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Ethiopian Airlines, the fastest growing and most profitable African airline, colorfully celebrated 55 years of uninterrupted service to Frankfurt, Germany on October 24, 2013.

Ethiopian CEO, Mr. Tewolde Gebremariam, attended the celebrations in Frankfurt along with Dr. Renate Sterzel, City Councilor of Frankfurt, Dr. Stefan Schulte, Chairman of the Executive Board of Fraport AG, Mr. Mark Schwab, CEO of Star Alliance, H.E. Mr. Fesseha Asegedom, Ambassador of Ethiopia to Germany, and Ms. Dennenesh Zewdie, famous Ethiopian actress in Germany. Also present were representatives from the diplomatic community, the African Diaspora and various partners including Lufthansa, travel agencies and tour operators.

Ghion Hotel and other four state-owned enterprises put up for sale by the Ethiopian Privatization and Public Enterprises Supervising Agency (PPESA) have failed to attract bidder, Fortune reported.

In addition to Ghion Hotel, PPESA has also floated Weyra Transport S.C, Transport Construction Design S.C, Agricultural Mechanization Service Enterprise and Artistic Printing Enterprise. All enterprises except Weyra Transport has been on the privatization auction block previously.

The Ethiopian Space Science Society (ESSS) established its first space observatory at Entoto Mountain, in Addis Ababa, Ethiopia on October 24 2013, Capital reported.

The Observatory is installed 3,200 meters above sea level on the Entoto Mountain, an ideal location because of its minimal cloud cover, moderate winds and low humidity, according to experts.

A national workshop on mainstreaming trade into Ethiopia’s national development strategies launched in Addis Ababa, Ethiopia on Wednesday 30 August, 2013.

The aim of the workshop is to support trade policy making by strengthening the capacity of key government agencies that are directly responsible for mainstreaming trade into the national development strategies, Ethiopian News Agency reported.