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Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 12 June 2023.

Ethiopian Airlines aims to expand its fleet and network map. It currently has 140 aircraft and plans to add at least 130 more by 2035. The next round of aircraft orders will be a mix of narrow-body and wide-body aircraft, including the Embraer E2 series, Airbus A220, Boeing 737 MAX, Airbus A320neo, 777X, and A350-1000. The airline is also planning to expand its network to Australia, the Americas, and Europe and increase flights to Toronto and apply for traffic rights to Montreal.

Ethiopia's Dashen Bank and Ecobank have partnered to launch a new remittance app that allows Ethiopians living in Europe to send money instantly to their families and friends back home. As per the joint statement issued by the companies, the app, called Rapidtransfer International (RTI), is available in 33 countries and offers a low-cost, convenient and secure way to send money.

The Oromia Industrial Parks Development Corporation (OIPDC) has signed agreements with five investors to invest in 11 sectors at the Bulbula Integrated Agro Industrial Park (BIAIP). The agreements were signed by OIPDC CEO Senayt Mebre and the head of Oromia Investment and Industry Bureau Ahmed Idris.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 June 2023.

Businesses received fines for unfair trade practices. According to the Ministry of Justice, a Chinese owned cables company named Huasheng Cables Manufacturing PLC was fined Birr 17.7 million for manufacturing substandard electrical cables and providing misleading information to consumers. On the other hand, an entity called Sehima Jemal Se’id was fined Birr 424,000 for importing and selling counterfeit beauty products.

Addis Ababa is hosting the 5^th Agrofood and Plastprnitpack International Trade Fair. The four-day trade fair is being held at Millennium Hall and will close on June 11. Ambassadors, business sector leaders, and invited guests, including Minister of State for Industry Mr. Hasan Mohammed attended the opening ceremony.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 08 June 2023.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 07 June 2023.

The Ministry of Labor and Skills has announced that 51,000 of the 179,000 enterprises established in the country since the government adopted a new policy on family businesses are family-owned.