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The Saudi Star Agriculture Development plc, has named Fikru Desalegn, former State Minister for Capacity Building as its new Executive Director. The retired minister took over, one of the largest agro-industry projects in Ethiopia, as of November 1st said Haile Assegide outgoing executive director and current Chief Executive of Derba MIDROC and Tossa Steel Mill.

The new Executive Director will oversee the agro-industry project launched by Saudi Star in Gambella Regional State. He is expected to mange the operation of the rice farm as well as direct the construction of two mills in Gambella and Bishoftu.

A team from the Ethiopian Revenues and Customs Authority investigated Nile Drilling and Exploration plc for alleged evasion of customs duties on imported items to Ethiopia.

The team seized a water well drilling rig from the company’s garage according to sources. It was alleged that  the rig had not fulfilled mandatory customs formalities.

The water well drilling rig passed Modjo checkpoint and was taken to the Indian company’s garage without passing the Kality Customs clearance point said the sources. This was found to be in contravention of customs procedures which require imported items entering the capital to be cleared by the Kality office before their owners can take legal possession of them.

The flag carrier of Ethiopia, the Ethiopian Airlines, is showing the Logo of star alliance on all its aircraft. Star Alliance will officially welcome Ethiopian airlines in ceremony to held on December 13 in Addis Ababa.

The ceremony is expected to be attended by executives of the Star Alliance and CEOs from the member airlines.

Ethiopian Airlines will be able to access 21,410 daily flights to 189 countries as part of an existing network consisting of 4382 aircraft, 409,152 employees and 652.24 million passengers per annum and 160.3 billion US dollars in sales revenue.

The 4th Ethiopian Poultry Expo and Animal Tech Show was opened yesterday. It is expected that the Expo will play a role in promoting Ethiopia’s livestock resources to the international market according to Gidey Gebre-Medhin Director General of the Ethiopian Meat and Diary Technology Institute.

The Expo will provide all necessary information to investors interested in the sector explained Gidey.