Tewolde GebreMariam, Group CEO of Ethiopian Airlines, said in a statement today his carrier still “believes in” Boeing in spite of the B737 Max 8 plane that crashed and killed all 157 people on board. This has led to the global grounding of the 737 Max model. Boeing shares have also fallen down by 14 percent since the crash, which translates into $34 billion off the company's value.
The Ethiopian parliament ratified the draft proclamation of African Continental Free Trade Area (ACFTA) agreement. The House of People’s Representatives (HPR) members voted unanimously in acceptance of the ACFTA agreement.
Add a comment Add a commentThe Yirgalem Integrated Agro-Industry Park, which is scheduled to be the newest addition to a file of industry parks sprouting across the country, will start operations in three months.
Add a comment Add a commentAbay Cement has officially launched the construction of its plant in Dejen district of the Amhara region. The construction of the plant will cost 8.8 billion birr.
Add a comment Add a comment
The Ethiopia-UAE Business Forum opened in Addis Ababa today (March 20, 2019). Attending the forum are sixty plus business and government delegates. The participants of the forum are potential investors who hope to get involved in several investment sectors in Ethiopia.
