a Profit of ETB 6.6 Billion
Dashen Bank, a prominent player in Ethiopia's private banking sector, has reported a profit of ETB 6.6 billion for the fiscal year 2023/24, positioning...
Ethiopian Airlines Implements New Policy on Air Ticket Payments for Travelers
Addis Ababa, Ethiopia – Ethiopian Airlines has announced a significant update to its payment policy for air tickets, effective immediately. The national carrier now...
Awash Bank’s Pre-Tax Profit Jumps to ETB 14 Billion Amid Expansion
Awash Bank Reports Significant Profit Growth for 2023/24 Fiscal Year
Addis Ababa, Ethiopia – Awash Bank, one of Ethiopia's private commercial banks, has announced a...
