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Yara International has awarded the 2012 Yara Prize to Dr. Eleni Gabremadhin, former CEO of the Ethiopian Commodity Exchange.

Dr. Eleni has been selected by the committee for her visionary leadership in managing the process to establish a functioning market for agricultural produce as the founder and chief Executive of the Ethiopian Commodity Exchange.

The Yara Prize Committee selected Dr. Eleni and Dr. Agnes Kalibata, Rwandese Minister for Agriculture and Animal resources for their work on ground breaking sectors in the African Green Revolution and contributing to effective public policies to support agricultural development and for profound innovation in agricultural markets.

Ethiopian Airlines will receive its first B777 freighter aircraft on the 19th of September from Boeing at Everett, Washington.
Ethiopian will be the first carrier to operate the ultra modern freighter in Africa according to the press statement released by the airline.

The B777 is unparalleled in freighter aircraft for long range capabilities, temperature control for fresh produce and life science materials, exceptional cargo and fuel efficiency according to Tewolde Gebremariam Chief Executive of the airline.  

Ethiopian expects to deploy this aircraft on longer freight routes to transport fruits and vegetables and flowers in an effort to expand and enhance cargo services he said.

Ethiopia conducted a business seminar for a business delegation from the Guangdong Province of China at the Addis Ababa Hilton Hotel.

The Ethiopian government has created a conducive investment environment for foreign investors said Seyoum Mesfin, Ethiopian Ambassador to China at the seminar held yesterday. The government encourages Chinese investors to engage in joint ventures with local businesses to promote technology transfer he noted.

A business seminar like the one conducted yesterday is expected to strengthen the long standing relationships between China and Ethiopia noted Birhane Gebrekirstos, State Minister for Foreign Affairs.

Emirates airlines announced a series of new deals for Ethiopian passengers including new special fares for flights out of Addis Ababa. The new fares represent several tiers of savings that extend to 30% reductions.

The offer is open to business and economy classes of tickets booked on Emirates between September 1st and October 15th 2012 for travel period between September 20th and December 5th 2012 and cover eight popular destinations Europe, Asia and the Middle East.

Emirates is offering promotional fares to eight destinations: Dubai in the Middle East, Chennai, Hyderabad, Karachi and Bangkok in Asia and Paris, Milan, Rome in Europe.