Business

Ethiopia Unveils Landmark Shebele Resort in Push for Regional Tourism Hub

Ethiopia officially inaugurated the Shebele Resort in the Somali Region on Saturday, marking a...

Federal High Court Grants Bail to Teddy Afro’s Assistant Manager and Co-Defendants

ADDIS ABABA — The Federal High Court issued its final ruling this afternoon regarding the bail requests of...

Teddy Afro’s 148 Million-View Triumph Highlights YouTube’s Ethiopia Revenue Problem

The release of Teddy Afro’s latest album, Etorika, has not just been a musical event; it is a...

Teddy Afro’s Associates Arrested, Studio Raided After Etorika Album Breaks Records: What We Know

Ethiopia's most celebrated musician, Tewodros Kassahun — known worldwide as Teddy Afro — is at the centre of...

Made in Ethiopia Earns Emmy Nomination, Spotlighting China’s Industrial Footprint Through Women’s Stories

Addis Ababa, Ethiopia — The documentary Made in Ethiopia has been nominated for an Emmy Award in the...
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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...

Addis Abeba to Implement Shift System for Code 2 Vehicles to Alleviate Traffic Congestion

Addis Ababa, Ethiopia – In a bid to tackle the growing traffic congestion in the capital, the Addis Abeba City Traffic Management Authority has...

Ethiopian Capital Market Authority (ECMA) Introduces Directive to License First Securities Exchange

Addis Ababa, Ethiopia, July 16, 2024 – The Ethiopian Capital Market Authority (ECMA) has announced the issuance of a groundbreaking directive that will facilitate...

Takele Uma Returns to Leadership as Ethio-Djibouti Railway CEO

Addis Ababa (July 9, 2016) - (Dr.) Engineer Takele Uma Benti has been appointed as the Chief Executive Officer of the Ethio-Djibouti Railway by...

UAE and Ethiopia Forge Landmark Currency Swap Deal to Boost Trade and Investment

Addis Ababa (16 July 2024) - In a landmark financial collaboration, the Central Bank of the UAE (CBUAE) and the National Bank of Ethiopia...
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