Ethiopia-Dubai Diaspora Business Forum Underway in Addis

A two-day Ethiopia-Dubai Diaspora Business Forum opened in Addis Ababa, at the Sheraton Addis, yesterday. The business forum brings together business communities from Ethiopia and the UAE with the intention of business networking and promoting business opportunities between the two nations.

Misganu Arega (Ambassador), Ethiopia’s State Minister of Trade and Industry, speaking at the opening of the forum, said the platform is important to consolidate the bilateral relations between the two countries and attract more foreign direct investment (FDI) to Ethiopia. Ethiopia is keen to take lesson from UAE to increase the export of value added products, he added.

Ambassador Misganu further noted that, in addition to attracting investments, works are underway to address challenges facing investors in Ethiopia. Recalling the investment promotion and protection agreement signed recently between the two sides, the State Minister said Ethiopia is also working to boost its people-to-people and trade relations with the UAE.


Source: FBC

 

 

Exchange Rates

Selling
Buying
USD 29.9569  29.3695 
GBP 36.8826  36.1594 
EUR 33.2881  32.6354 
CHF 28.8512  28.2855 
CAD 20.5823  20.1787 
AED 7.3802  7.2355