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The Addis Ababa  Chamber of Commerce and Sectoral Associations, the powerful trade chamber in Ethiopia, re-elected Ayalew Zegeye as President of the Board of Directors. Vice President Abebaw Mekonnen was also reelected.

Ayalew Zegeye was re-elected as the only finalist left in the final round. The committee in charge of the nomination process started out with a field of 19 prospective presidential candidates.

A team from Airbus led by Mr. Francois Cognard, Vice President for sales, Middle East and North Africa, said to be promoting the Airbus A330 aircraft to Ethiopian Airlines, the flag carrier of Ethiopia, according to sources.

Aircraft manufacturers hold discussions with carriers as a matter of course said Cognard declining to comment on any ongoing negotiations between Airbus and Ethiopian Airlines.

Ethiopian Airlines and the Boeing management are in discussions for the purchase of 5 more 787 Dreamliner aircraft said Tewolde Gebre Mariam CEO of the airlines.  

The move is part of Ethiopian Airlines’ expansion project he said. It is to be remembered that Ethiopian Airlines is expecting the delivery of 10 Dreamliner aircraft ordered in 2005.

Ethiopia has set a target to earn 359.3 million US dollars from the export of leather and textile in the coming year announced the Ministry of Industry.

It is expected that 206 million US dollars will be raised through the export of value added leather products according to Melaku Taye Corporate Communication Director at the Ministry.