UAE Company to Setup Aluminum Factory in Ethiopia
The United Arab Emirates (UAE) based, Al Ghurair Group, is going to set up an aluminum factory in joint venture with Tracon Trading Plc at an outlay of U.S. $ 50 Million here in Ethiopia.
The United Arab Emirates (UAE) based, Al Ghurair Group, is going to set up an aluminum factory in joint venture with Tracon Trading Plc at an outlay of U.S. $ 50 Million here in Ethiopia.
Ethiopian Airlines announced it has won the Passenger Choice Awards as the “Best Airline in Africa” at the APEX 2014 EXPO. The Airline won the award second time in a row.
Commercial Bank of Ethiopia awarded Computer Business Machines (CBM), a Lebanese IT vendor, a contract for the supply and installation of 200 Automatic Teller Machines (ATM). The ATMs are said to be worth 51 Million Birr.
Abay Insurance Company S.C. has been awarded to be the insurer of Amhara National Regional State’s (ANRS) 873 vehicles for two years. According to Fortune, the annual premium is going to be 5.4 Million Birr.
Two Chinese construction companies are awarded two road construction contracts worth five Billion Birr by the Ethiopian Roads Authority (ERA). The roads to be constructed are in Eastern and Southern Ethiopia.
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